Member Info for bubsythecat

I think from memory that Amaroq is one of TW's largest of his gold holdings. He is extremely positive about the potential here and believes the company is very much undervalued at the current share price.

I agree with your comment on Mir.

So second half year 2026 production of 18 - 25K oz. That's a big step up from the first half year (7-10Koz) . The 2026 exploration schedule is also looking very impressive too.

Exciting times for Amaroq!

Thanks Jigger-1!

Just WOW!! I was contemplating top slicing after the recent share price rise. After seeing that video I'm not going to sell a single share.

RNS just out.

Here it is JCEP.

https://www.youtube.com/watch?v=rsbKVR7RdYA

Amaroq Ltd

@weareamaroq

·

1h

Amaroq CEO Eldur Ólafsson appeared on

@BBCRadio4

's Today Programme this morning discussing Greenland’s mining future.

Listen from 23:45: https://bbc.co.uk/programmes/m002pqn9

#AMRQ

Here's that Bloomberg interview.

https://finance.yahoo.com/video/greenland-needs-more-investment-amaroq-102516252.html

A clarification RNS from the company should be issued as this is all clearly price sensitive news. Hopefully that will come early this week.

Apparently Greenland has 39 out of the 50 minerals classed as by the US as critical to national security and economic stability. Little wonder that they and others are looking intently at Greenland. Potentially this puts Amaroq in a fantastic position as events unfold. Share price is up around 23% on the Canadian market currently!

Great links Red666, thank you.

More likely imo:

Equally, any diversion from that path, and any sense that central banks are not fully in control – or that they may chance their arm with inflation as they keep interest rates low to try and help governments manage their debts and interest bills – could yet give silver and gold a further boost.

https://www.telegraph.co.uk/money/investing/stocks-shares/five-trends-defined-markets-in-2025-which-will-continue/

I'm not on Linkedin. From X;

https://x.com/weareamaroq/status/2006324375885094936

Gold is roofing it! :)

Meant to say Nanoq not Nalunaq!

Personally I'm astonished that the share price hasn't moved significantly higher on this news. Eldur's excitement was palpable and it's clear they have something at Nalunaq that is very, very large.

Just to get an idea of just how significant a Tier 1 mine is:

A Tier 1 mine is defined as a significant and economically viable mineral deposit that meets specific criteria, including:

Large Size: Tier 1 deposits are typically large in size, often exceeding 500,000 gold equivalent ounces per year.

Low Cost: They have average all-in sustaining costs per ounce in the lower half of the industry cost curve.

Long Life: The mine life is generally greater than 10 years.

Economic Viability: These deposits are expected to generate substantial revenue, often exceeding $300-600 million per annum, and are considered to be in the bottom quartile of the cost curve, indicating robust economics.

Tier 1 deposits are crucial for mining companies as they provide a strong foundation for long-term profitability and are often prioritized for development regardless of the business cycle.

Toyin, I think that what you say is spot on. Ashman, for me, has been a serial disappointment and I've now lost all confidence, hence my sale.

Like you I still believe in the tie with Croda but I think that Ashman isn't the one to take the company forward in the best interests of shareholders. His lack of share purchases , frequent dilutions and acquisitions record has also concerned me for some time

Saying that I would still consider buying back in if Ashman was replaced.

For what it's worth I have put my SBTX proceeds into two precious metals producers, Wheaton Precious Metals and Hochschild Mining. Fingers crossed I have better fortune there!

Good luck to you and I hope it comes good for everyone still invested here.

What concerned me was that it was a paid for 'soft' interview and Ashman still struggled. His body language throughout was nervy and that forced smile at the end did it for me. Following that I sold out totally.

Better opportunities elsewhere imo so I have sold out.

Good luck to everyone still in, I hope all it comes good for you.

That's a brilliant summary. Thanks Mistryjit.

Where's the £2 million Sath?

You have been Fandangoed off to the green box.