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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Arkle Resources Plc | ARK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.025 | -8.33% | 0.275 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.275 | 0.275 | 0.275 | 0.275 | 0.30 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 18/3/2022 13:42 by backbone and clingfilm WHAT IS ARKS 23.44% SHARE OF STONEPARK ZINC PROJECT WORTH?IS IT UNDERVALUED BY A FACTOR OF 5 to 10? This is from June 2019. Fag packet inferred value. As of June 2019. N.B spot Zinc was around $2500 It’s now around $3800 A 50% plus increase. Firstly, an article from June 2019… ARKLE: “Alternatively So, implies every 4.5% (roughly) is worth 2M euro. Arks holding is 23.44% divide by 4.5 = 5.209 x 2M euro = 10.48M euro. Converted to GBP at .84 = £8.8M GBP Current MC is £2.5 M So a 3.52 x bag increase from current .75 =2.64p per share +50% increase in spot Zinc to todays $3800 =3.96p per share. A 5.28 x bag from current .75 I believe the article figures stated above by ARK are the figures Glencore offered to Group eleven. Group Eleven turned it down as an undervaluation, and they stated "we want to find the big one." ( a reference to the current drilling and sought after mirror image of the large Pallas Green project of 45m mt) My figures above based only on the 5.1mt inferred resource. Any resource increase derived from the current drilling towards the desired 10mt to make it commercially viable would see significant uplift to those figures. The current drill is in a Zinc rich area that has already inferred a resource of 5.1mt. The feeling is 'when' not 'if.' Current drill is seeking to find a mirror image of the Palas Green resource of 45m t. Given the size of the prize and the fact G11 turned Glencores offer down I think it not unreasonable to assume a current value upto twice that of 3.96p or 7.92p. A 10 fold increase. These figures exclude ARKs two 100 % owned Gold projects in Ireland that are now coming out of winter moth balling. Something to think about. NAI and as always DYOR etc |
Posted at 14/2/2022 18:02 by backbone and clingfilm Worth notingTiny £2M MC Stonepark Zinc project drilling now underway 5.1mill tonnes already discovered ARK own 24 % G11 76% Michael Gentile expert small cap mining investor has just participated in a G11 fundraise to maintain his 17% in G11 Ark have chosen to participate to keep our 24% Spot the theme. The giant Glencore took 26% of G11 and offered to buy the lot. ARK said yes. G11 no. Possible Tier 1 here if they strike. That’s 100’s millions pa rev A 10 bagger takes it to £20m MC And another 10 bagger on top to take it to fair value with such a strike. Aka 100 bagger. |
Posted at 02/2/2022 17:27 by backbone and clingfilm glencore hold 26 % of G11michael gentile 17 % of G11 michael gentile is an expert investor in small cap mining and the giant Glencore arnt dummies. Ark own 23.44 % of the G11 controlled ( with 76 % ) Stonepark asset follow the money.. a bid was made. Ark said yes. G11 said no. why did G11 say no? G11 state they are looking for the big one. They're going for glory G11 Vision statement... "Discover Ireland’s next big zinc mine in order to generate exponential shareholder returns and local economic benefits." |
Posted at 13/7/2021 13:40 by fenners66 162 Group as you are well aware is a name put to a "Group" of Teeling led companiesJust how they could refer to various separate listed vehicles as a "Group" is a question but they do "About Us The 162 Group is based at 162 Clontarf Road, where Irish mining and many Irish natural resource exploration companies have developed. John Teeling, chairman, Petrel Resources, Arkle Resources, Botswana Diamonds, Clontarf Energy and former chairman of Cooley Distillery, has been an ever present principal during the development of the 162 stable of companies; from local exploration to global operator. John brings a wealth of knowledge having started and been chairman of over 20 different companies. David Horgan joined in the 1990's and is Managing Director of Petrel Resources and Clontarf Energy and has been a principal investor/director in many of the successful start-ups over the years. Jim Finn has been involved with the 162 Group since the 1980’s and has been Financial Director to a great number of the listed companies. " Funnily enough they removed the reference to "GreenOre Gold " just as it was looking for funding to go Plc.......... But then some may also question how a small group of directors spread so thin could devote the required resource to all these different companies spread all over the world and be successful..... |
Posted at 18/5/2021 11:58 by the deacon Drill results coming at just the right time for Arkle. Gold flying and really starting to capture investor attention again |
Posted at 06/1/2021 20:30 by backbone and clingfilm Many Thanks to Gino on lse bb. Sure he won’t mind me sharing...“Id suggest 6p purely on the day of RNS. If resource sale is confirm at £30M+ there is postential for near term 20p. The money in the bank will be more than enough to get our gold plays moving "VERY QUICKLY" and relatively dilution free. ARK are fully funded into 2022 and im sure a few warrants will top up the bank balance too. If a company has gold assets and £30M+ in the bank.......... What would you value it at. 40p? 50p? ARK is circa 300M shares in issue.......only 45% in free circulation: hxxps://arkleresourc Thats why this spiked 80% today.....when news comes, theres very few shares to go around....... Between a few investors here on this board we can accumulate another 3 or 4% easy enough between us 12 - 18 month target price for me is 45p” |
Posted at 02/11/2020 12:31 by sirrux So far demonstrating good execution, they have a plan and they are following it. Those charts will be of interest to serious investors, they lay things out quite clearly and should enhance the chances of success for the next steps. The important thing is to hit the source of the gold, which has not proven to be an easy feat in this territory. |
Posted at 30/10/2020 16:21 by sirrux Very quiet on the trading front at Group11 since a prominent investor issued an early warning report Oct 6 upping their stake to over 10%, with Glencore at about 27%. Wonder what's going on there. Plenty of trading in Arkle in comparison over the same period. Presumably all will become clear when the drill results are out. |
Posted at 11/8/2020 14:30 by firmor John teeling interview on proactive investor on arkle resources .not long now to drilling stonepark |
Posted at 21/5/2020 23:19 by jev1 Don't forget, there are also two other heavyweight investors in Group Eleven, ARK's partner at Stonepark, in addition to Glencore.Teck Resources, US $ 5 Billion MAG Silver, US $ 1 Billion Glencore, £ 20 Billion Glencore are going for more than a 20% interest in Group Eleven. So, there could be two other major bidders in ARK's Stonepark stake. On top of that, ARK have already made their view of the sale price known for their share in Stonepark, which is six times higher than the new expanded market cap. This is on the results so far and it's current inferred resource level prior to any further drilling, which is to commence shortly and likely to upgrade it significantly. The Tellus airborne survey revealed major new anomalies at Stonepark , so the inferred resources could end up larger than Glencore's adjacent Pallas Green inferred resources. Very telling that this is the only Zinc 'exploration' interest for Glencore globally and it's believed it will become the largest Zinc resource in Europe which would tie in nicely with Glencore's european smelters. For every £10k invested in ARK, it's an easy route to £ 50k or £ 100k as it rerates upward. The asset and resource is already in place and highly likely to grow hugely very soon and the interested majors are already in place and showing their hand by investing more money and taking a greater slice. |
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