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Wow - that took us by surprise. They haven’t been sitting on their hands. This is a big change and moves the Co up into a much bigger league. Special dividend as well. Happy bunnies

Tell us more please.

Good...just concentrate on the stock in hand. Great video out this morning.

hTTps://www.brrmedia.co.uk/broadcasts/5dd80cc68e9f38744a57e5f9/ariana-resources-arzu-north-mining-and-exploration-update

Freudian slip..ha ha

What's this with the filtering?! I'm not spending time typing here to see it removed. ADVFN a better bet I think!
Well done John with the acquisitions. I'm sure we will all do well in time.

As we all know value will always out. Not necessarily immediately but eventually the market twigs and the re-rating occurs. You can't go wrong putting your faith in fundamentals. It lets you sleep at night.
Ash's share price predictions are supported by Panmure Gordon who say our share price should be c. 5p now at $1500 gold.
No one is asking you to buy shares here Noel. Do your own research.

I note 55174 tonnes of ore was milled this quarter at a head grade of 4.47g/t compared to 48132 tonnes last quarter at a grade of 4.18 g/t. So that is encouraging. Production of ore was 47933 tonnes compared to 43367 last quarter.
Operating cash cost of production was also slightly down from last quarter - $540 compared to $589.
It would be interesting to know how grades are holding up at the new mining operations of Arzu North & Derya.
The big jump is of course this quarter is in the adjusted realised price taking account of the silver, up from $1496 to $1696 per oz. (Up $200 - £155 per oz.) Nice. I believe a $100 uplift in the price of gold adds circa £2.5m annually to the bottom line.
Gold will be explosive unlike anything we've seen says Canada's billionaire Frank Giustra. Look out his recent interview on Kitco YouTube.

Piltick: Tell me about it!! Value must out at some point.

Is it not feasible for one of the Majors to say we fancy lending you the £5m, in fact we could lend you more or just acquire you lock stock & barrel. £5m to get say 25% of UJO's interest in West Newton (25% of the current Market Cap) seems an incredible deal. Perhaps RBD would like a bigger slice of the cake. Could it be that D.B. has a whole table of options open to him; not just a simple Placement and as a consequence it is taking longer to evaluate them takes and some careful D.D. & in consequence time. I could genuinely see the Placement at a premium as buyers fight over the spoils. The potential returns on this once in a lifetime sale of the century. Might be wrong of course. Only time will tell!

Enjoy the film John. Nothing confirmed for Monday yet but I agree Tavsan is key to realising solid value. I would like to get the timescales set out. Don't meeting a Gantt chart!!!
Not just local consultation meetings, but E.I.A. submission to the Ministry of Environment, the update Resource leading to Reserve and extended Life of Mine, the J.V. internal feasibility study, the forestry permits, etc. leading to finance, construction and production. Hopefully production by 2022. I also note you comment about Kizilcukur. Potentially this must also apply to other 100% owned satellite pits.
There is an article in Hot Stock Rockets or is it Hot Rocket Stocks or Stocks Rocket Hot for anyone who follows that!!!

For all the petrol heads I went to see the new LeMans66 film last evening. Still a bit twee but how much longer will we be allowed to listen to a tuned V8. Interesting to learn more about Ken Miles as well.
Anyone going on Monday out of interest?

Interesting article in the Mail about the most dangerous places in the world. Turkey comes out well. The fear, if any, is often over stated .

Thank you for the feedback. Much appreciated. I see from BioNTech's own news flow that they seem very bullish about their strategy, although I do think it will be well into 2020 before we know if their individualised cancer vaccines are really the panacea. they hope for. Ugur Sahin remains very bullish about his Co. Of course the US Co. Genentech are also moving strongly in this area of expertise/development as well, but again nothing really conclusive yet as far as I can ascertain. Let's hope there is progress for cancer patients soon wherever it comes from. Making money must be second fiddle to that imo.

Lots of teasers in this very positive RNS. Some solid grades. Even 2m at 17.9g/t Au and 3m @ 7.74 g/t.
New mineral resource, which is so important to our valuation going forward imo, is being worked on and will be completed once the results from Arzu South deep drilling programme are obtained in Dec.
This could indicate in the future underground mining at Arzu South & this RNS says "deeper drilling (at Arzu North) will be considered in future to define any underground potential". So potentially 2 underground mines in the future!
But the key message for me is the much extended Arzu North pit area as shown in fig. 1 indicating a lot more gold.
A new Resource, then a Reserve all leading hopefully to an extended Life of Mine from here of 10 years plus should add significant confidence and value.
The 1315 metres of additional drilling (10 holes) being processed at the lab. for Arzu South is underway, so these results aren't far away & should support the underground resource estimation.

Can anyone comment on where we are with Modi 1 (TNBC trial) and our developing relationship with BioNTech?
Is it basically the same as reported at the AGM in September? Slow progress!

Hi Ash,
Out of interest are you thinking of attending on 25th, either the presentation or perhaps even better asking for a 1 to 1 session during the day? I suspect that due to the level of detail and understanding you now have, the only way to address such important questions adequately is in a one to one session with Kerim (Kevin?) and Michael. I think the questions otherwise might get glossed over in a Q & A session after a general audience presentation.
Originally I had understood that the new Resource for Kiziltepe was aimed to be completed by year end. Then the updated Reserve would be concluded during H1 - 2020. That would obviously give us the much needed extended life of mine with again my understanding being that they are aiming to get this back up to 10 years from 2020. But they have a lot going on what with the Tavsan work as well which is perhaps equally important and it seems like the Resource/Reserve work has slipped.
I'm also unclear what has happened to Kepez which I thought we were told was being accelerated, but we have heard nothing about this for sometime now, unless I missed it.
As for a second Ball Mill, as far as I know it has only ever been very loosely mentioned as an inevitable at some point in the future. The thinking as far as I know was that the all important Resource & Reserve work at Kiziltepe and perhaps the satellites, had to pre-empt it for obvious reasons.

Great work cornishknocker. Thanks for sharing. As you say impressive numbers. Quite a bit of latent value sitting there. Hope they have good security!

Did he actually say they were fully funded? I must admit the timing of a Placing seems odd. If DB is so attuned to shareholders and wants their ongoing support & loyalty this doesn't seem to accord with that sentiment. I got the impression he was aiming to let the SP run up with Wressel news due etc. It will be interesting to see if the Institutions gobble this opportunity up at the bargain price. I suspect they will given the support RBD got for their massive raising. Pte shareholders as always take second place. Shame. Leaves a bit of a sour taste.

Sounds great Ash. Thanks