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results from the three hole drill pre xmas ? might be nice,nice,nice. fourth hole risky but funded.whats not to like? glta.
Additional hole: 'The Company's recent fundraising will enable Arkle to fully participate in this new high potential, but high risk, exploration drillhole.'
Mcap stll less than £2M. As a gambling man I like the odds!
Fingers crossed that the drilling results are as we hope. Not long to wait i suspect with G11 overseeing the project...
To be fair they waited til G11 put out full report last time, I'd expect the same again, speculation drive this into the 1.2s last time.......I'd very much like that again
Cliveas, bullet points below posted today...
What's in the tweets please ?
GL.
ARK busy with the tweets! Latest hole should have been drilled by now. Hopefully they will release the results when available rather than waiting for the whole drilling programme to be completed by year end...
• 23.44% interest.
• Relatively shallow deposit occurring at depths ranging from 190m to 395m.
• Spectacular grades - 5.40m of 25.0% zinc and 7.2% lead at Stonepark North.
It's pumping buddy.
daily, weekly and even monthly looking nice
If you look at the monthly the bounce off the bottom has double the volume and still 2 market weeks to go
0.85p is defo achievable
Gino, we might get the 0.85p sooner than expected!
The average life of Zinc batteries is almost 20 years. Up to 25%+ more than lithium batteries. Longer service life lowers the ownership cost through reduced maintenance, replacement costs & more reliable performance.
Lucky we have a share of a potentially significant resource in Stonepark!
0.5480p to buy anything this morning. Looks like we're all waiting to see how the Stonepark drilling/sale progresses....
Decent close considering
Chart suggest 0.85p due soon
*CBAM
Is anyone aware of CEBAM happening in the near future ???and how the metal market will change ??
I know, although it is slightly misleading to see the SP down over 13% when we've had one (buy) trade close to Fridays purchase price. Smoke and mirrors....
No cheap shares available........was only a 50M placing and 45M to outsiders......I don't expect to be many free floating with Stonepark due
Same here, anything below .50 I will be adding lots!
Still 0.54p to buy (sell price 0.43p). I thought I might be able to pick up some 'cheap' shares around the Placing price in early trading!
Zinc prices up over 6% today. All helps.....
Funding issue out the way. Stunning value here
Options at .5 , placing at .4. That’s near enough where SP is. 400k of new funds on a MC of £2MC Great stuff
A few of us said we were running on fumes but we definitely didn't want to reduce our share of Stonepark. Bottom drawer!!
Placing at a crap price but minimal dilution.
Obviously need to take part in the drilling of Stonepark.
Small comfort directors bought in.
Lack of any update/vision/expectation is poor fromTeeling.
Still very undervalued without any positive drill results.
GL.
Hopefully the results of the drilling of the first hole in the latest Stonepark programme (commenced in September) will be released this side of Christmas to whet the appetite of investors. G11 have stated that the last 2 holes of the current programme will be completed before year end. Then we have the additional hole as announced recently. You never know, Teeling might surprise us with news about our other projects eg gold, lithium....
theres more than glencore operating in ireland with deep pockets that could bid. there are several big names there
If i were JT, I would be lining up a few deep pocket funds/mid caps and generating interest, then approach Glencore and say, "I want x amount, but can understand if you feel its too high but we have a lot of interest now, so if we cant agree terms by the end of the week we will be entering an FSP" and then I would go through with it if they dont play ball. Appoint advisors like Arc Minerals, on a no sale no fee, and put the company up for sale. Or the alternative would be to suggest a merger with G11 such that Glencore could only bid for shares in the entire asset. But i really worry that as an unfundable minority partner to Glencore they could easily strong arm us out of our share.