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Share Name Share Symbol Market Type Share ISIN Share Description
Arkle Resources Plc LSE:ARK London Ordinary Share IE00B2357X72 ORD EUR0.0025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 5.0% 1.05 1.00 1.10 1.125 0.90 1.00 13,845,980 14:25:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -0.3 - 2

Arkle Resources Share Discussion Threads

Showing 2026 to 2046 of 2050 messages
Chat Pages: 82  81  80  79  78  77  76  75  74  73  72  71  Older
DateSubjectAuthorDiscuss
24/5/2020
14:22
hxxps://greetsecho.blog/2020/05/24/arkle-resources-the-case-for-investment-ark-zinc-gold-glen/
rhysevs
24/5/2020
11:45
hxxps://greetsecho.blog/2020/05/24/arkle-resources-the-case-for-investment-ark-zinc-gold-glen/
rhysevs
23/5/2020
15:25
Despite the 89% increase in the share price since last Friday in response to the JV partner’s funding, strengthened balance sheet from recent placing, Arkle’s valuation remains unfairly in sub micro-cap territory, with a market cap of around £2m and the shares trading at less than half their two year highs of 3.15p. For the manifold of reasons explained above, First Equity Limitedcontinues to rate Arkle Resources as a ‘ Buy’.
rhysevs
23/5/2020
13:10
Despite the 89% increase in the share price since last Friday in response to the JV partner’s funding, strengthened balance sheet from recent placing, Arkle’s valuation remains unfairly in sub micro-cap territory, with a market cap of around £2m and the shares trading at less than half their two year highs of 3.15p. For the manifold of reasons explained above, First Equity Limitedcontinues to rate Arkle Resources as a ‘ Buy’.
rhysevs
22/5/2020
22:05
Given just a little bit of time ARK will multi bag. Given what we already have 10p but increase our resource 20p +
rhysevs
22/5/2020
16:47
Another 5 K buy at close of play. There are a few building up rather large holdings if you ask me
rhysevs
22/5/2020
12:57
2m mkt cap ridiculously low, another mini ggp in the making
milliecusto
22/5/2020
09:01
STRONG BUY @ ARK Glencore stake building at Stonepark Last Friday Arkle Resources (ARK.L) announced that global mining major Glencore, subject to shareholder approval, will take a 26.7% stake (non-diluted) in Arkle’s Stonepark JV partner Group Eleven Resources Corp (ZNG.V) by investing C$750K through a private placement. Glencore already held an 11.6% stake (non-diluted) following an initial investment of C$1m in October ‘19. Glencore also purchased off-take rights of the metal on Group Eleven’s pro-rata-share of its zinc projects in Ireland at the time. Despite a significant increase in Arkle’s share price over the last week from near all-time lows of 0.5p, we believe the market has not fully grasped the importance of Glencore’s positioning at Stonepark and highly advantageous JV terms Arkle has in place on the Joint Venture. JV Terms Favourable Arkle holds a 23.44% stake in the Stonepark Zinc Project, with Group Eleven holding most of the remainder. The historical expenditure and dilution terms of the JV are favourable to Arkle. If the management choose to dilute its share, its partner would need to spend €1m, but this would only dilute Arkle to around 21%, or €2m to dilute to 19% and so forth. This gives Arkle flexibility in deciding when or not to participate. In any case, Arkle has already indicated it will be maintaining its stake for now as stated on 21 April when announcing its planned August drilling (subject to Covid-19 restrictions). The further cash raise of £250K revealed last Monday, means that Arkle is positioned to either participate going forward or can opt to dilute. On metal rights, Arkle has the right to market and sell its percentage of any metal produced, assuming its interest in the project remains above 10%. Such metal rights give Arkle an additional economic asset in the project, along with its plain vanilla project stake, and could thus be sold to another company or in a negotiated deal with Glencore, at a later stage. Stonepark Benefits to Glencore There are two very beneficial aspects of Stonepark to Glencore. The first comes from the presence of its own project at Pallas Green that lies just to the east, where an Inferred Resource of 45.4 million tonnes at a combined grading of 8% combined zinc and lead has been identified. Although Pallas Green has a much larger resource than Stonepark’s Inferred Resource of 5.1 million tonnes at 11.3% zinc and lead combined, defined to date, it lies at a shallower depth and could prove more economic to mine than Pallas Green, especially if a higher grade is maintained as the resource size grows through further exploration or could be mined first if both resources were combined. The second is the exploration potential to the south of the Pallas Green Resource, where the two projects border each other. Arkle has announced that drilling indicated the presence of highly prospective geology around Kilteely in the south of the Stonepark project. Given this interest by Glencore in Group Eleven, we are hopeful that Stonepark can now be advanced at an accelerated rate and such blue-chip miner activity could raise investor interest levels further in key stake holders such as Arkle Resources. Updated Recommendation Despite the 89% increase in the share price since last Friday in response to the JV partner’s funding, strengthened balance sheet from recent placing, Arkle's valuation remains unfairly in sub micro-cap territory, with a market cap of around £2m and the shares trading at less than half their two year highs of 3.15p. For the manifold of reasons explained above, First Equity Limited continues to rate Arkle Resources as a ‘Buy’.
cpap man
21/5/2020
23:19
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.
jev1
21/5/2020
20:51
Well if GLEN decide to take us out we will multi multi bag
rhysevs
21/5/2020
17:54
Can't think of another company with a market cap of under 2 M in such a good place. Onwards and upwards
rhysevs
21/5/2020
17:52
Base camp 2p. Then the climb begins up the mountain. So so undervalued if you ask me
rhysevs
20/5/2020
09:38
1.029Are buys, I have just further topped up
milliecusto
20/5/2020
08:17
Copied over. ______ Reminder - People need to understand its only Stonepark that Glencore want, they want it prior to August drilling thats for damn sure. The 5.1 million resource is off 1 licence we have another 5 licences yet to explore in the same field adjacent to Glencore. We will take the Glencore money (which will likely see this 5-10 bag) and focus on our two 100% owned gold projects (check website presentation for more info).
jev1
20/5/2020
01:16
MrGreat bought in? I think so LOL. Fair play if you have, you will do well.
biggeorge54
19/5/2020
11:17
£ 12 million is chicken feed to Glencore, valued at £ 20 billion, for ARK's interest in the zinc deposit and that's a valuation prior to any further drilling, which is a five bagger from here for ARK. On top of that, ARK has a couple of Gold assets. ______ It's clear as day Arkle want a buy out. They've stated it's for sale, named their price & told us there is significant interest.
jev1
19/5/2020
11:01
Dweebgreat you are pathetic. Plenty of buying this AM sunshine, this may be your last chance to get any sub penny so hurry.
biggeorge54
19/5/2020
10:09
Here's that fish again for the performing seal. _______ RNS'd on Friday "Arkle Resources PLC (LON: ARK), the Irish gold and zinc exploration and development company, is pleased to note further investment by Glencore Canada Corporation" ________ 15p BUYOUT by GlencoreToday 07:41 Check out the ARK CEO interview - Talks about what Glencore need to spend to take #ARK % down. It’s circa £1 mill for 2%. Gives implied valuation for now for #ARK 23% at 6 x higher than mcap. Arkle Resources welcome https://twitter.com/eyeguy_one/status/1262624713253294080?s=20
jev1
19/5/2020
09:38
You keep up the inventing of theories, naff as they are. You can sell, you wouldn't know because you don't hold any. Keep up.
jev1
19/5/2020
09:16
You're the one flapping in a panic. I'm not the least bit concerned. As soon as the placing shares wash through, it'll be back up again.
jev1
19/5/2020
09:09
All i see is sells and twitter pumps for those who are locked in and wanting to get out so they are trying but its failed miserably If this was such a hot share with glencore why os there no interest here nowEveryone has legged it
iamgreat1
Chat Pages: 82  81  80  79  78  77  76  75  74  73  72  71  Older
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