Member Info for Culpepper

You need a vote for the company reorganisation.

Anyway, I tend, unlike Howezap, thankyou to him, to go around the houses a bit, over several posts.

Amaroq management has repeatedly said they view themselves as a jurisdictional play. I suppose as Archer has commented following his contact with them - an established, govt. trusted company through which other new entrants are likely to have to go in Greenland. With increasing interest in Greenland resources, the more they have that others need ‘locally’, including experience, the better.

Until a major takes an interest.

The CEO’s no couch potato either - spent months living in camp to oversee and keep abreast of what is needed on the ground.

“This argument will surface especially when things are not going well with the core business ( which is no longer exploration but nitty - gritty production / mining ops)”

Perhaps I misunderstand your meaning, in the sense that yes, they have Nalanuq as a fist operating gold mine, but are very much in the business of gold and other exploration.

As the company says - gold is only half it’s business.

For self-sustainment, where Amrq are going, drilling rigs, marine equipment and camp facilities, are core. As is power.

They seek to leverage those assets, increasing their footprint in others’ mining/exploration licence areas

I regard it as very progressive.

I don’t think there’s reason to pee on the experienced management team, who know their business more than most in the Greenland conditions.

I highlight ths para too, which ordinarily might have attracted some comment, on new business lines and opportunities. It went from my mind during the day when the price went down instead of up!

“Corporate strategy and business modelAlongside the Company’s focus on its two key pillars of mining development and exploration, Amaroq Minerals is also actively pursuing two further, value accretive business lines, which will complement the Company’s existing operations and enhance the ability to drive further cashflow opportunities from the asset base:

Services and logistics - Amaroq continues to develop opportunities in support of its operations in Greenland. Given the working environment and physical access to the mine and plant, the Company has been pursuing a strategy to de-risk mining activities through the procurement and operation of proprietary servicing and logistics infrastructure, such as drilling rigs, marine equipment and camp facilities. During 2025, it is anticipated that other mining and infrastructure operators within the region will look to utilise this provision of Amaroq’s equipment and services, generating additional revenue.Renewable energy generation – Power generation and energy provision are one of the largest, most expensive and polluting cost items within remote mining operations. The Company is committed to harnessing the Nordic region's abundant renewable energy resources to support its mining activities. In order to de-risk the future life of mine at Nalunaq, whilst at the same time investing in technologies to power the future mines, the Company will be conducting a pre-Front-End Engineering Design (FEED) study for the construction of at least one mega watt (“MW”) of hydro power within close proximity of Nalunaq. Once the FEED studies are completed, it is anticipated that construction work could commence, and power generation will occur in 2026.Geopolitics – Greenland’s resource potential and proximity to the world's largest markets for commodities has attracted a heightened level of political, as well as media interest. In terms of the geopolitical interest in Greenland; by the end of the period, the US had elected a new president who had publicly declared his intentions of engaging more with Greenland as a resources province. The practicalities of this heightened geopolitical interest, is that the Company is actively pursuing multiple opportunities, to leverage the increased interest and focus on Greenland and the companies who are active in the province.Listing– As previously communicated, in 2025 Amaroq is considering upgrading one of its junior listings onto a main market of an international stock exchange, in order to access further market liquidity and broader investor base. However, there can be no certainty in regard to timing or promotion of any such undertaking and further details will be shared with the market as appropriate.”

Just a bit of background, highlighting Greenland’s need for inward investment, and companies like Amaroq.

https://www.fdiintelligence.com/content/46b1a1ac-b3f0-51e8-a38e-1253df4c3e26#:~:text=For%20all%20the%20interest%20generated,mining%20firm%20on%20the%20island.

I can maybe see where Trump seems to think he might be going eventually with this, when set against the proposed Ukraine minerals deal - basically, as reported, a board of 5, three from US, who will ‘oversee.’ And 50% of govt. mining royalties, with some control over where minerals end up.

Meanwhile, Vance, as reported, on Greenland:-

“We do not think that military force is ever going to be necessary,” the vice president said at a U.S. military base. “We think this makes sense, and because we think the people of Greenland are rational and good, we think we’re going to be able to cut a deal, Donald Trump-style, to ensure the security of this territory but also the United States of America.”

Ideally, I think, a long-term play, needing Greenlands independence from Denmark for the US to offer replacement of Danish subsidy and investment, to gain more control over minerals in years to come - with 20% of the worlds un mined rare earth resources apparently in Greenland.

Not concerned about Amaroq, but with money in have an interest.

Anyway, I’m not disposed to be overly caught up with that. Large holders selling down for their own reasons, as per last 2 holdings RNS.

Or, if you like, permitted to do so?

And Amaroq will carry on. Why would they not?

And Putin had good training, experience, and been at it for years. I digress a little, but I don’t think Trump is going to ‘win’ any contest there.

There seems to be two sides to this. Defence strategy and strategic metals. The first arguably twixt Russia and USA. The second purely economic.

Putin got enough on his plate. So’s Trump, far east and China, in relation to land grabs. And he don’t want to go to war with Denmark/Europe.

There’ll be political posturing, sure, but that’ll be it, and I agree Trump would like an edge on strategic metals. Something in Greenland for him. America first.He can do that, with Greenland seeking inward investment.

Just my view.

But I can see some disquiet about it.

Put it in perspective. He said he had the same sort of attitude to Canada. He ain’t grabbing that without a fight. So he won’t get it.

I have some admiration for his bull-nosed tenacity. But his domestic audience must be beginning to wonder about things. They’ll turn on him, if he’s not careful, despite the entrenched nature of American politics amongst the masses.

“Still don’t think people understand this company at all.”

As long as management do, focussed as they say on long term growth - with you lot talking of Northern Star etc.

Just got to hope for longevity.

Short term ain’t so bad, on that road.

Yes. I would add the FS, one way or another, going to be a whole new bag, as they work through future optimisation, costs, and all that.

All for the best, longer term. Accretion by investment.

Which would very roughly, you can’t do much else, in time fall in line with current market sp/market cap forecasts.

20p or so, give or take, would be an excellent outcome.

You can’t have a cornerston investor and major mining shareholder without at least considering them as potential bidders.

Generally regarded as a good thing.

As old Archer says, with Amaroq you can get significant news - and nothing much happens.

It’ll go up. As they go. Because operationally, and hence monetarily, they’re well-placed strategically.

He hasn’t made it 100% clear, but says he’s holding for the big pay-day. I suppose when a major might take interest in a strategic metal worked up strike.

And as Wyvill said, gold is only half their business.

Old Archer may pop up later for a bit of confirmation bias ( we like him)

He’ll tell them ( again ) how much cash Amrq going to be printing.

Amaroq Minerals Regulatory News. Live AMRQ RNS. Regulatory News Articles for Amaroq Minerals Ltd. Com Shs Npv (di)

Amaroq Minerals Regulatory News. Live AMRQ RNS. Regulatory News Articles for Amaroq Minerals Ltd. Com Shs Npv (di)

I was hoping for another minimum 30%, well-exceeded. The RNSs are there to be read, but for me it’s in these two para, gold grades and increased production in due course, cash from Nalanuq supporting further exploration across the wider portfolio as time progresses.

This updated Mineral Resource Estimate represents a significant step forward for Nalunaq, with a 51% increase in contained gold and, for the first time, strengthening the resource base with the introduction of an Indicated Mineral Resource category; with a head grade of 30.1g/t Au, confirming Nalunaq as one of the highest grade operating mines in the world. Based on the current estimate, the potential mine life has now extended to over 10 years, with substantial upside remaining……

The Company is now planning to proceed with the construction and installation of Phase 2 in Q4 2025. This will provide additional time for the commissioning and ramp-up Phase 1, as well as to complete engineering studies aimed at upgrading the processing throughput capacity from the current nameplate of 300 t/d to 450 t/d……..

Not really. I put £50k pounds in here. It’s doing alright.