Member Info for Auc1

Chunky holding that. We should do incredibly well here. It’s looking great. In advance I’d just like to wish u a very happy retirement lol

Comfortably into 7digits been buying the dips for quite a while . I’m here for the bags not a % And you DV?

Dv With expressions of interest already shown and with ARK willing to sell, I suppose the only Q will be how big will the cash pile be. Shrewd of ARK to get the imminent drill results in first that likely up the resource from 5.1mt. Likely be some nice icing on the cake that. Yum yum

Hi dvharrison maybe Mr T is giving us a nod on where some of the money will be spent ( aside from the gold! Ha) A big stake in a fast emerging disruptive area sounds brill.

Zinc 8 several incarnations ago owned by a Canadian mining co. Recently Won several breakthrough energy storage awards in US (NY). and 1st orders in. Probably getting ahead of myself but looks like some collaboration might be winging its way. They need zinc. We have it. We need ( or are looking for life after Stonepark). Hmmmm

Https://www.bbc.com/future/article/20201217-renewable-power-the-worlds-largest-battery

Article from beeb on battery storage obliterating fossil fuels. Maybe ARK and Zinc 8 (Canadian company) are having some kind of JV. Seems strange for ARK to tweet that out the blue. Mr. t was looking at opportunities post Stonepark. Maybe this is it. Flow batteries are cited as disruptive incoming tech.

Https://www.intelligentliving.co/zinc-air-battery-cheaper/

Breaking. ARK tweet. Zinc -Air flow storage batteries. Flow batteries storage is set to go ballistic for renewables. What an intriguing tweet.

Https://www.irishexaminer.com/business/arid-30932723.html

That’s the link to the June 2019 article

June 2019. Think I’ve finally got a rough Inferred BOTTOM DRAW value of ARKs share of Stonepark as at June 2019

(From June 2019 article): “Alternatively, we could take the option to dilute. If we chose to do so, to put it in perspective, Group Eleven - or any other investor in the project - would have to spend a further €1m to take Arkle’s share in the project from our current share to just under 21%, €2m to take it to just under 19% and so on. If expenditures of that scale and beyond are being made in the project then we see the overall value of the project being re-rated," said Arkle's chief executive Patrick Cullen..”

So, correct me if wrong n please check my calcs but implies every 4.5% (roughly) is worth €2M. So ARKs holding 23.44% / 4.5 = 5.209 x €2m = €10.48M. Converted to GBP at .9 = £9.38 M

Current MC £3.83M. So £9.38M / £3.83M = 2.43 x current MC or 3.25p

IMPORTANT TO NOTE. 5.1mt resource is expected to be increased in drill results this month. Upgrading those bottom line figures. Glencore / G11 /ARK have high hopes this is Tier 1 discovery ( they have STATED that) as the geology is a mirror image of Pallas green (45Mt). So upgrades could be very significant. Also spot price of Zinc is now higher. Lead maybe the same. 3.25p as a base. Factor in increased zinc price. Add in increase of 5.1mt this month. Plenty of upside on the 3.25p likely. Perhaps many multiples of that. Thoughts anyone.

Highly likely the step out drill has been a success. Ark stated that was the expectation. Ties in with the big % increase of G11major shareholder

And ups his stake to 20% in Dec. Defo dint do that on a nod and a wink. Nudge nudge wink wink. With drill results due this month

And he ups his stake to 20% just before official drill results any day this month. He Defo dint get a nod n a wink. Nudge nudge wink wink haha

“Group Eleven at current levels is one of the more compelling investments I’ve seen, with the advanced Stonepark asset and...” NOTICE THE WORD ADVANCED. TIES IN WITH GLENCORE/G11/ ARKS HOPES THAT ITS A TIER ONE ASSET.

From 30/12 G11 news ( our Stonepark JV partner

I’ve just noticed the 20% shareholder comments...

Mr. Gentile increases his ownership in the Company to 19.90% on a partially diluted basis, upon completion of the Offering.

“Group Eleven at current levels is one of the more compelling investments I’ve seen, with the advanced Stonepark asset along with the recent impressive discovery holes at Carrickittle. In my opinion this, combined with a large regional land package offering several additional compelling exploration targets, is the primary reason why I believe Group Eleven is dramatically undervalued and on the cusp of a major re-rating by the market”.

JJ - would be nice. It’d certainly give heads up for the expected 7am RNS :)

G11 listed in Toronto Canada ( 5 hours behind ) so I’m thinking drill results will be synchronised with ARK. so any time from mid day onwards on any given day

G11 listed in Toronto Canada ( 5 hours behind ) so I’m thinking drill results will be a synchronised RNS with ARK probably from midday onwards on any given day

Looking to sell off is the intention of the CEO Mr. Teeling. He just wanted to up up the size of the prize first within the current drilling and probably Glencore wanted them to do it too. Let the minors take the risk n prove an asset up and then the big boys snap it up.

Even falling short of a Tier one the potential for G11 and ARK is greatly significant. Game changing. BUT. 1st things first let’s get the anticipated upgrade on the already infered 5.1Mt and get some direction from the co on the next steps. Further drilling? Or looking to sell off