Amaroq Minerals Share Discussion Threads

[dudishes] 01/3/2024 17:40

Still a holder, but no gold eh?

[dudishes] 01/3/2024 08:01

Sore head hazl?

Why pick on loganair? AMRQ, he is correct, KEFI funding perceived but not yet in place. 50% correct. Much better than your picks what?

AMRQ massive rise since 40p.

SOLG 50% loss in 6 months.

CUSN 50% loss.

QED, SOLG, CUSN all wishful thinking?

If SOLG not for this board, why finish off with a ramp of SOLG?

Dud

[hazl] 29/2/2024 11:36

This board is not about SOLG.
Last post in the matter.
I was just alerting people.

SOLG however has several substantial major shareholders and is taken by some to be a potential take over play.

[loganair] 29/2/2024 11:08

hazl - Amaroq and KEFI are basically fully funded to get at least one of their mines into operation which will provide each company with an income back stop to carry on exploring elsewhere whereas Solgold needs £20miln new funding in just the next 3 months to keep itself a float, let a lone a couple of billion to get it's first mine built all at a time when liquidity for the mining exploration sector has all but dried up.

[hazl] 29/2/2024 10:33

Again, I am also liking the look of KEFI and AMRQ but not bought yet.
As an aside I would say don't trust loganair.
He claims to be in SOLG too.

'loganair
28 Feb '24 - 10:25 - 71 of 75
0 1 0
I'm in both Amaroq and KEFI. What I like about both is how they're basically funded to get their prospective mines into operations and the cost to do so is not too highly prohibitive unlike say Solgold and their Cascabel project is.'

[metis20] 29/2/2024 08:26

TORONTO, ONTARIO - January 29, 2024 - Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, is pleased to announce a significant new Ni-Cu discovery at its Stendalen Project.

[loganair] 28/2/2024 15:53

I've just spent an hour looking at AAU and I considered a small investment was worth while.

I just wished I had bought more Amaroq then I did when the share price was around 30p.

[philby1] 28/2/2024 15:27

Amaroq Minerals gears up for gold production later this year.

Amaroq Minerals Founder & CEO Eldur Olafsson shares insights on hitting targets, staying on budget and being fully funded in the latest interview with IGTV.

[philby1] 28/2/2024 14:28

I'm holding both AMRQ and KEFI too loganair. Also holding Ariane Resources (AAU)for the same reasons with gold production starting at the new Salinbas mine in Turkey later this year.

[loganair] 28/2/2024 10:25

I'm in both Amaroq and KEFI. What I like about both is how they're basically funded to get their prospective mines into operations and the cost to do so is not too highly prohibitive unlike say Solgold and their Cascabel project is.

[dudishes] 28/2/2024 01:33

Late today phil,
bit of difference of opinion Kefi.

Lay in today, no issue

[dudishes] 27/2/2024 18:38

I forgot philby1,

I was up at 4am to make breakfast for the kids who fed the donkeys.

Carrot treats for the donkeys.

Pancakes for the girls.

Pop around some time for breakfast

[dudishes] 27/2/2024 18:33

philby1, I forgot to ask whether you were long/short?

Weems that Tim W and I are the only longs?

[dudishes] 21/2/2024 06:32

G'day philby1,

I'm a bit late today, arose at 5am our time as had to feed the donkeys etc...

The youngsters were busy picking veg for the Wed market.

veg picking not too good for me, drawback, I got wet, the kids being under cover did not.

[philby1] 20/2/2024 15:39

"Amaroq's steady ship is a different animal to Bluejay"

hxxps://www.mining-journal.com/london-to-a-brick/opinion/4176016/greenland-tale-explorers

[dudishes] 15/2/2024 03:47

G'day philby1. Early again.

Donkeys fed and for us, forget the UK lark, that was Tuesday, we are having pancakes today.

TW bought more just below 75, big deal.

46 & 61, TW may be able to match, as it is his favourite, but then Kefi also?

I have access to their so called Nifty 50, long term I would agree, some scores, short term, I believe they need more on the spot intelligence, as always seem to be asleep!

Stay alert, beat the so called experts.

[philby1] 13/2/2024 12:32

Yes I hold Dudishes, thankfully one of the few mining shares where I'm well in profit. Added a few yesterday too following TW's Bearcast.

[metis20] 13/2/2024 09:41

NASDAQ September 2023 registration document:



The Nalunaq deposit is high-grade and has previously demonstrated a low all-in sustaining cost, making it a high margin asset. All-in sustaining cost estimates range between US$725/oz to US$910/oz. The Company has a current Inferred Mineral Resource of 320,000 oz. (355,000 tonnes at 28.0 g/t Au), covering the old mine area and into a number of extension areas, and a further potential of between 200,000 oz to 2.0 Moz. of near-mine Exploration Targets (2.5 to 10 million tonnes at 2.4 to 6.0 g/t Au).

[breezer_42] 13/2/2024 09:05

I can’t remember my in price as I’ve switched brokers, but I’ve held here since about 2019 - before the Nalunaq disaster.

I then doubled up at around 30p after it was clear AEX wasn’t going bust, because as long as there’s an operator then these assets were chronically undervalued.

I recently cut my position in half at 72p for portfolio balancing and am keeping the rest at least until gold flows!

Edit: Oversubscribed at a premium to market is impressive.

[metis20] 13/2/2024 09:03

approx £44mn raised

Eldur Olafsson, CEO of Amaroq, commented:
“I would like to thank all participating shareholders for their strong support shown in this financing. We were particularly pleased to note strong demand from the Scandinavian pension funds. The funds raised will enable us to accelerate mining at Nalunaq, whilst continuing to invest in our exploration portfolio in both gold and strategic minerals across South Greenland.
We now have great confidence in delivering on our objectives at the Nalunaq Mine and in enhancing our potential to deliver value for shareholders and local communities within Greenland, and I look forward to providing an update on specific timings for the Nalunaq project later this year.”

[dudishes] 13/2/2024 08:17

philby1,

Are you a 9 to 5 geek? Or related to Kim Philby?

No, got it, a UK early riser.

BTW, it was 0410 where I live, and the donkeys like early feed.

I realise this BB is rather quiet, just thought I may wake some from the dead. Seems you were the first.

I happen to be a holder, 46 & 61p, and you prey? Do you hold?

cheers

[breezer_42] 13/2/2024 07:59

This does seem to fly somewhat under the radar. I imagine many potential investors are waiting for some tangible success. Gold in the ground is one thing, cash flows quite another. I’m happy to sit on my position here, rather than wait and pay a lot more in a success case!

[philby1] 13/2/2024 07:32

Not at 3:10 in the morning!

[dudishes] 13/2/2024 03:10

G'day,

Very quiet here, does not 230g/t not excite one?

Long.

[metis20] 12/2/2024 07:24

£30mn placing at a premium!

TORONTO, ONTARIO - 12 February 2024 - Amaroq Minerals Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ), an independent mining company with a substantial land package of gold and strategic energy transition mineral assets in Southern Greenland, confirms, further to its announcement on 11 February 2024, its intention to conduct a placing and subscription of new common shares (“Common Shares”) to raise gross proceeds of approximately £30.0 million (equivalent to approximately C$51.0 million or ISK5.2 billion) (the “Fundraising”) at a price of 74 pence (C$1.25, ISK127) per new Common Share (the “Placing Price”), with the net proceeds being used to accelerate development and exploration activities.

As announced on 11 February, the Company has already received indications of interest from investors in excess of £30.0 million at the Placing Price.