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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 (CDI) |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
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0.20 | 0.30 | 0.25 | 0.25 | 0.25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Lead And Zinc Ores | EUR | EUR -297k | EUR -0.0005 | -5.00 | 1.41M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
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10:20:12 | O | 228,931 | 0.225 | GBX |
Date | Time | Source | Headline |
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27/9/2024 | 13:22 | ALNC | EARNINGS AND TRADING: AdvancedAdvT keeps up "positive momentum" |
27/9/2024 | 06:00 | UK RNS | Arkle Resources PLC Interim Statement |
18/9/2024 | 17:35 | ALNC | Arkle Resources says lithium sampling is underway in Botswana |
18/9/2024 | 06:00 | UK RNS | Arkle Resources PLC Update on Progress on African Lithium Licences |
12/9/2024 | 10:00 | UK RNS | Arkle Resources PLC Drilling Started on Stonepark Licence Block |
25/7/2024 | 10:10 | UK RNS | Arkle Resources PLC Result of Annual General Meeting |
25/7/2024 | 06:00 | UK RNS | Arkle Resources PLC Update on Botswana Lithium Exploration |
04/7/2024 | 10:27 | UK RNS | Arkle Resources PLC Director/PDMR Dealings |
03/7/2024 | 15:26 | ALNC | EARNINGS AND TRADING: ActiveOps makes profit; Contango gets investment |
03/7/2024 | 07:00 | UK RNS | Arkle Resources PLC Stonepark Drilling Update |
Arkle Resources (ARK) Share Charts1 Year Arkle Resources Chart |
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1 Month Arkle Resources Chart |
Intraday Arkle Resources Chart |
Date | Time | Title | Posts |
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29/11/2024 | 16:15 | Arkle Resources | 551 |
06/1/2021 | 15:07 | ARC - Company Restructuring - To Return cash to Investors - Strong Buy | 274 |
21/5/2020 | 22:19 | ARK - the chip maker holds great promise | 577 |
29/11/2004 | 08:45 | ARC - 20% Discount to Net Cash. Cash burn Slashed | 151 |
17/6/2004 | 23:02 | ARC Intl - Arm bid imminent!!!??? (part2) | 466 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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2024-12-12 10:20:14 | 0.23 | 228,931 | 515.09 | O |
2024-12-12 08:07:52 | 0.28 | 1,000,000 | 2,800.00 | O |
Top Posts |
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Posted at 12/12/2024 08:20 by Arkle Resources Daily Update Arkle Resources Plc is listed in the Lead And Zinc Ores sector of the London Stock Exchange with ticker ARK. The last closing price for Arkle Resources was 0.25p.Arkle Resources currently has 564,810,997 shares in issue. The market capitalisation of Arkle Resources is £1,412,027. Arkle Resources has a price to earnings ratio (PE ratio) of -5.00. This morning ARK shares opened at 0.25p |
Posted at 03/7/2024 21:27 by argyle underclap Good news today.This from G11 (joint owner) says it all... “We are excited to re-initiate exploration at the Carrickittle West Prospect,” stated Bart Jaworski, CEO. “The identification of extensive brecciation, sulphide mineralization and a major fault structure in our previous drilling, along with the re-interpretation of the potential importance of the Kilteely volcanic centre, sets the stage for a very exciting next leg of this promising, large-scale, ‘Pallas Green lookalike’ target. Lets remember G11 are getting quite good at identifying drill targets. ARK Fast facts... no debt. £1.2M MC. Drill funded. 5.1 million ton Zinc / Lead already discovered. 1 ton rock value = $300 warrants at .35. recent fundraise at .25 directors took 16million. CEO has nearly 10% Significantly oversold |
Posted at 29/11/2023 08:32 by currypasty marked down |
Posted at 04/10/2023 10:41 by mrmark1 RNS on the lithium deal to follow no doubt. One thing is for sure John Teeling is very wealthy from his other businesses, stock is tightly held, Plc are very small and he will do the right transactions to rerate the share price when it comes. Looks like a squeeze is on and any lithium deal will be taken well by the market. Let's hope they also do a deep drill hole at Stonepark soon.I know from discussions with Bart at Group11 it's being planned. |
Posted at 21/8/2023 13:53 by fiachra Someone bought half a million and the price moved up. |
Posted at 27/6/2023 07:18 by fenners66 "The directors are confident that additional capital can be raised as required. The Group raised GBP397,000 during the year from warrant exercises and a placing."Despite having lost a cumulative 5.3m Euros as there are always more irrational gamblers to persuade to part with their cash. I see they have adopted the "don't tell the shareholders how we spent their cash on admin expenses , directors' remuneration and so on , until we absolutely have to " by summarising the accounts and not including those notes here.... As if these guys are not spread thin enough , now they want to add Lithium in Zimbabwe to their list of failures. Share price reacted well though. |
Posted at 30/11/2022 15:31 by backbone and clingfilm hxxps://youtu.be/aeNLithium results before Christmas. 3 hole zinc results possibly before Christmas too but more realistically in the new year. Lithium demand to explode coz of EVs. Forecast a minimal x8 demand increase but more realistically x15 Previously low grade / marginal projects now of great interest. ARK potential lithium assets are just across the valley from 2 x Chinese companies working lithium for past 4 or 5 years. Another Stonepark zinc hole to be drilled soon. It’s potentially a game changer as G11 think it could be onto pay dirt of between 50 and 100mt That would eclipse / dwarf Glencores Pallas green of 45mt. Stonepark already 5.1mt, Better grades than Pallas green and at an easier shallower depth. |
Posted at 15/11/2022 08:48 by currypasty Arkle Resources (AIM:ARK), the Irish Gold and Zinc resources discovery company, is pleased to announce that it has raised GBP200,000 (before expenses) through a placing of 50,000,000 new ordinary shares at a price of 0.4p per share (the "Placing Shares") (the "Placing"). Each Placing Share has one warrant attached with the right to subscribe for one new ordinary share at 0.5p for a period of two years. |
Posted at 18/9/2022 18:23 by backbone and clingfilm Article in todays Irish Sunday independent newspaper.Mining: "Limerick drill op shows signs of large zinc system. " continues... The article is available on ARK telegram group. My take. validates G11, increasingly they know where to drill. As we know earlier this year G11 and ARK reported a large fault system discovery at stonepark that is highly promising and could eclipse Glencores large Pallas green deposit of 45mt. G11 and ARK said follow up drilling was priority. *Note Stonpark owned by G11 76.56 % ARK 23.44% Limerick 100% G11 |
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 22/5/2020 08:01 by cpap man STRONG BUY @ ARKGlencore 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’. |
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