From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Ariana Resources – Dokwe project updated pre-feasibility study further highlights this acquisition’s HUGE potential: BUY

By HotStockRockets | Saturday 11 May 2024


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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;

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Wednesday »

Bearcast

Tom Winnifrith Bearcast: red flags and bubbles

 

SDI

SDI Group – again a Buy?

 

Tom

Feeling Thirsty Evil Banksta?

Wednesday »

Bearcast

Tom Winnifrith bearcast: these folks are insane

Time left: 23:43:32