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Ark are exploration only. production will be sold on.
My guess is ARK will consider selling IF the incoming Carrickittle west drill confirms likely feeder structure. Im sure majors, and there are several already in Ireland, will be interested.
It would be great if they hit the feeder structure. But Arkle shares will never reflect their 23% of what is in the ground, as we have no way of funding our share of any future big drill campaign let alone mining costs. Ultimately the best i am hoping for is a buyout for between 20-50m. With a little under 1.5% of the shares though, I will be very satisfied with that result.
G11 CEO and Michael Gentile discuss June’s drill result at carricikkle west. And why it was the most significant in the companies history.
The believe they may have found the feeder structure to Glencores Pallas Green of 45mt
They say the feeder structure maybe juicer, anywhere between 50 and 100 mt. With better grades.
Also, at depth, a significant copper deposit.
Follow up drilling is now fully funded.
Both Bart and Michael are clearly very excited.
Https://youtu.be/rJMq0pbIzuk
Carrickittle west. Why your shares may be worth a fortune.
:) lolz
Their may be a stockbox interview incoming. Could be today. We’ll see
lol, that is the way it came out when copy & paste. 'Lithium Prices' is the heading...
DV. what’s with the ???
???? = LITHIUM PRICES
?????????????? ??????????
Lithium prices have been on the rise, & speaking at the Lithium Update by the Experts, Joe Lowry said he expects the price to hit highs of US$97,000 per tonne, prices have recently hit highs of US$80,000 per tonne.
Stonepark is the main focus here but interesting that we are now planning to be lithium producers both in Ireland and Zimbabwe. What next?
30 June RNS: 'We are also examining a specific exploration opportunity in another jurisdiction. I look forward to updating shareholders on this as soon as possible.'
Tweet by ARK
LITHIUM prices to go through roof
Https://thewest.com.au/business/public-companies/expert-predicts-meteoric-price-rise-for-lithium-c-8884697
Agreed yea Patience here and value should out big time
Stonepark is a large property. With better grades at shallower depth than Pallas green already bagged ( that’s why Glencore wanted it ) my expectation is when not if we get more gravy.
Ouch! AIM is full of rainbow chasers, just another example of a peep throwing their money away...
Domt follpw a stampede and always bank profits......dont be like this fella:
Buy:
11:21:31 0.72 686,750 Buy* 4,945
Sell:
12:48:27 0.5125 686,750 Sell* 3,520
Not a good day at the office for that callsign
£1500 in an hour and a half is a sore one
There will definitely be movement north from here.....just todays news wasn't it....pump and dump news
Give it a few weeks and stone park buzz will kick in
Tacet
U must of just joined the party.....called this a while ago sir......thanks for input though :)
The late sellers yesterday must be kicking themselves lol
Sadly think it's the pump and dump crew this time :(
Let's see where we level out
Glencores a comin'
Glencores a comin'
Mcap still ridiculously low!
What is Mr 622755 thinking LOL!
GL.
As soon as the 0.65p falls it looks like a one way ticket up there tbh
Low volume in circulation and the only thing holding this down is the upper bollinger band.....bit more volume and this explodes
Gino yes that is what I meant “of pay dirt” I think we all know that
Gino, looking forward to hitting the 0.85p you were suggesting last week......
To be fair Auc we don't have 5.1MT of Zinc.....think I've said this before to you...
We have 5.1MT of pay dirt that contains up to 8.7% Zinc and 2.6% Lead.....
No point pumping the wrong figures when they are so good already
Potentially lucrative investment in the medium/long term (what is happening at Inishowen?) but Stonepark remains the asset that could bag investors a decent return if/when Glencore/Group 11 gobble up our (minority) share of the project. As you say Cliveas, all for an mcap of £2M!