Results

Ariana – another cracking set of numbers from Kiziltepe

Published 5 days ago

AIM-listed Turkish gold producer Ariana has offered up the latest full production numbers for its Kiziltepe joint venture. As I had expected, costs were up a little due to the Turkish Lira strengthening, but the gold price had a good quarter (sadly not sustained…..) so income was up.

Ariana – more positive news as we wait for more numbers

Published 11 days ago

AIM-listed Turkish gold-play Ariana Resources (AAU) has updated the market on its Salinbas exploration target and forestry permits this morning. Coinciding with a bit of a China-USA spat spike in the price of the yellow stuff, Ariana’s shares have reacted positively and I suspect there is still more short term upside as we await the full production numbers from Q1 which are due any day.

Ariana – quarterly production figures

Published 40 days ago

AIM-listed gold-miner in Turkey, Ariana Resources (AAU), released its latest quarterly production figures from its Kiziltepe joint venture this morning. Last year the numbers were 4,866 oz against a target for the year of 20,000 oz and the company went on to deliver 27,110 ounces. Now a year later, and with all the start-up bits and pieces worked out some time ago, Ariana has delivered 7,296 oz of gold for the first quarter of this year. Great stuff!

Visiting the Global Group UK Investor Show and catching up with Ariana

Published 56 days ago

What a day out that was! The Wray family may be running the investor show now, but the sparkle was still there – even if I missed the acid wit of Tom Winnifrith. But it was great to catch up with the other writers at ShareProphets and in particular it was good to call in at two stands – those of Ariana Resources (AAU) and Sosandar (SOS).

Ariana – cracking 2019 production guidance

Published 75 days ago

Last year AIM-listed Ariana (AAU) offered up production guidance of 20,000 ounces of gold – and delivered 27,110 ounces. Talk about under-promising and over-delivering. This morning Ariana offered guidance of 25,000 oz of gold. Under the same maths, that suggests we could see as much as (almost) 34,000 ounces. Of course, we shall have to wait and see what the real figures are, but with the end of Q1 less than three weeks away we shouldn’t have to wait long.

Ariana – Q4 numbers for Kiziltepe read very well

Published 93 days ago

I called time to sell some Ariana (AAU) last week but was convinced of further upside and thus while I wanted to sell some, I was definitely hanging on to the majority of my shares. This morning – perhaps a little later than I had expected - Ariana filled in the details of Q4 gold and silver production from its joint venture plant at Kiziltepe. There was no need for any anxiety over the news: it was very good and this is turning into a habit. Long may that continue!

Ariana: cracking news, 2p mark hit - time to take a few profits (but leave some on the table - 2.5p next stop)

Published 103 days ago

My buy tip for 2019 - AIM-listed Ariana Resources (AAU) – has made the 2p to sell target price: time to take some profits, then - and where’s the ouzo? This is on the back of cracking news of a £3.8 million return of capital to the parent. The implications are that Kiziltepe is throwing off plenty of cash – way more than had been previously disclosed.

Looking forward to Ariana’s Q4 numbers at Kiziltepe

Published 111 days ago

AIM-listed Ariana Resources (AAU) told us on 14 January, as it reported Q4 and full year production from its joint venture gold plant at Kiziltepe in Turkey, that it would release full results for the period by early February and I’m really looking forward to that...

Ariana Resources – share buy-back error, BUT…

Published 116 days ago

Kizilcukur development update, including that “bulk sampling results demonstrate that the Kizilcukur deposit has the capacity to act as a source of high-grade satellite feed to the Kiziltepe processing plant”, and “Share Buy-Back: Update” announcements from Ariana Resources (AAU)...

Ariana – Directors step in to mop up the buy-back fiasco: still a strong hold

Published 120 days ago

AIM-listed Ariana Resources (AAU) announced a series of director share purchases which, as promised, mops up most of the share buy-back shambles earlier this week. This is good: the shares are in strong hands and shows that the directors have faith. It also shows that they are doing their best to make amends out of their own pockets.

Tom Winnifrith Bearcast: Luke Johnson is THE acceptable face of capitalism, Frontera (which is not), 1 day to go

Published 123 days ago

How I suffer for you dear listeners. All is explained. Then there is a long discussion on the administration of Patisserie Holdings (CAKE). I move on with a few more words on The Escape Group (ESC) which I covered HERE and then look at Eve Sleep (EVE) and the folly of Neil Woodford, Scancell (SCLP), Anglesey Mining (AYM), Ariana (AAU), Bluebird Merchant Ventures (BMV), Chesterfield (CHF) and Metro Bank (MTRO). Finally it is one day to ouzo time (again) on Frontera Resources (FRR).

Ariana – buyback whoopsie at 4.29pm, but a minor issue - blame Roland "fatty" Cornish. Strong hold.

Published 124 days ago

Oh dear. AIM-listed Ariana Resources has announced that the share buyback previously announced on 16 January 2019 – and which occurred on 4 January – when the company bought back 4.5 million shares into treasury was not allowed as the company didn’t have the distributable reserves available on the balance sheet. Red faces all round, but this is not a major issue.

Ariana – the good news continues with developments at Kizilcukur

Published 125 days ago

AIM-listed Ariana Resources (AAU), one of my tips for 2019, has been on a bit of a roll so far this year. It has been helped by the weakness of the Turkish Lira and a bit of strength in the price of gold, but recent news of gold and silver production from its Joint Venture processing plant at Kiziltepe has helped too, as has a share buy-back. This morning Ariana offered an update on its wholly-owned Kizilcukur project.

Tom Winnifrith Bullcast - reviewing my own portfolio

Published 125 days ago

The regvular bearcast will appear later. In this podcast I cover Optibiotix (OPTI), Yourgene (YGEN), Wishbone (WSBN), Falanx (FLX), Concepta (CPT), Big Sofa (BST), Red Rock Resources (RRR), Reach4Entertainment (R4E), Obtala (OBT), Ariana (AAU), Wandisco (WAND), Fox Marble (FOX), Argo Blockchain (aaaaaaaaaaaaaaaaaaaaaaagh) and Kefi (KEFI)

Ariana Resources – further positive production update & a buyback, shares starting to respond

Published 127 days ago

A production update from Ariana Resources (AAU) emphasising “gold production exceeds 2018 guidance by 36%”…not bad but there is better news still

Tom Winnifrith Bearcast: If First Derivatives only wants questions about how big its CEO's cock is I have a nasty surprise for it

Published 128 days ago

In today's podcast I have some bad news for Bath Spa as the Mrs prepares to head to the Grim North relating to what happened after I gave this talk. I also have bad news for First Derivatives (FDP) as it prepares for a "Capital markets Day" session of mutual masturbation with the dumb sell side analysts and even dimmer fund managers who have stuffed other folks cash into this stock. I cover Totally (TLY), Wishbone (WSBN), Ariana (AAU), Quadrise Fuels (QFI) and Richoux (RIC) 

Ariana – surprises with share buy-back - shows how cheap the shares are

Published 130 days ago

AIM-listed Ariana Resources (AAU) has rather surprised with an announcement that it bought back 4.5 million shares to place into treasury. The message from this is pretty clear!

Ariana – cracking numbers right on cue

Published 132 days ago

AIM-listed Ariana Resources (AAU) released Q4 gold production numbers this morning – exactly as predicted HERE yesterday. Even better the numbers were pretty much in line and the shares have responded higher – not quite a bottle of ouzo yet, but it looks to be well on the way.

Ariana – will production report see a lift to the share price? I hope so!

Published 133 days ago

Judging by the form of my buy tip for 2019 AIM-listed Ariana Resources over the past nine months, we should see the latest production numbers from its Kiziltetepe joint venture gold plant in Turkey this week. Numbers for the first three quarters have already blown the company’s annual production forecast of 20,000 oz of gold out of the water, having reached almost that figure in nine months. Meanwhile shares in Ariana have had a good run of late, moving up from a low point of almost 1.1p in October to the current 1.575p, putting the company on a market capitalisation of £16.7 million.

Ariana Resources – new drilling programme to commence imminently, shares starting to respond - KEEP BUYING

Published 161 days ago

Ariana Resources (AAU) has updated that a drilling programme is to commence imminently at Kizilcukur, “with the objective of defining a high-grade zone amenable to open-pit mining”

Ariana – Kizilcukur news & (for “nice” reasons) a stance downgrade

Published 164 days ago

It has been a long time coming, but yesterday shares in AIM-listed gold producer Ariana (AAU) finally hit 1.6p, a price I was happy to buy up to. This latest rise was on the back of news from the company’s Kizilcukur project - 22km from the Kiziltepe processing plant - that a drilling programme is about to start...

Ariana – should we be cynical? I think not…

Published 177 days ago

AIM-listed Turkish gold producer Ariana (AAU) has seen its share price move a fair bit over the past few days. The shares have been bumping along the bottom at around 1.25p for a while and even dropped to almost 1.1p last month. Now, with a very positive update from its Kiziltepe plant at the Red Rabbit project in Eastern Turkey (and terrific looking financials), a positive (house) Broker note, exploration news and an investor evening in the last few days, the shares are up at a much healthier-looking (roughly) 1.425p, if a tad volatile (they’ve been up to 1.525p and down to 1.375p today). So should we be cynical and expect a placing?

Ariana Resources – follows positive production results with positive exploration results. Buy

Published 177 days ago

Ariana Resources (AAU) has emphasised “excellent exploration results” at its wholly-owned Salinbas project, with it “confident that the testing of some of these targets with drilling will lead to the identification and definition of further resources within the project area”

Ariana – more exploration results from Salinbas, still a buy

Published 178 days ago

Turkish gold miner, AIM-listed Ariana Resources (AAU) has offered up an update on its exploration at the Salinbas gold project in Eastern Turkey this morning. My view has been unchanged, that the Kiziltepe plant was the reason to hold the shares but that Salinbas  - already with a resource inventory of c. 1 million ounces of gold-equivalent – was an interesting speculative bonus. This morning’s news adds to the interest. Eventually, I hope, it will be proved up as a commercial project and add good value.

Turkish gold miner Ariana at 1.4p worth 2.82p – Panmure Gordon

Published 178 days ago

Panmure Gordon is house broker to AIM-listed Turkish gold miner Ariana Resources (AAU) and is therefore not impartial – so you can takes its latest musings on Ariana with a pinch of salt if you wish. However, with the shares at 1.4p Panmure has upped its price target from 2.75p to 2.82p in the wake of Ariana’s Q3 numbers. Naturally, with a boat-load of this stock myself (so I'm not impartial either) and a target of at least 2p, I think Panmure are complete geniuses...

Ariana Resources – directors buy further shares & company events

Published 191 days ago

Following positive Kiziltepe quarterly results earlier this week, now “Director/PDMR Shareholding” and “Corporate Events” announcements from Ariana Resources (AAU)…

Ariana Resources – positive Kiziltepe quarterly results, remains a buy

Published 193 days ago

Ariana Resources (AAU) has updated on quarterly operations from its 50% owned Kiziltepe mine, including “we are now well on track to exceed our production guidance for the year”

Ariana – Q3 results from Kiziltepe: still a buy as big cashflow edges closer

Published 195 days ago

Last month we had the Q3 preliminary report from Kiziltepe and this morning AIM-listed Turkish gold producer and explorer Ariana (AAU) offered up fuller numbers on operations at Kiziltepe where Ariana has a half-share in the gold production for the Red Rabbit project in Turkey. We already knew they’d had a blow-out of a quarter (see HERE) but the numbers show just how well it is going.

Ariana Resources – follows smashing production guidance with positive exploration news, still a buy

Published 219 days ago

Early this week we wrote positively on Q3 preliminary production results from Ariana Resources (AAU), concluding that the current production potential and clear exploration potential together with a now rising gold price made it look like a nil brainer at the then 1.25p offer price. Now an “Excellent results from Salinbas” announcement…

Ariana – more exploration results from Salinbas: still a buy

Published 221 days ago

AIM-listed Turkish gold miner Ariana (AAU) has this morning updated the market on exploration from Salinbas – part of the Hot Gold Corridor in Eastern Turkey. Having reaffirmed my view that this stock is a buy based on production news the other side of the country, it is pleasing to see share shares respond even if it is this morning’s news which did the trick, rather than my devilish analysis! The shares, having been 1.25p to buy, are now 1.45p to buy...

Ariana Resources – Q3 preliminary production results suggest set to smash guidance, Buy

Published 221 days ago

Ariana Resources (AAU) has announced preliminary Q3 production results showing another quarterly record and including “our production guidance for the year is now likely to be exceeded by some margin”

Ariana Resources – gold production hits a new high: BUY

Published 222 days ago

AIM-listed Turkish gold miner Ariana Resources (AAU) has again announced record gold production from its joint-venture Kiziltepe plant, part of the Red Rabbit project, during its third quarter this year. Production is up to 7,588 ounces of gold (plus 70,346 oz of silver) for Q3 to bring the total for the year so far to 19,625 oz – as against the guidance of 20,000 oz for the full year. Way to go! If they keep that up, the total for the year will be in excess of 27,000 oz – a classic case of underpromising and overdelivering.

Ariana Resources – with production & exploration advancing, remains a buy

Published 233 days ago

Ariana Resources (AAU) has announced results for the first half of 2018, including emphasising “production for the year is expected to exceed initial expectations in the second half” and “we are now in the process of committing to a 4,000m RC and diamond drilling programme across certain projects during the remaining 2018 through to 2019 period”

Ariana – interims show continued improvement: BUY

Published 239 days ago

AIM-listed gold miner Ariana (AAU) left it until deadline day to produce its interims results (boo, hiss) but the numbers and statement offer plenty to cheer shareholders. For starters, the joint venture gold plant at Kizitepe clocked up £1.1 million of profits for Ariana in the six months to June, which compares well to the £1.8 million for the whole of 2017, and gold production for the half-year (annual target 20,000 oz) came in at over 12,000 oz and a statement that second half production is expected to exceed initial expectations. So far, so good. Of course, profit is a matter of opinion….let’s look at the balance sheet and cashflow.

Ariana Resources – exploration yields further upside potential, still a buy

Published 249 days ago

Ariana Resources (AAU) has announced that, having recently completed a soil sampling programme at its Ivrindi project, “seven new highly anomalous targets (exceeding 1,000ppm As) were identified within the Ivrindi tenement. Five of the newly identified targets are semi-contiguous over 1.3km and directly along strike of the main mineralised structure at the Kinik prospect, suggesting that the mineralisation continues east of the historic easternmost drill hole”…

Ariana – weak gold, Turkey problems but still a buy

Published 272 days ago

AIM-listed Turkish gold producer Ariana (AAU) released the quarterly update of its Red Rabbit joint-venture at Kiziltepe a week and a half ago. We had already been told that gold production had shot the lights out, but the update filled in the detail and it was all good. Meanwhile the gold price has been sliding and Turkey is in some considerable bother which is not good. But on balance I reckon the shares are still a buy.  

Ariana Resources – cash flowing from Kiziltepe, a Buy

Published 280 days ago

Ariana Resources (AAU) has updated on performance from the Kiziltepe mine joint venture, emphasising “strong operational cash flow and “we remain fully on track to deliver on our production guidance for the year”

Ariana – Does Turkish Lira crisis means stance is downgraded? Er, NO!

Published 285 days ago

I have been an avid supporter of AIM-listed gold miner Ariana Resources (AAU) for a long time and have been advocating buying the shares since recommending them last February, as production approached. I like the company, I like head-hocho Kerim Sener who is, in my view, an exception on AIM in that he is straight and I think the news from the company’s joint venture mine at Kiziltepe has been exemplary. In particular, in the wake of the production update last month for Q2, I had been looking forward with some considerable excitement to the full results of that period. But we have a crisis in Turkey: is it a concern?

Ariana Resources – Q2 production smashes expectations, more share price upside

Published 317 days ago

Ariana Resources (AAU) has announced quarter ended 30th June preliminary production results from its Kiziltepe joint venture, including the company’s Managing Director Kerim Sener emphasising “the results of the past quarter are our best to date, outperforming overall quarterly feasibility-study expectations by 92%”

Ariana – cracking update from Kiziltepe: buy

Published 319 days ago

AIM-listed Turkish gold producer and explorer Ariana Resources (AAU) announced its second quarter production numbers from its JV Kiziltepe mine this morning, and the numbers blew me away. With an annual target of 20,000 oz of gold production, it achieved 7,171 oz – a 47% increase quarter on quarter.

Ariana Resources – Salinbas JORC exploration target potential - BUY

Published 331 days ago

Ariana Resources (AAU) says that it “is pleased to announce a Joint Ore Reserves Committee Exploration Target for its Salinbas gold project… of up to 2.7Moz gold and 16.1Moz silver established in the Salinbas area, excluding current JORC Indicated and Inferred Resources of c.1Moz gold”. So what is such an ‘exploration target’ and what does it mean here?

Ariana Resources – positive Kizilcukur project update, remains a buy

Published 344 days ago

Ariana Resources (AAU) has announced latest work at its 100% owned Kizilcukur project “continues to highlight the potential for the project to become a satellite source of ore for the Kiziltepe mine”

Ariana – Kizilcukur news, still a buy

Published 346 days ago

AIM-listed Turkish gold play Ariana (AAU) has announced news of work at Kizilcukur, its wholly owned gold prospect 22km (but 50km by road) from its JV Kiziltepe mine. It is all very encouraging, if relatively minor.

Ariana – results: Good work, keep it up

Published 356 days ago

AIM-listed Turkish gold miner Ariana (AAU) has posted its FY17 results. As promised, there are some details of the Kiziltepe joint venture, the results got a clean audit (as opposed to last year which raised the need for more funding) and Ariana has offered the clearest indication yet of an end to dilutive placings. Overall, it makes a pretty happy read.

Ariana – resource upgrade at Kepez, still a buy

Published 359 days ago

AIM-listed Turkish gold miner Ariana (AAU) yesterday announced a resource upgrade at its Kepez prospect, which forms part of the Red Rabbit joint venture which is producing gold from its Kiziltepe mine. 

Ariana Resources - increased production and sales, self-financing ahoy - BUY

Published 380 days ago

Ariana Resources (AAU) has announced increased production and sales and that “due to the strong operational cash flow from Kiziltepe, we have been receiving intercompany loan repayments from the JV”

Ariana – Q1 Kiziltepe quarterly report; still a buy

Published 382 days ago

AIM-listed Ariana Resources (AAU) released its quarterly report this morning for its joint venture mine at Kiziltepe in western Turkey. On the face of it the numbers were again good, although we had prior warning of that back on 16 April when the company released a preliminary production report for Q1. Today’s report fleshed that out a little.

UK Investor Show 2018 Video: Kerim Sener of Ariana Resources

Published 394 days ago

Kerim Sener is the founder and CEO of AIM listed gold producer and explorer Ariana Resources (AAU). He is one of the nicest and most honest guys on the market and I think Ariana shares are cheap. To see what he had to say at the UK Investor Show 2018 watch the video below. Enjoy!

A day at UK Investor and my pick from the show

Published 398 days ago

I went with a shopping list of companies I wanted to speak to, and to find something which might prove a worthwhile investment – that, alongside chairing one session, a cameo appearance in another, a meeting with the Global Shorting Conspiracy and a bit of time on the ShareProphets stand. My marks out of ten were about 6 or 7 – I didn’t get to see all the companies I wanted to but I think I gleaned some useful information. And I have my tip – although it is not a widows and orphans pick!

Ariana – gold production update, still a buy - do the maths!

Published 405 days ago

AIM-listed Ariana Resources (AAU) served up a gold production update for its first quarter of 2018 (to the end of March). This is not the quarterly report for the period, which we are told is due in early May, so it is a little light on details but the production news is excellent.

Looking forward to the UK Investor Show – my shopping list

Published 406 days ago

Less than a week to go to the UK Investor Show and it promises to be far and away the best yet. If you’ve not booked a ticket you’d better hurry up – they are running out fast. Lob in the promo code SP10 and you’ll get a freebie investor class ticket  – you can’t say fairer than that! Looking down the list of companies present, I have already compiled a list of who I want to see and also what I am doing on the day.

Ariana – Tavsan resource update

Published 412 days ago

AIM-listed Ariana Resources (AAU) has offered an update on its gold resource at Tavsan, part of the Red Rabbit joint venture in Turkey which also includes the already producing Kiziltepe mine. There is plenty of good news.

Ariana Resources - cracking update shares unmoved...they will

Published 436 days ago

Under promise and over deliver is what every adviser tells every company listing on AIM. One might say that Ariana (AAU) has not kept to that script with perfection since it listed all those years ago back in the black and white era. But as we move though 2018 with the 50% owned Red Rabbit mine now operational Ariana is doing what it should as we saw in a cracking operational update this week.

Ariana – production guidance: good news

Published 439 days ago

AIM-listed Ariana Resources has released production guidance at its JV operation at Kiziltepe in Turkey for 2018. The big headline is that the forecast gold production has been upped to 20,000 oz, but there are a few more interesting nuggets to be found.

Ariana Resources - company chat

Published 461 days ago

Following a company chat with Ariana Resources (AAU), I thought I would report back on a few things which came up...

Ariana – Kiziltepe update: good news, buy

Published 479 days ago

AIM-listed Ariana Resources (AAU) has delivered its Q4 update from its joint-venture Kiziltepe gold mine in Turkey. The news looks to me to be very good on several fronts.

Ariana – making some noise, still a buy

Published 498 days ago

There has been a fair amount of noise coming out of AIM-listed Ariana (AAU) lately. The back end of last year saw news from its self-styled Hot Gold Corridor and now the focus seems to be raising the flag for its Kiziltepe site, which has been in production for 9 months or so – and we are due the next quarterly report from that in the next week or two. Meanwhile the gold price has been strong of late, and Ariana’s share price has benefitted – although there is a way to go to get to the target of 2p.

Ariana Resources – further exploration success & cash-flow to support more

Published 534 days ago

Previously writing on Ariana Resources (AAU) last month it was latest exploration initial results see it “very excited”… and more to come. Now we have a Further Gold Discovery at Salinbas announcement…

Ariana Resources – latest exploration initial results see it “very excited”... and more to come

Published 557 days ago

Ariana Resources (AAU) has announced the completion of recent exploration across the ‘Hot Gold Corridor’ and within its 1 million ounce Salinbas gold project – and its “exploration team are very excited by these results”...

Buy Ariana at 1.3p - target 2.78p

Published 570 days ago

Maybe the target is a but on the full side but this is the house broker Beaufort talking so it is clearly not impartial. Its mining analyst, Sheldon, is a sensible fellow and the nine page report on Ariana Resources (AAU) is comprehensive. Just to keep Nigel Somerville happy...

Ariana Resources - an emerging gold production Buy

Published 578 days ago

Shares in Ariana Resources (AAU) have briefly exceeded 2p earlier this year, but are currently back below 1.5p despite a seemingly positive outlook for precious metals and a 50:50 joint venture in Turkey now an emerging producer - this week having already seen a production update from the company...

Buy Ariana Resources at 1.5p and at up to 1.55p with a target to sell of 2p+

Published 599 days ago

Declaration: We have tipped Ariana Resources (AAU)  before, helping our readers to bank offer to bid gains of 72% in one year. This time we are looking for a far more rapid re-rating. Our readers at HotStockRockets enjoyed this tip at a 1.45p offer but the shares - at a 1.5p offer are still a buy. Here's why....

COMPETITION - Interim Results deadline tomorrow, how many dismal showings?

Published 605 days ago

We know how much you all like a good competition - especially when there is no prize whatsoever! So with deadline day tomorrow for interims - and a good few still being worked on it seems - how many disappointments will we get by the close of the RNS system tomorrow night?

Gold and Silver moving north: Ariana taking comfort as it announces initial Hot Gold Corridor exploration

Published 625 days ago

AIM-listed Ariana (AAU) has announced completion of an initial exploration at its Hot Gold Corridor  in north-eastern Turkey. Full marks for the name of the prospect! You can read the technical stuff of the RNS HERE, but essentially it sounds as though they think they’ve got some good readings for from copper, lead and zinc readings which leads them to expect to find gold and silver and targets which are already being generated from detailed mapping.

Ariana – gold price, production news and share price

Published 651 days ago

After my mea culpa of June 20th we have had further news. It has taken a bit of time to digest, but overall it looks positive to me, if rather laced with jam-tomorrow. With the share price finally off its low point of just 1.25p, let’s look through the detail.

Tom Winnifrith Bearcast: all Things Fraud and Fright-er-ful

Published 704 days ago

I am pretty much finished here in Greece as I explain in the podcast. And as such I start the journey home tomorrow to spend time in sun-drenched England with the Mrs, Joshua and - of course - Oakley, my utterly pampered three legged cat who is, I gather, now being given iced water to cope with the heat. In this podcast I look at Barclays (BARC), the SFO and the nature of fraud. I look at Thor Mining (THR) where events disgust me and at Ariana Resources (AAU) where I am dissapointed and less accepting than Nigel Somerville is.

Ariana – Placing/Subscription/Director Participation, £2m at 1.3p- did I goof?

Published 705 days ago

Well that solves that: a big placing and a very disappointing 1.3p price tag to boot. So what to do now? 

Ariana remains a buy after resource update

Published 752 days ago

I recently wrote a piece HERE expressing my surprise that the share price of Ariana Resources (AAU) had failed to react positively to good news, so it probably shouldn’t have come as a surprise that a decent update on its resource actually resulted in the share price closing slightly lower.

Video: Michael de Villiers, Executive Chairman of Ariana Resources, presents at UK Investor Show 2017

Published 765 days ago

In this video from the storming success that was the 2017 UK Investor Show, Michael de Villiers, Executive Chairman of Ariana Resources (AAU), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Ariana – tip update: production, rising gold, shares down. What?

Published 770 days ago

I suggested that AIM-listed gold (then) explorer and now producer was a buy a couple of months back as we awaited the commencement of production. At the time the spread was 1.7-1.85p per share and they duly headed north as the final bits of paper arrived and the first pour was announced, only for the shares to fall away again. Meanwhile the gold price has been a one-way ticket north. I’m very puzzled - what is going on? With humble apologies for the performance thus far…I still reckon it is a buy and here is why.

Video: Dragon's Den #4, featuring Big Sofa, Ariana Resources, BMR, Versarien and W Resources at UK Investor Show 2017

Published 771 days ago

In this video from the storming success that was the 2017 UK Investor Show, in the 'Dragon's Den' companies have a 60 second pitch to the Pizza Hardman Darren Atwater, Tom Winnifrith and Steve Moore for three £1,000 investments. This fourth round features Big Sofa (BST), Ariana Resources (AAU), BMR Group (BMR), Versarien (VRS) and W Resources (WRES).

Ariana – landmark first gold/silver pour at Kiziltepe

Published 791 days ago

AIM-listed gold and silver in Turkey play Ariana Resources (AAU) has announced the first gold/silver pour at its new joint venture Kiziltepe plant in Turkey. It has been a long road but this marks the moment when Ariana completes the transition from explorer to producer – cracking news for head honcho Kerim Sener and his team. So what now?

Ariana – more to come as we await final sign-off for production

Published 819 days ago

I marked out Turkey-base gold/silver soon-to-be producer AIM-listed Ariana (AAU) as a buy a couple of weeks back at 1.85p bid. Construction at the Kiziltepe facility was almost complete and the company had indicated that a weather window allowing the last bits to be finished had opened up. The RNS duly followed. Now we await word of technical sign-off of the tailing dam, Ministry sign-off and then a local government operations permit and it is all go.  Meanwhile we have had exploration news from Tavsan suggesting significant resource growth potential.

Ariana – company chat clearing up a few misunderstandings

Published 829 days ago

I said at the weekend that having several times met Kerim Sener, MD at AIM-listed Ariana Resources (AAU), I felt that he was the exception to prove Mark Twain’s rule. In recommending Ariana (1.85p on the offer at the time, so I’m happy to see the shares now on a spread of 2p -  2.15p) my view was that plant completion, production and therefore cashflow were imminent. We’ve had the completion RNS and we now await the paperwork to allow everything to roll. But who gets first dibs at the bunce?

Ariana – good news: construction complete. Now for paperwork….

Published 831 days ago

Great stuff this morning from AIM-listed Ariana (AAU). The last bits of work to get the mining plant at Kiziltepe were indeed completed during the 10-day window of improved weather as previously indicated by the company, and as I had speculated at the weekend. Red Rabbit is ready to roll - now it is down to the final paperwork trail and then it is all systems go. The transition from pie-in-the-sky explorer to gold/silver production and cash-flow is almost complete.

Ariana – a buy as we await that production RNS

Published 833 days ago

Ariana Resources (AAU) is on the cusp of announcing the commencement of gold and silver production from its Kiziltepe mine, part of the Red Rabbit project in Turkey. But for recent extreme weather conditions it would be there already, but the signs are that the big news of final completion and the move to production are imminent and I expect the shares to react positively when the RNS is finally released containing the word “production”.

Tom Winnifrith Bearcast: Explaining what a kitchen sink is - ref Cobham

Published 865 days ago

Oakley is about to be petrified as the working classes are arriving. He fears them greatly. He fears hoovers even more. But ahead of that I record quickly. Today I cover Darren's bogus religion of global warming and Ariana (AAU) - the market has this wrong - Cobham (COB) - what ia  kitchen sink - my dream St Valentine's Day massacre involving three listed companies which could all go bust on February 14. Please God! I also look at PCG Entertainment (PCGE) and its news today. Hats off to my friend comrade Richard Poulden. I also chide young Steve for not giving credit where credit is due to Majestic Wine (MJW) and have a few words about Aidan Earley. I thank him publicly on one matter although a lawyers letter has been received.

Tom Winnifrith Bearcast: Preparing for a bashing by my Guardian reading public sector funded family

Published 1005 days ago

My father berates me angrily for pointing out what greedy. lazy overpaid bastards the teachers are as we celebrate another bumper results day for the mickey mouse tests that are GCSE's. It will get worse when my Guardian reading sisters (Doctor & Social worker) arrive. Away from that I look at Molins (MLIN), African Potash (FRAUD), Strat Aero (JOKE), Ariana Resources (AAU) a good company and Arian Silver (AGQ) a dog with fleas. 

Tom Winnifrith Bearcast - looking back to 2001 and forward to 5PM today

Published 1038 days ago

I start by looking at the collapse of Crowdmix and how it so remoinds me of 2001 and what is says about the tech bubble, someting that is very much on my mind right now, as you can see HERE. Then I look forward to tomorrow in Shipston but more imprtantly to the demise, later today, of Worthington (WRN). I cover Ariana Resources (AAU) where I am cross and puzzled, Advanced Oncotherapy (AVO) - how is the placing going Belfort? - Weatherley (WTI) and Ferrum Crescent (FCR)

A new Reality TV show at the Greek Hovel: Lots of snakes & AIM CEOs having to do real work

Published 1069 days ago

Today I plunged into the wildest parts of the land at the Greek Hovel. In the far corner the olive trees are immersed in frigana, long grass and bushes. If I was a snake that is where I'd live. No question. Tentatively I plunged in to prune but I looked nervously around me every step of the way. There are some areas where the plants are just so dense that I don't dare head in. I will need to call fearless George the Albanian to "assist me" with those. Or maybe I tackle them in December when the snakes are hibernating? Anyhow, as I pruned I thought of all those AIM CEOs sitting at their desks in London, earning vast salaries for shuffling paper around.


Gold miners like Ariana should benefit from market turmoil

Published 1078 days ago

With plenty of turmoil in economies around the world, precious metals look set to show continued strength, particularly when it comes to gold.

Video: Dragons Den Session 4 from UK Investor: Ariana, ValiRx,Kibo & Jubilee Platinum

Published 1108 days ago

The fourth Dragon's Den session at UK Investor show saw myself (Tom Winnifrith), Brian Kinane and Steve Moore each invest £1,000 in shares. Our choice of where to invest was ValiRx (VAL), Jubilee Platinum (JLP), Kibo Mining (KIBO) or Ariana Resources (AAU). Enjoy.

Video: Kerim Sener of Ariana Resources at UK Investor Show

Published 1109 days ago

I believe shares in Ariana Resources (AAU) are cheap and am happy to hold. Indeed we bought more after the UK Investor show. See what you think as Kerim Sener presents.

Tom Winnifrith Bearcast 2nd May - why I like gold & why we own what we own

Published 1119 days ago

is this is a bullcast? We have 15% of our portfolio in gold becuase we are bearish about shares. Does that make sense? I discuss why you should own some physical gold and then why we own the shares we do, notably Petropavlovsk (POG), Ariana (AAU) and Wishbone (WSBN) but also much smaller amounts of Eurasia (EUA), Bluebird (BMV) and Armadale Capital (ACP)

Ariana Resources……..We Know it’s a Gold Mine But Did you Know It’s a Silver Mine?

Published 1122 days ago

HotStockRockets predicts a bright future for Ariana’Resources (AAU) share price, despite recently telling readers to take profits, the hot share tippers expect Ariana to reach 2p or thereabouts leading up to and around the time of Ariana’s first pour of production in the second half of this year. That is too cautious, perhaps why I know TW has not sold his personal holding!

Ariana Resources - great news but we are taking profits

Published 1125 days ago

Our site is about short term movements and so oddly - having tipped Ariana (AAU) at a 0.9p offer we advised banking gains at 1.55p to sell. An almost 70% offer to bid gain is not too shabby is it?

You want one gold stock to buy but what? Ten experts say it should be...

Published 1126 days ago

Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?

Ariana serves up more good news - we are getting there

Published 1136 days ago

Ariana Resources (AAU) has updated on an “increasingly active” rate of mine construction and its target for production in the second half of 2016.

BlueBird Merchant Ventures - first mining IPO for 8 months - we have a small flutter

Published 1138 days ago

I really hate backing IPOs. Many companies just struggle to adjust to life as a public company, it is like those cricketers who are great at proper cricket but just can't make the adjustment to the pyjama game. Whatever. We have had a small exposure (well not that small actually) today in Bluebird Merchant Ventures (BMV) - Bluebird Mining as was -  which is the first mining stock to make it to the London market in eight months.

Ariana - bullish update on Red Rabbit, shares starting to move - hang on

Published 1157 days ago

The patient are now being rewarded. Shares in Ariana Resources (AAU) are now 1.1p-1.25p so well up on our tip price but there is no rush to sell, this is only just starting to get going. There was news Thursday.

More good news from Ariana

Published 1164 days ago

Ariana Resources (AAU) has followed a recent announcement of a doubling of the resource estimate for its Kizilcukur project with news that a “recent drilling programme at Kepez West has confirmed the presence of a significant mineralised system”.

Ariana Resources at 0.95p worth 2.79p?

Published 1186 days ago

The research note making this suggestion comes from the house broker so treat it with a bucket of salt. Having said that, mining analyst Sheldon Modeland is no idiot and I also happen to think that shares in gold junior Ariana Resources (AAU) are cheap and thus in that vein (pun geddit?)

Ariana drilling results - getting there: buy

Published 1208 days ago

Ariana Resources (AAU) has announced drilling results supporting the potential for further mineralisation in the Arzu vein system of the Kiziltepe part of its Red Rabbit gold project joint venture and helping inform advanced scheduling before “open-pit mining currently planned to commence ahead of the summer”.

Ariana Resources drill news, good news

Published 1222 days ago

Ariana Resources (AAU) has announced drilling results “which demonstrate the potential of the Kizilcukur project to contain a resource that may become a higher-grade satellite operation to the Kiziltepe mine, which is in construction”

Zak Mir's Great Request Show: Ariana Resources, Devro, Redt Energy

Published 1228 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Ariana Resources (AAU), Devro (DVO) and Redt Energy (RED) setting share price targets for all three stocks.

Video: Ariana Resources presents at Gold & Bears - November 28 2015

Published 1262 days ago

And now it is my friend Kerim Sener of Ariana Resources (AAU) presenting at Gold & Bears. For what its worth I reckon that its shares are very cheap. Enjoy

Zak Mir's Bulletin Board Heroes: Ariana Resources, Aeorema Communications, Kuala Innovations, Mobile Streams, Sula Iron & Gold, West African Minerals

Published 1300 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Ariana Resources (AAU), Aeorema Communications (AEO), Kuala Innovations (KUL), Mobile Streams (MOS), Sula Iron & Gold (SULA) and West African Minerals (WAFM) and offer some share price targets.

Turkish Delight: Ariana Resources Impresses Visitors with latest FAM Trip

Published 1305 days ago

Ariana Resources (AAU), the soon to be gold producer, played host the other weekend to a group of investors, analysts and mining consultants, who made the journey to the Red Rabbit gold project, located nearby the town of Sındırgı, about a three hour drive north east of Izmir.

SP Angel Morning Mining Note: Amur Minerals, Ariana Resources, DiamondCorp, EMED Mining, Metminco, Mwana Africa & Rare Earth Minerals

Published 1362 days ago

John Meyer of SP Angel this morning comments on Amur Minerals (AMC), Ariana Resources (AAU), DiamondCorp (DCP), EMED Mining (EMED), Metminco (MNC), Mwana Africa (MWA) & Rare Earth Minerals (REM) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

Ariana prepares for production

Published 1371 days ago

Shares in AIM-quoted Turkish gold and copper play Ariana Resources (AAU) have come off the boil since the company won permission from the authorities to proceed with its 232,000-oz. Kizilktepe project in the west of the country. Ariana is choosing the final mining contractor for the project and is negotiating on plant components with local suppliers, having secured a $33 million (£21 million) construction facility from Turkish banking group Turkiye Finans Katalim Bankasi, but its long out-of-favour shares, having rallied from a barely visible 0.75p to 1.35p last month, have fallen back to a price of 0.9p.

SP Angel Morning Mining Note: Ariana Resources, Goldplat, Mwana Africa, Petropavlovsk and Shanta Gold

Published 1405 days ago

John Meyer of SP Angel this morning comments on Ariana Resources (AAU), Goldplat (GDP), Mwana Africa (MWA), Petropavlovsk (POG) and Shanta Gold (SHG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

SP Angel Morning Mining Note: Ariana Resources, Caledonia Mining, Medusa Mining, North River Resources and Vast Resources

Published 1419 days ago

John Meyer of SP Angel this morning comments on Ariana Resources (AAU), Caledonia Mining (CMCL), Medusa Mining (MML), North River Resources (NRRP) and Vast Resources (VAST) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

Zak Mir's Bulletin Board Heroes - Featuring Ariana Resources, Coms, Petropavlovsk, Tertiary Minerals

Published 1435 days ago

Featuring Ariana Resources (AAU), Coms (COMS), Petropavlovsk ([POG), Tertiary Minerals. (TYM)

Ariana beware of analysts - I expect my shares to almost treble!

Published 1447 days ago

It’s been a busy few days for Ariana Resources (AAU), the Anglo-Turkish gold mine developer. A certain mining analyst who has the hump with Ariana, recently upgraded his assessment of the company from “Sell” to “Hold” following the news last week that Ariana had received its forestry permit approval, paving the way for the company to make the transition from exploration to producer. Within 12 months all being well, Ariana will become Turkey’s next gold producer.

Zak Mir's Bulletin Board Heroes - Featuring Amur Minerals, Ariana Resources, Egdon Resources, Goldstone Resources

Published 1449 days ago

Featuring Amur Minerals (AMC), Ariana Resources (AAU), Egdon Resources (EDR), Goldstone Resources (GRL)

Ariana Forestry Permit Received - all systems go

Published 1451 days ago

Ariana Resources (AAU) has announced that it has received confirmation that the Prime Ministry in Turkey has formally approved its application for the Red Rabbit gold project and that the Department of Forestry & Water Affairs has approved permits subject to the payment of statutory fees.

Ariana poised to build mine - shares could rally further

Published 1453 days ago

Shares in long-term AIM dog Ariana Resources (AAU) have bounced strongly now that the company has finally received formal approval from the Turkish government to proceed with its flagship Red Rabbit gold and silver project, holding a currently estimated 475,000 oz. of gold equivalent in the west of the country. Though still 90% below their 2005 float price of 12p, Ariana shares at 1.19p are more than 50% up from a 0.75p 12-month low, following the formal approval by the Prime Minister’s office in Ankara of a crucial forestry permit for the project.

Ariana Resources: genuinely building value? At 0.9p looks tempting...

Published 1822 days ago

Ariana Resources (AAU) is not a company well known for its ability to keep deadlines. First scheduled production at the company’s Red Rabbit gold-silver project in western Turkey has been delayed several times over the years, but Ariana now claims it expects to reach this goal in H1 2015. Patience is bound to be wearing thin among long term shareholders, as they’ve watched the stock drift lower. The share price has been further restrained since last summer, after Ariana entered into an Equity Swap with Lanstead Capital. However, with new drilling exploration targets defined at Kiziltepe (part of Red Rabbit) and the mine commissioning process plodding along, is it time look at this stock as a medium term buy?

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