Ariana Resources' hail 'exceptional' first half and detail their Asgard Metals Fund strategy



Ariana Resources PLC’s (LON:AAU) Kerim Sener caught up with Proactive to discuss their interim results for the six months ended 30 June 2021.

He also explains how the first investment of its Asgard Metals Fund will be an interest in Panther Australia, which is soon to list on the ASX. Asgard will receive 1.25mln shares in Panther Australia (equivalent to A$250,000) under a consultancy agreement that will see Ariana provide exploration advice over a two-year period.

Kerim Sener, is a director and shareholder (2.6%) in Panther Metals PLC (LSE:PALM) and a director of Panther Australia, which is currently 77% owned by Panther Metals PLC.

He talks through the highlights of their financial results, which include profit before tax of £7.1m (H1 2020 £2.2m) recorded for the period, with operating costs in line with expectations and the prior year.

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