Member Info for VanVan

The team have again performed exceptionally. All continues to look good as the debt is cleared (by April) and the MoU gets close following conclusion of DD at the end of January. Other news in the pipeline as well in Q1. The chart (TA) looks to have broken out of a flag formation following a golden cross at the end of 2019. What’s not to like.

Did we discover who ARX are?

I'm seeing this on The ADVFN RBD site courtesy of showmethemoneyhoney. Hope he/she doesn't mind me copying it across.
Perhaps you have already seen this. So many posts here!
Https://twitter.com/hashtag/ujo?f=live

Letters now on twitter from East Riding Council.

I think it boils done to timescales and risk. Some of us have been invested for longer than we like to say and welcome this low risk accelerated route to monetisation. If you are happy to remain invested for another 10 years then maybe going it alone might eventually deliver bigger results, but that certainly isn’t guaranteed. The Co. have said for years that Salinbas was too big for them and this not only solves that but also will transform the balance sheet and give Ariana the opportunity to share in the stated goal to “become one of the premier mining companies in Turkey”. That is a massive expansion from where we are now. I suspect Kerim and team have been frustrated by the constraints of size and cash knowing they have the skills, energy and enthusiasm to do much greater things. Good luck to them I say . I’m sure that those of us with a shorter term investment horizon, who appreciate the added advantage of the de-risking, will also be the beneficiaries. When has Kerim let us down? Time to again trust and support him imo.

I understand from Michael de Villiers (spoke to him on Thursday) that the D.D. is all on track
to meet the target date and all going forward without any problems. If successful, as I’m sure it will be, this in depth independent assessment of Ariana and it’s assets has to be a significant statement of reassurance for current & future investors. I would expect very encouraging numbers next week as well. A very exciting few months coming up. Stand by your beds.

Just a few observations. You were at the PG presentation in the summer when surely you witnessed first hand the directors excitement about the Hot Gold Corridor. They are always very proper & correct but Kerim in particular finds it hard not to transmit his positive feelings. We have a 1m JORC resource already and a 2.7m t exploration target. That is based on a tiny % of the whole. Do you recall the slide showing the photo of the visible gold on the top of the Salinbas mountain. The grade was bonanza and far better than anything at RR. Not even buried. What ever way you cut the AAU cake the valuations are currently totally compelling. With the Capex debt pretty well clearer, our best ever figures probably due in a week or so and the expectation of all that cash to totally de-risk us, this is looking incredibly attractive imo. Can’t be much longer to buy at these unrepresentative prices. DYOR

Thats a shame as I have always found Bert Monroe to be very approachable, but he has now gone to Cora Gold of course. Dan Betts will now need to up his game with shareholders if that iOS the case.

$1583

I now get it. Thanks for the valuable explanation.

Sorry what is the relevance to this line of discussion? Have I missed something about Attie Roux?

It went up 58% in 2019. Not that bad. Or do your shares go up more?

I suspect that as we get closer to the outcome of the major Construction Co’s due diligence investors will increasingly the value disconnect. But in the meantime we have the Q4 results, due perhaps around 14th Jan., which will no doubt impress. So I’m expecting a steady but ongoing improvement in the SP over Q1. The strengthening gold price will also help if it continues. Fingers crossed & happy New Year everyone.

Raises a few questions like what type of second hand car was it?

https://www.proactiveinvestors.co.uk/companies/news/909571/how-ariana-resources-turned-a-3-idea-into-30mln-909571.html

Thanks Ash. I would also like to do the same. There have been some great contributions over the year and most of it very civilised. They have facilitated solid debate which is always a healthy thing, and I found it very helpful. What's more there are a lot of really loyal long standing shareholders who post here who really do deserve to see decent recompense for their fortitude. I really think 2020 could be a special year for Ariana, especially if gold performs as many think it will. So let's all relax and enjoy the Christmas period and look forward to a rewarding 2020. Happy Christmas & a healthy 2020. to all.

Santa rally? Or is the the message seeping out that someone big and credible is prepared to give us as much cash as our Market Cap. whilst still letting us retain large chunks of our business. Bit of a no brainer perhaps.

https://kalkinemedia.co.uk/2019/12/16/ariana-resources-plc-lon-aau/

Welcome aboard ASH. I’ve been invested sometime buying in originally pre the problems. But that did prove a great value opportunity as you say if all plays out which so far it has. Operationally wish at least. I’m sorry to see Bert Monroe go to Cora but that means there are still links given our 18% investment there.
These next results will be telling followed by the new mine plan and Reserve. It will be interesting to see if the Daily Mail article has an impact. Cheers

That PR plus the Jupiter news should set us up nicely for Monday.

The Daily Mail has Hummingbird as their punt of the week!