Member Info for VanVan

I was of course humorously referring to his 125,000 share holding which he seems embarrassed about. Told him it makes no difference. The fact is he is a shareholder in Ariana & therefore is interested in this great developing story like it or not!

I was of course humorously referring to his 125,000 share holding which he seems embarrassed about. Told him it makes no difference. The fact is he is a shareholder in Ariana & therefore is interested in this great developing story like it or not!

Interesting article: March 26th !!! https://www.zerohedge.com/news/2018-03-21/china-days-away-killing-petrodollar

Just love your enthusiasm and joy at picking holes. But it is always good to challenge everything and test understanding. I happen to agree about the reference to September and have already emailed Michael concerning that. However without checking the detail, I 'm not sure we have seen Michael buying shares so consistently before. Every bit of spare cash he is using to buy more when the "windows" allow. We will have to disagree about the message director's buying their own shares gives to the market. Happily most Investment guides highlight this as one of the very best signals. Selling shares is one of the worst of course. I can only assume that you have never really taken the time to get to know Kerim or Michael and as a result realise the type of people they are. I honestly believe your assessment and accusations are totally misplaced and inappropriate. They are a breath of fresh air in what is often a very murky arena. But if you think otherwise, Salinbas or not, you need to watch the video again! Let's not make anything personal.

Proactive have a new interview out with Kerim. Seems to be some new information. 1. Teams back at Salinbas 2. Tavsan Resource Statement sounds like it isn’t that far away. 3. Once we have that the next priority is the Environmental Permit and the Internal Feasibility Study. Seems to indicate we could get this later this year. 4. Kiziltepe continues to perform well. Costs under $600 per oz. Hope you can find the link ok.

400 miles. With all the good feedback I can see why you won’t want to bother. But so many nice investors to meet! Ha ha. Don’t worry about the size of your manhold’ As the advert said ....it’s an “ology”. Big or small we are all interested in the same outcome. Good luck

If there are sellers on here (stale bulls) it is great to see that those who follow the direcotor’s example are mopping them up. They must be delighted to be offered them so cheap. Just weeks away from news that will in all probability re-rate the shares. How is it that some are so blind to the amazing value. We all tend to do the opposite with shares. See a bargain in a shop or on line and we want to buy. But with shares we prefer them to be expensive and going up. It seems impossible for most to ignore the lemmings. There is so much more comfort in doing what ever other misguided person does. Come on wake up everyone. It doesn’t take much research especially when the Chairman is writing it out in words of one syllable! DYOR

Well blow me down! At least we can conduct just one exchange. Will you come to the shareholder meeting?

Are you soulsauce from ADVFN?

So we touched 3.7p (trade high) in May last year. Now we are down over 50%. That's quite a lot in anyone's book. What on earth has caused that? As far as I am aware, we should be worth more now, not less. Is there no logic to investing in AIM shares? Are we vulnerable to be bought out at this price? I love to hear what the Board thought about this at their recent Board meeting (shown on Twitter)

We could be very gold price dependant even though our margin is large. Let's hope that continues.

Do you think the Co. should consider buying back some of its shares if there are any surplus funds?

Bit on insomnia at the moment. The Board must be wondering what on earth they need to do.

They have promised much greater detail in this year's Annual Report & Accounts. I expect the AGM will be in June. I have a really good feeling that the next phase in the life of Ariana is about to tick off. Well say from the announcement of the next quarter's numbers. The struggles are behind us. The future is about building shareholder value in so many ways. I think Michael De Villiers has demonstrated that with his recent share purchases - putting his own money where his mouth is so to speak. I wouldn't be surprised if with the help of Yellow Jersey, we don't see a number of positives co-ordinated to start the next phase. I know I'm certainly not selling. This is hopefully the period I've been waiting for. I agree it would be great if we could bring on board a strategic investor or partner to really accelerate the work programme required in the Hot Gold Corridor, but that could happen at any time.

Good timing for the meeting as it will be just after the April results and hopefully will give the Co. a chance to talk about plans at Tavsan and Hot Gold Corridor.

Ref: Beaufort - I think you will find that there were probably good business reasons why they didn't feel able to drop them straight away, even though they no longer needed them for fund raising now they are self financing. You have to think through issues like unintended consequences. I don't think I would want to elaborate further. As it happened they ended up not having to take that decision. It was done for them. It is silly to say they have no value without Salinbas. They are a producer with earnings which are just two times the Market Cap. They will have cash, share investments, J.V. loans to be liquidated, & of course numerous in the ground assets. Yes Salinbas (Hot Gold Corridor) could be the elephant in the room (multi million oz resource) but we are undervalued as we stand. If Salinbas turns out to be another Hot Maden this is a ten bagger plus. In terms of drawings I think if you do any research into this you will find that they pay themselves considerably below the industry norm. And they have "skin in the game". So many of these types of Co's have directors with no shares. But not everyone will see the potential and that is understood and accepted.

levistubbs: The debt isn't an issue. The Bank loan is quite normal (in fact quite small to build a mine) & funded the mine without recourse to shareholders. The pay back period, as set out in the F.S., was always very short term. The interest rate is unusually low, no doubt due to the lack of risk. Within 2 years it will be, to all intent & purposes, cleared.. Why is Tavsan too far out?. The plans are to get it into production in 2020. Much of the infrastructure is already there at Kiziltepe, so it can be built for c. $20m quickly & at relatively low cost. We know they can do it as they have already proved that with Kiziltepe. So the risks are low. The Bank has apparently already indicated they will be happy to help again. I agree there may be lots of stale bulls around, but as I say, the production numbers will speak for themselves and soon attract a new raft of investors helped along hopefully by Yellow Jersey.

I'm surprised you are all so negative. You seem to dismiss what has been achieved and ignore the potential. Those who recall be invested in Mariana Resources, we had exactly the same thing. Then it all changed with the Hot Maden discovery. But most small AIM miners are just explorers hoping that eventually their luck will change. Very few ever make it into production and just use shareholders to keep them afloat. With Ariana you are buying into a producer with a Mkt Cap of �15m. Peer comparison shows we are hardly premium valued on any matrix. Then there is the margin. Lower quartile costs (not sure why anyone thinks they should be lower) and price inc. silver of $1400 p. oz giving a thumping margin of $800 per oz. Red Rabbit of course has the potential with Tavsan to go to 50,000 ozs p.a. (50%) and we have 4/5 satellite pits to still fed the mine. Other projects like Kizilcukur owned 100% by us, are likely to be sold into the J.V. at some point. And of course there is the monies owned to us by the J.V. which has just started to be repaid. So we are profitable, have a massive margin, only need 2 years to clear our loan, in 2 years will more than double production and will hopefully achieve similar results with The Hot Gold Corridor as Mariana did (sold their 30% of Hot Maden 5 km south of our project area for $170m) We own 100% and our area is much bigger. The Chairman has been upping his stake. We have taken on a PR agency, and we are weeks away from what will no doubt be further excellent production results. You can try & find fault and talk yourself into selling, but surely that is short sighted. Look at the here & now & the future. There's little risk to the downside, but get great potential to the upside. I honestly think this is one of the cheapest & most underrated goldies on AIM at the moment. I don't think that is going to last much longer as the numbers speak for themselves. Good luck to you all. These are only my opinion of course.

Sorry to hear that Able. Do you have any idea how long you will have to wait before you have access to your money & stocks ? I agree with your remarks by the way. I’m amazed at how little volume is needed to make it move so much.

Oh well done Traceylied. Still time to change your mine. Most of us would sell I guess if the price was right, say 10 times the current price. Perhaps your target is more modest. Looks like this afternoon that we can't resist giving folk a last chance to buy in at a special price.