Arkle Resources Share Discussion Threads

[jayminpatel1] 13/5/2020 12:09

Now lower not good

[milliecusto] 07/5/2020 22:05

Mkt cap £1m and good gold assets, very surprised we are currently sat at these levels

[richyf3] 28/4/2020 21:50

I'm a buyer at these levels for sure

[the deacon] 28/4/2020 14:34

It's undervalued irrespective of any news to move it. Just on the assets alone it's a £3m mcap. Stone Park is potentially a tier 1 asset, with Glencore as very close neighbours. With discussions ongoing with third parties (note plural), we could see a big cash windfall coming to ARK on the sale of Stone Park. Great ammo for gold exploration then.

[ein4] 28/4/2020 14:25

A bargain in my opinion but probably nothing major until this virus has ran through and people can travel?

[the deacon] 28/4/2020 13:03

Should be. Especially when you consider the zinc asset sale could net ARK multiples of its market cap

[stockhunters] 28/4/2020 12:45

£800k cap

[fiachra] 28/4/2020 10:56

Market Capitalisation just over one million pounds. Option money for a John Teeling share. Petrel had the same capitalisation one year ago.

[the deacon] 27/4/2020 10:09

Excellent potential here from such a lowly market cap. Sale of Stone Park holding could see a significant cash windfall

[the_debt_collector] 27/3/2020 07:27

As expected a massively discounted placing at .50p, worse still same price warrants with 2 year expiry.

[ein4] 04/3/2020 08:30

Lets hope its a better one than the recent R N S letting us knowthey were in Canada, sad?

[firmor] 05/2/2020 12:59

Maybe there is update rns on the strategy review coming soon

[sirrux] 05/2/2020 10:04

I have been doing some research - largely pointless I know!

What's stopping JT from talking to EM (Tesla) about building a massive Zinc-Air battery factory in Ireland to fuel the rapidly expanding EV industry? L-ion batteries work for now, but not cheap and there are supply issues just as the industry looks to take off, not sustainable and they know it - that's well documented. Zinc on the other hand can be more reliably sourced well into the future. EM builds the factory, JT supplies the Zinc access.

[the_debt_collector] 05/2/2020 08:12

Beware they have no cash and placed in March last year.

P&D is on.

[paleje] 16/10/2019 08:05

Glencore as neighbours was always a plus, now shareholders too. Long term implication is obvious, small beer for Glencore.

[sirrux] 15/10/2019 16:17

Glencore showing some interest in Stonepark asset with Group 11 deal. Hardly any reaction here, but raises prospects a bit, no?

[andrea152] 01/10/2019 10:55

"Shareholder Exploitation" Category !!

Do not trust or buy into this grim piece of Irish Bog.

You will lose your money - it's as simple as that ! IN the same category as CGNR, which should also be avoided, like the plague.(also PET, BOD & CLON , IMHO).

IMHO. DYOR. GLA.

[fenners66] 27/9/2019 08:17

Interim accounts published..... another read from the 162 Group....

Administration Expenses € 170,000

Additions to exploration and evaluation
intangible assets.............. € 48,000

Apart from raising more cash by massively diluting shares that was about it.

So in other words 3.5x more spent on Administration expenses than on "Exploration "

What market category is this company in again ?

[cpap man] 19/9/2019 19:10

KAV



Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L)

The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group
exploration project in the southwest of the country. It is similar in its geological
setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019

The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner.

The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration.

Conclusion

Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits.

Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[fenners66] 27/7/2019 13:26

Just searching the internet for anything relevant to the ppb
Minerals UK refers to some reports of gold in differing parts of the UK

including this about Crediton Trough Devon
"Gold was found (12–35 ppb Au) in several unpanned <0.5 mm fraction samples, but no highly anomalous levels were detected."

[fenners66] 27/7/2019 13:13

is ppb 1: 100,000,000 or 1: 1,000,000,000?
there are various definitions of billion

[fiachra] 26/7/2019 17:38

Is the anomaly significant?

[kennyruss] 26/7/2019 16:16

Gold in soil is always in PPB - you dont get huge amounts of gold is soils.The exercise is simply to map "pathfinders" to potential gold.In some geological settings 5ppb is considered anomalous

[fenners66] 26/7/2019 10:51

so if commercial gold is say 3g/tonne so 3 parts per 1,000,000 how does that equate to per billion
Also depends on the definition of billion.

[kennyruss] 26/7/2019 10:03

fenners66

These are pathfinders - gold is always ppb in soil