Member Info for Auc1

Zinc rocketing

$4400 x 5.1m tons already bagged = $22 BILLION

I know costs can be high but come on, ARKS MC of £2.5m seems bonkers cheap.

Lets get this 10 bagged for starters.

I note ARKS twitter feed is starting to ramp up the Zinc message.

£46k

we'll be ok for another 2 years then.

Month of May will likely see Zinc drill results. Why did Glencore want Stonepark? Its higher grade and shallower then their large Pallas Green resource. Its a large license area too. 5.1mt already bagged in a Zinc rich area.

With Zinc going bonkers can ARK really languish down here much longer?

Tweet today. Interesting statement that ARK are undertaking this initiative rather than joint with JV partner G11

With Zinc at record highs I think ARK are keen to just get on with it.

Https://mobile.twitter.com/ArkleResources?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Zzzzz

It couldn’t be, could it? ( thought moji )

Hope you don’t mind a repost of this Gino from 2021.
Also note Zinc / lead now considerably higher and the market cap is now majorly lower at £2.5M

My quick calculations:
"5.1MT Resource 8% Zinc - 2.5% Lead
Our 24% = 100kT Zn & 30kT Pb
Zn $2800 p/T = $280M or £205M
Pb $2000 p/T = $60M or £45M
Estimate 80% Recovery = £200M
Minus 30% costs = £140M"

Actual Values:
5.1MT = 8.7% Zinc (440kT) & 2.6% Lead (133kT)
Our 23.44% = Zinc 103.1kT & Lead 31.2kT

88% Zinc Recovery = 90.73kT
80% Lead Recovery = 24.96kT

* Updated for todays metal prices*
Zn $2700 p/T = c$245M
Pb $2000 p/T = c$50M
Say c$295M

Processing cost of US$21.25/t
Mining cost of US$46.50/t

1.195MT (23.44% of 5.1MT) pay material
Multiplied by $67.75 p/T combined costs
= c$80M

So....$295M - $80 = c$215M (£157M)

Irish corporate tax is 25% of the £157M = £118M clear profit.

Not too far away, but the question is, how much will sell £120M net profit for...... Is say £30M isnt asking too much really.

We have a £6M MCap hahahahaha

Can you imagine if this inferred resource, is upgraded in the expected drill results RNS, this month....... WOW!!!!!!!

A breakthrough cancer treatment company with a value only twice that of an E n P oil n gas that has NOTHING n is running on fumes.

Many similar examples.

It’s always been said the mats are irrational

Look at ARK

Should be multiples

Value will out in the end

Pallas green vs Stonepark.

And why there are great hopes for the latter.

Pallas green resource is large at 45 mt

Stonepark much smaller at 5.1 mt

The drill objective is to find the theoretical mirror image of Pallas Green which would increase the Stonepark resource considerably, possibly into a world class Tier 1 mine.

Stonepark resource vs Pallas Green ( so far) is also higher grade and shallower depth meaning it’s easier and cheaper to mine, therefore even more economically lucrative.

Knowing that it’s easy to understand why Glencore bid, and had it rejected.

1M I’m calling it a buy with today’s date stamp on.

Im thinking Carrickittle assays back and results maybe around month end. Certainly before Stonepark.

“G11 and the search for the theoretical Pallas Green mirror image”. Sounds like a cross between a monty python title and Indiana Jones lols

Stonepark drilling ongoing

However.

Carrickittle was the 1st of 6 drill holes and is thought to extend onto Stonepark. I’m assuming this is now complete. So hopefully it will be the 1st to report.

Https://www2.trustnet.com/Investments/Article.aspx?id=202109300700094419N

Worth noting confirms approached in 2020 to buyout Zinc

Also zinc then $3000, now $4000+

Https://www2.trustnet.com/Investments/Article.aspx?id=202109300700094419N

Worth noting confirms approached in 2020 to buyout Zinc

Also zinc then $3000, now $4000+

A METAVERSE of Man Citys stadium has been created. The 1st ever anywhere of a club.

I think all will go the same way so the theatre of dreams ( old Trafford) wouldn’t surprise.

As we all,know this is an area MOS I tend to move on big time

Time wise today looks like a buy. A d v f n says buy too

That u topping up DV?

Can almost hear the MMrs laughing at that price. 1M trade at .74 showing on a d v f n

Not showing here yet, looking for date stamp

Volume picking up. Often a precursor like seismic activity heralding a volcanic eruption.

No reason why this shudnt blow

It’s not like it’s a wildcat.

5.1m tones already bagged in a Zinc rich area. More Drilling underway.

Shocking undervaluation.

I think this moves big soon

Oh dear DV.

MM know this is going so much higher.

£2m mc aiming for a Tier 1 discovery

Like Derrr

10 bag it to £20M mc for starters

"Large highly prospective area pink areas"

That's why the feeling is when - not if.

Https://www.groupelevenresources.com/_resources/presentations/corporate-presentation-short.pdf

Page 29 is especially interesting.

Note the pink areas are deemed 'Highly Prospective'

6 hole drill about to complete.