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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ariana Resources Plc | LSE:AAU | London | Ordinary Share | GB00B085SD50 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.075 | 3.09% | 2.50 | 8,049,305 | 14:03:12 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2.40 | 2.60 | 2.50 | 2.25 | 2.425 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 4.03M | 0.0035 | 7.14 | 28.66M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:06:10 | O | 80,000 | 2.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 25/4/2024 | 13:12 | ALNC |  Ariana Resources agrees all-share merger with Zimbabwe project owner |
| 25/4/2024 | 07:00 | UK RNS | Ariana Resources PLC Merger with Rockover Holdings and Dual-List on ASX |
| 11/4/2024 | 17:37 | UK RNS | Ariana Resources PLC Holding(s) in Company |
| 28/3/2024 | 10:28 | ALNC | TRADING UPDATES: Develop North net asset value down amid rising rates |
| 26/3/2024 | 07:00 | UK RNS | Ariana Resources PLC Resource and Reserves Update |
| 12/3/2024 | 17:41 | ALNC | EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties |
| 12/3/2024 | 07:00 | UK RNS | Ariana Resources PLC High-Grade Drilling Results at Tavsan |
| 22/2/2024 | 12:05 | ALNC | EARNINGS AND TRADING: Galliford wins deals; Sylvania profit down |
| 22/2/2024 | 07:00 | UK RNS | Ariana Resources PLC Final Drilling Results Received for Kizilcukur |
| 15/2/2024 | 14:22 | ALNC | IN BRIEF: Ariana Resources completes Dokwe due diligence drilling |
Ariana Resources (AAU) Share Charts1 Year Ariana Resources Chart |
|
1 Month Ariana Resources Chart |
Intraday Ariana Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/4/2024 | 23:27 | Ariana Resources - Gold, Copper and lots of cash! | 23,899 |
| 25/4/2024 | 23:45 | Ariana Resources PLC - aiming for 50k oz gold production in 2020 | 174 |
| 25/4/2024 | 08:10 | *** ARIANA RESOURCES *** | 275 |
| 20/12/2023 | 19:19 | help overview aau | 2 |
| 22/6/2023 | 14:05 | AGM …… What to expect? | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:06:10 | 2.50 | 80,000 | 2,000.00 | O |
| 15:53:31 | 2.44 | 306,722 | 7,490.15 | O |
| 15:29:01 | 2.44 | 50,000 | 1,221.00 | O |
| 15:21:29 | 2.56 | 100,000 | 2,560.00 | O |
| 14:50:48 | 2.44 | 50,000 | 1,220.00 | O |
| Top Posts |
|---|
Posted at 26/4/2024 09:20 by Ariana Resources Daily Update Ariana Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker AAU. The last closing price for Ariana Resources was 2.43p.Ariana Resources currently has 1,146,363,330 shares in issue. The market capitalisation of Ariana Resources is £28,659,083. Ariana Resources has a price to earnings ratio (PE ratio) of 7.14. This morning AAU shares opened at 2.43p |
Posted at 26/4/2024 20:39 by konil jeeeeezzzzz, turn my head for 2 days and i come back to 350 posts.everything has been covered by everyone so i only have 3 points: 1. biggles was on the money when he thought ks would hang onto dokwe and i was waaaayyyy off when i thought ks would look for a quick monetisation opportunity and exit. i regret that and wish it had been the other way round for reasons below. 2. strange how they have already 'priced' the purchase of dokwe without knowing the total cost to get to first gold pour?????? it may be that the out-of-date pfs is ok because the variables appear to be on the upside, but until a *bfs* is done its still a lot of fita. 3. the main point - risk!!! aau had become a relatively safe small miner, with good income, no debt and a portfolio of manageable value accretive exploration projects to work on, but now it has taken on a project the size of which compared to the size of aau makes it a very risky entity - financially because even with income from kizil and tavsan probably lots more dilution to come beyond the 688m shares so far. the get out could be if aau have sufficient resources (cash, gold holdings, income) to navigate this at limited further dilution. and assuming non-equity funding will be available when needed. - politically because despite all the positive noises (well what else would ks say), zimbabwe is still frontier territory - corporately, with unknown jv's/deals to be done, and at an uncomfortable size for aau, to enable progress at dokwe. (could newmont wade in and gain an outsize holding relative to their buy-in cost due to their muscle?) plus a rather unwelcome dual listing for aau from a uk shareholder viewpoint. 3 years, probably more like 6, is a long time for a company the size of aau to carry this size of risk. and if they want to offset that risk will existing holders get heavily diluted in the process? this is not the company profile i invested in with overweight allocation of my funds. they might have done better to scale down dokwe ambition and focus on venus/apliki, but therein lies another tale and i feel we have been blindsided on that. of course all these thoughts are on scant detail but has ks's ambition together with an overly chummy association with dokwe proponents led ks down the wrong path? great geologist? yes! great corporate strategist? |
Posted at 26/4/2024 08:48 by xow98 From "the other board"Once again, left feeling like KS has't done any favours to the share price with the news this morning. Why is it with KS that every RNS seems to ask more questions than give us answers. When it comes to timelines AAU aren't very consistent, and are instead consistently late, so take the 3 years with a pinch of salt. I like the idea of not having all their eggs in one basket and diversifying from Turkey, but not to Zimbabwe, and surely it would have made sense to get Tavsan up and running first. All in all, not very happy, and looking at the SP, not too many people are. |
Posted at 25/4/2024 19:20 by charles clore Thanks - agreed we need more information and a vote. Let us not forget who AAU belongs to. Having said that I believe quite strongly that gold, silver and all other precious metals will surge in value in the coming months regardless what the company does. AAU could be run by the abominable snowman and still do well. All Kerim has to do is stake ownership on a decent deposit and this is what he is doing. Have a look at the latest trend in miners and their share prices. It seems that those with poor economics are rising to the top of the stack. So all we have to do is wait to be "discovered". |
Posted at 25/4/2024 11:48 by plasybryn This is share price Angel this morning.Ariana Resources (AAU LN) 2.7p, Mkt Cap £32.4m – Rockover merger brings in 1.3moz Dokwe gold deposit in Zimbabwe Ariana Resources confirms that it has reached a conditional agreement for a merger with Rockover Holdings which owns the 1.3moz Dokwe gold project in Zimbabwe. The planned merger, through Ariana Resources’ wholly owned subsidiary, Asgard Metals, which currently owns 2.1% of Rockover, will be via shares “based on a merger ratio in the enlarged entity of 62.5% Ariana existing shareholders and 37.5% Rockover existing shareholders”. “Based on the merger ratio, Ariana would issue 687,817,998 new ordinary shares … to acquire the shares in Rockover not already owned”. Ariana Resources says that it expects the merger to “be implemented by 28 June 2024 … [and that it] … intends to seek a dual-listing on the Australian Securities Exchange ("ASX") to promote the opportunity to a broader range of potential investors”. The Dokwe North deposit “contains 1.21Moz in JORC 2012 … Measured, Indicated and Inferred Resources, including 0.8Moz in Proven and Probable Reserves; Dokwe Central contains 80,000oz in JORC 2004 Indicated and Inferred Resources … [and the company reports that a 2022 pre-feasibility study, currently being revised, shows] … a mine life of 13 years at a post-tax NPV10 of US$72 million and an IRR of 25% at a gold price of US$1,650/oz”. Conclusion: Ariana Resources’ all-share merger with Rockover Holdings is expected to be concluded by the end of June bringing in the 1.3moz Dokwe gold project in Zimbabwe. |
Posted at 16/4/2024 14:47 by backmarker Plenty of upside targets for PoG, so further progress for AAU share price is almost nailed on.But will we need to see a small fall back in PoG - say to 2300-2350 before it races off again?And would that imply a fall in AAU share price as well before it climbs higher? |
Posted at 16/4/2024 08:31 by jaynesdad I think dixi is talking a lot of sense. If there were price sensitive developments to report then an RNS would be issued. For once none of us can moan about the recent share price recovery. which at the best part of 100% increase from the local low is not simply due to Gold price rises. The latter is especially true because at low production costs the bottom line sensitivity to PoG is not as marked as with high cost producers. If there is some positive news to release then surely it would be better release as/when the share price threatens to sink back again? |
Posted at 02/4/2024 18:41 by kaos3 nothing new AAU chartworm going into same direction bodgit - same here in my other shares divis at 10 pc got me 40 pc capital back in 4 years since i am invested in AAU. plus i got capital accumulation as not all profits were distributed. when worms goes north out of the channel i will be adding gold and aau share price are not correlated imho. and there must be a reason for it..... which is strange as aau is a PRODUCING gold miner. so - correct me if i read chart wrong gold up 20 pc aau down 50 pc in the same period but wtfdik and i am in the club - great.... i will be buying more cheaper. meaning ... good it gets cheaper - is it not .... an opportunity if any |
Posted at 01/4/2024 16:50 by xow98 konil, as CEO he has the responsibility to promote the company by issuing sensible production forecasts, not trying to be a hero when he outperforms reidculously low forecasts while shareholders watch the share price underperform for 11 months of the year.40k only gets us back to where we were at the end of 2019, ie. 9.4k attributable oz, 14m GP and the 25m m cap. You could say we are already valued on 40k oz, so unless he forecasts greater than 40k the share price isn't going anywhere and if he forecasts less the share price should fall. |
Posted at 29/3/2024 11:38 by xow98 None of their investments have increased physical production to date and they don't market the company by providing meaningful production forecasts so the share price can't respond (the only action they have taken in the last 3 1/2 years that has affected production was reducing attributable production by selling down to 23.5%).Dividends aren't the only way. If they can show that reinvesting the profits when Tavsan comes online into buinesses that will grow production in the near-term AND they market it properly the share price will rise. I don't believe they currently have the skillset for the marketing, which should be the easiest part Dokwe, if it happens, will need funding, so that takes dividends out for the forseeable future if we wish to reach a meaningful holding, as will further investments into 100% owned Turkish prospects (how long are we going to wait?). |
Posted at 28/3/2024 12:26 by sharenotes No one is expecting hyperbole but because of the comfortable position Kerim now finds himself in, he may have forgotten what his ultimate responsibly is – the shareholders! Part of that responsibly is ensuring the share price reflects true value. Rather, a very conservative approach ensures that Kerim won’t be shaken from his comfort zone any time soon but, by doing so, shareholders have to put up with a very conservative share price. |
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