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Ariana Resources – Dokwe project updated pre-feasibility study further highlights this acquisition’s HUGE potential: BUY
Ariana Resources (AAU) last month announced an all share acquisition, equating to £19.4 million on the announcement, for company which owns the Dokwe gold project in Zimbabwe – Rockover Holdings Limited. We noted clear upside potential including with a gold price above $2,300 per ounce and concluded ‘a cracking deal’ though the shares were down to a 2.3p offer price in response. That’s now already 2.7p following a “Dokwe Gold Project Revised Pre-Feasibility Study” announcement, which includes;