Member Info for wraith

Thanks for posting the link ( https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03066754-6A1315729&v=undefined ),smkr.

BW

Also increased (by 800%) our PANR shareholdings,...we have been holding a few PANR shares for quite some time, and decided now might be a good time to increase our position here substantially.

BW

Ha ha, I'm also 78 (but still young at heart) and invested here, Sskyla,...been here since GBP days, got a few million GEO shares tucked away now, having recently increased,...Good Luck to us all invested.

BW

Thanks for posting the link ( https://www.malcysblog.com/2026/02/oil-price-borders-southern-and-finally/ ), blissful,...the reference to being remarkably guarded, to the point of reticence, caught my attention,... let's hope positive news is close.

BW

Pallas Assembles Major Copper-Gold Portfolio

in the Central Asian Orogenic Belt:

https://www.pallasresources.com/_files/ugd/92d970_e50c181df93b4245a29ac6092731876a.pdf

30th Nov 2021 Ariana Resources takes up 6% interest in Pallas Resources:

Ariana Resources PLC - exploration firm with interests in Turkey - Through subsidiary Asgard Metals Fund, invests GBP275,000 into Kazakhstan-based gold and copper explorer Pallas Resources Ltd for 1.3 million shares.

In addition, Ariana will also sign a consultancy agreement with Pallas, under which Ariana will provide technical consulting services for exploration activities by Pallas over a two-year period.

Asgard Metals will hold a 6% stake in Pallas once fully invested.

"This investment exemplifies Ariana's expanded reach and strategic direction via the Asgard Metals Fund. We are actively pursuing opportunities throughout the Eastern Hemisphere, as we develop future growth opportunities for the company across new horizons. We now look forward to assisting Pallas in its development, ultimately towards an IPO," says Managing Director Kerim Sener.

BW

Thanks for posting the link ( https://stockhead.com.au/resources/london-broker-zeus-tips-240pc-value-upside-for-ariana-resources/ ), smkr,...the underexploited Zimbabwe Craton compared to the exploration in the Australian Yilgarn Craton (page 12, which is 7.27 into the link https://youtu.be/ROZ0w8qXyqo?si=rmpyiU8IhMxriMvz ), leaves me with the view that there is a great opportunity for Ariana to grow the Dokwe gold project.

Using standard market multiples, a fully owned and operating gold mine like Dokwe would be valued at US$250-300m (A$380-$455.8) as a standalone asset at a conservative US$2500/oz (A$4875/oz) gold price, underscoring Zeus's view of the upside (5.1p target),...from memory, a figure of US$70m approx was mentioned (in a previous video I viewed), when referencing the estimated cost of building Dokwe gold mine,...Gold at $5,000 oz & Silver at $110 oz ( https://www.bullionvault.co.uk/gold-price-chart.do ).

The broker 5.1p target looks to be conservative (IMO).

BW

Thanks for sharing, swizz,...Back in 2018, we bought PRD (at present we hold almost free PRD shareholdings, our Gross Average sub s/p@0.24p) shares for their Trinidad & Corrib South interests,...my understanding is, the planned Snowcap-3 well has the potential to be in production in Q3 2026,...looking forward to the Snowcap-3 drill results myself.

BW

That makes interesting reading,luckyswimmer,...when considering there are several parties interested in the GEO farm-out talks:

Extract:

The Directors believe that activity with Chevron and others across the region has reinvigorated interest in PEL0094, particularly since October 2025.

Source: https://www.londonstockexchange.com/news-article/GEO/gorge-and-namibia-update-and-issue-of-shares/17413490

BW

Thanks for posting the link ( https://x.com/geoexpltd/status/2011728321340637439 ), mickey1122 ,...I found Share Talk's coverage of both Gorge and Namibia Update to be informative.

Share Talk's link: https://www.share-talk.com/geo-exploration-limited-aim-geo-gorge-and-namibia-update-and-issue-of-shares/

BW

With the specified targets in the RNS ( https://www.londonstockexchange.com/news-article/COBR/establishment-of-employee-benefit-trust/17414253 ), this could be an interesting/rewarding journey.

BW

Yes mannnan, that doesn't surprise me, with the current Market Cap of £7.84m,...Ive been increasing at present levels.

BW

Agree,...both looking good.

BW

Thanks for posting the link ( https://investors.cobraplc.com/announcements/7323530?fromLink=true&utm_campaign=announcement_7323530&utm_source=cobr_hub&utm_medium=share ), Howard249,...looking forward to 2026 news flow.

BW

Being new to AAU, I found the interview below very helpful and informative when considering the movement of the planet's tectonic plates, in relation to the Zimbabwe Craton and the Australian Craton.

The exploration potential in the Zimbabwe Craton, using this technology.

Explore Smarter & Discover Faster

https://youtu.be/zfj2WDm1iuk?si=WRLnGDNiUQUmPmE_

BW

I couldn't get the link to work, VanVan. Below is what I found on AI Overview.

AI Overview

On January 7, 2026, VSA Capital analyst Paul Renken reiterated Ariana Resources plc (AAU) as a top stock pick for 2026, projecting significant growth potential in gold and critical metals. This optimistic outlook followed an equity investment by Xinhai Mining and a related options grant [1].

Renken outlined share price targets for Ariana Resources ranging from 1.49p to 2.49p, with the specific target dependent on the progression of the investment stages. These projections suggest strong future growth for the company in the year ahead

BW

Yes, it's all there in the RNS ( ),...Xinhai to make an A$8 million equity investment, to be completed in Ariana CDIs, inclusive of a A$500,000 Signing Fee, at a price of A$0.30 per CDI. This works out at approximately 1.49p per share, based on my calculations.

Also,... Xinhai is to be granted up to 18,333,333 options to acquire CDIs on a 1 option per 2 CDI issued basis, with each option having an exercise price of A$0.50 per CDI, exercisable until 31 December 2027. This works out at approximately 2.49p per share, based on my calculations.

Source: https://www.londonstockexchange.com/news-article/AAU/binding-definitive-agreement-for-xinhai-investment/17383586

I came to the same conclusion (*Shandong must be confident that the share price will increase significantly*), resulting in us becoming AAU shareholders last Friday.

BW

I came across a recent Zak Mir interview ( https://youtu.be/gIDoZl7pg5M?si=91mG6AarwzNViiIz ) during the Christmas/New Year period. After reading back over many RNS and watching numerous videos, I found myself agreeing with the points made in the above interview.

BW

Agree, excellent farm-out news ( https://www.londonstockexchange.com/news-article/EOG/eg-08-farm-out-agreement-signed/17391692 ),...the AGM result ( https://www.londonstockexchange.com/news-article/EOG/result-of-agm/17393448 ) is also a good result (IMO).

BW

I also did a quick calculation beardozer,...agree with your worst case scenario figure of 3.6p (£45m approx), then there is the interest to be added ?,...it's great news to be catching up on, over the Christmas period.

BW

Agree, excellent RNS ( https://www.londonstockexchange.com/news-article/LOGP/funding-secured-for-ect-arbitration-claim/17383648 ),...it's very good news to have over the Christmas period,...as existing LOGP shareholders, we are looking forward to 2026 news flow.

BW