Keyword results: Cyprus

PREMIUM CONTENT

Caerus continues to head towards near term production with more positive drill and assay results - it remains a speculative buy

These days I’m generally not a fan of tiny natural resources companies and tend to avoid them as they rarely attract the positive sentiment and momentum that we have seen in the past, and most will never even come close to actually extracting anything from the ground.

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AAU
AAU

Ariana Resources – positive resource updates from Cyprus

Ariana Resources (AAU) has announced mineral resource updates for Kokkinoyia and Apliki in Cyprus, emphasising the former “contains a substantial tonnage of mineralised material across several domains beyond what was already understood from the historical work” and that it will now be looking into the potential to integrate a part of Kokkinoyia with the planned Apliki copper mine development project.

AAU
AAU

Ariana – Oh No: Not More Good News!

AIM-listed Gold (and Silver) producer in Turkey, Ariana Resources (AAU), has had a wonderful summer in terms of its Gold exploration activities with a stack of very promising drill results from across its portfolio which suggest good news to come next year. Gold and Gold stocks may have had a torrid time, but on the exploration front Ariana hasn’t been able to disappoint and this morning saw yet more good news from investee Venus Minerals in Cyprus.

AAU
AAU
PREMIUM CONTENT

Ariana – Cyprus News from Venus

AIM-listed Gold producer in Turkey, Ariana Resources (AAU), has announced news from Venus Minerals, in which it is has a 37.5% stake rising to 50% later this year, regarding drilling results from Kokkinoyia in Cyprus.

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AAU
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Ariana – More Drilling Results, This Time From Arzu Central: BUY, I will almost certainly be doing so

Drat and double drat. There I was yesterday thinking that shares in AIM-listed Gold (and Silver) producer in Turkey Ariana Resources (AAU) were incredibly cheap at 4.4p and contemplating another purchase – but then other things got in the way and I didn’t add to my over-sized holding. And so today we got another round of drilling results, this time from Arzu Central,  and the stock is up 6% to 4.65p. Somebody obviously likes the news…..

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AAU
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Ariana – Special Dividend Announced (hooray!) Where now for the shares?

AIM-listed Gold producer in Turkey, Ariana (AAU), has done very well over the past couple of years and shareholders now find themselves on the cusp of a decent payday. The long-awaited Special Dividend has been announced – in three tranches – for a total of 0.7p per share (as long-predicted on these pages), with the first payment of 0.35p per share due during Q3 and the balance during the coming year. Hooray and double hooray: it has taken some time, but CEO Kerim Sener has delivered. So where now for the shares?

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AAU

Ariana Resources – Cyprus drilling results add to exploration potential, Buy

Ariana Resources (AAU) has announced drilling results obtained from the Kokkinoyia sector of the Magellan project in Cyprus, emphasising “the average grade across the whole length of the mineralised zone in this first hole demonstrates economically significant levels of copper and gold accumulation”. This is particularly good news as the current Kokkinoyia JORC Resource Estimate is just for copper – c.5Mt at 0.7% Cu for 36,000t Cu (‘Inferred’).

AAU
AAU

Ariana – More Drilling Results, This Time From Cyprus

Yesterday saw more good news from AIM-listed Gold-producer in Turkey Ariana Resources (AAU) in the form of another round of drilling results, this time from Cyprus.

AAU
AAU
PREMIUM CONTENT

Ariana – Thinking through the ifs and buts of a sum-of-the-parts valuation

With the price of the yellow metal showing an improvement, having risen by the best part of $150 per oz since the March double bottom to reach $1831 at Friday’s close, the renewed enthusiasm has been reflected generally in gold stocks. And that includes AIM-listed Ariana Resources (AAU) which is now riding high at 5.2p. But my target is 7.5p.

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Recently listed Caerus Mineral Resources can make rapid progress following its deal with Jubilee Metals

Around six weeks ago I covered the IPO of a small mining company called Caerus Mineral Resources (CMRS) and noted that it looked interesting for anyone who liked these small, speculative type of plays.

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AAU
AAU
PREMIUM CONTENT

Ariana – Arzu North Drilling Results: Great Stuff, keep buying!

AIM-listed Gold-miner in Turkey Ariana Resources (AAU) has announced drilling results from the Arzu North area which is currently feeding the producing Kiziltepe mine owned by the three-way joint venture (alongside Proccea and Ozaltin) and the numbers look pretty good.

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AAU
AAU
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Ariana – Ozaltin deal completes. Now, what to do with £25 million (that's alot of Ouzo...)

AIM-listed gold producer in Turkey Ariana Resources (AAU) has announced completion of the corporate action bringing Ozaltin into its joint venture with Proccea, under which Ariana has reduced its ownership to 23.5% of its assets at and around its producing Kiziltepe plant and at Salinbas in Eastern Turkey in return for $37.75 million. It has taken over a year, but finally we are there. So what will Ariana spend the resulting £25 million on?

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AAU
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Ariana Resources – production results and development and exploration advancing, Buy...

Ariana Resources (AAU) has announced full-year 2020 production results and updated on progress as it advances development and exploration activities…

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AAU
PREMIUM CONTENT

Ariana – Watch out for January Sales on Monday!

Some time in the next week or so we should hear from AIM-listed Ariana (AAU) with another quarterly report from the Kiziltepe gold production plant in Turkey. Ordinarily I would suggest that it will come next week, but given the amount that is going on – especially with regard to the partial sale of assets to Ozaltin – Kerim Sener and his team might be forgiven if it takes a little longer. But with the stock having closed at just 5.05p in the middle on Friday, what news might we expect?

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AAU
AAU
PREMIUM CONTENT

Ariana Resources – Ozaltin deal confirmed, special dividend on the way. Buy...

Ariana Resources (AAU) has announced the completion of conditional agreements on its joint venture and additional resources estimated for the Magellan project. The latter is the small copper gold play in Cyprus and that does not float our boat but the former is massive news, though not unexpected…

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AAU
PREMIUM CONTENT

Ariana – Q1 production numbers: seem bad but are actually very good

Following my small top-slice call yesterday, AIM-listed gold producer in Turkey Ariana (AAU) duly served up news this morning. Oh no, I thought, had I jumped the gun too quickly and it had announced the proposed corporate action was proceeding? No: it was Q1 production umbers. Phew! My screen showed a 10% drop in the share price too – obviously the market didn’t like the numbers. But on reflection……

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Crime-Scene
PREMIUM CONTENT

West Ham sponsor Basset and Gold – the huge scale of the losses to mini bond investors revealed

In my dynamte expose of 2 April 2019, I published my first note on mini bond charlatans Basset and Gold Plc based on the accounts for the year ended 30 September 2017 warning of the risks associated with this mini bond lender. Yesterday it went bust with West Ham supporters the main victims, the club ignoring my warnings as it greedily took Basset's cash. So how much have my fellow supporters lost? This will shock you.

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AAU
PREMIUM CONTENT

Ariana – due diligence underway, shares up: still targeting 4p

Turkish gold miner Ariana (AAU) has announced that due diligence on its proposed deal to sell off chunks of its Salinbas and Kizitepe/Red Rabbit gold projects for $30 million is underway. With a target of the end of February to complete the deal, time is tight and this morning’s news is very welcome.

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CHF
CHF
PREMIUM CONTENT

Doc Holiday is ‘avin’ a Turkish with Chesterfield Resources

My pal, Liverpool’s top share blogger, Doc Holiday calls many shares correctly but his latest twitter call on Standard listed Chesterfield Resources (CHF), below, is bonkers. He is ‘avin’ a Turkish when he claims that the shares, now 3p-3.5p could be trading at 15-20p. Let me explain…

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CHF

Chesterfield Resources – Worthless POS talks bollocks, quick translation service

I have warned several times that Standard Listed Chesterfield Resources (CHF) is a worthless POS. Put simply the Troodos mountains in Cyprus contains copper but not of sufficient grades and size to effect a commercial mining operation. And so today it has issued a ramptastic RNS which is utter bollocks and in that vein  my translation of this nonsense is in bold.

Bobby-Moore

After London & Capital Finance, another mini-bond I'm nervous about - promoted by West Ham

After the collapse of the London & Capital Finance ponzi, I wonder about some of the other high yield mini bonds being pushed to investors. And thus my attention is drawn to Basset & Gold PLC whose products are being promoted by my beloved West Ham United and some of its players.

PREMIUM CONTENT

Optibiotix - not blockbuster news, but good…patience my friends

Optibiotix (OPTI) boss Steve O’Hara has dusted down his Adam Reynolds keyboard for another RNS which the market seems, unwisely to ignore. But we, the faithful shareholders, will be rewarded for our patience with something far more stirring and we shouldn’t be waiting very long at all...

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ShareProphets Share Tips of the year Number 22 - sell Plus 500 says Lucian Miers

Lucian is still on his grand tour of Eastern Europe but before he left he told me his two sell tips of the year for 2017. The first, natch, was Cloudtag (CTAG) HERE. The second, at 384.5p, is Plus 500 (PLUS).

CFD firms whacked as Britain's FCA follows European lead and clamps down

I do not use CFD's. They seem like a mugs game and indeed research by the FCA shows that 82% of clients of the big providers lose money. But then most folks lose on the horses or on betting on football so why target CFDs? It is all driven by MiFD2. We saw this take shape in Cyprus last week although Plus500 denied that it would be affected in a pathetic rebuttal to my scoop. That rebuttal was bollocks and Plus shares are among the big fallers today as the FCA has weighed in with a series of measures.

UPDATED: Plus500 - problems ahead in Cyprus? A compelling short

I am back in the Hellenic Republic once again and it appears that there may be a few problems ahead for AIM listed Plus 500 (PLUS) in the Greek speaking world. A contact flags up developments in Cyprus where - as you can see in the attached document - Plus does much of its business.

Plus 500 : Storm Clouds on the Horizon

The weakness in Plus 500’s (PLUS) share price in the last couple of days which has seen it fall a pound from 666p is probably explained by the excellent Times of Israel investigative piece on binary options which appeared on Thursday.

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