Member Info for Culpepper

Dividends, buy backs I think, are way off, particularly whilst they’re paying off any debt.

And they will consider acquisitions, as they’ve said.

On Simply Wall Street and the like, you take your inspiration where you choose to find it.

Rick Rule rules, OK, maybe, and old Durrants a potential nutter.

What they call exploration, isn’t it?

Https://www.globenewswire.com/news-release/2025/02/28/3034827/0/en/Kvika-banki-hf-Sale-of-TM-finalised.html

May have something to do with it…..or not.

Https://www.lse.co.uk/rns/AMRQ/holdings-in-company-m63sp5co1qc8ogx.html

So it’s them, in part at least, been selling down, for whatever reason.

Of course, we’re hoping the further stuff anticipated this month, will reinforce a turn around, as a multi-asset, multi PM and rare earth company.

There remains the possibility of ‘dusters’ though, as Amrq seeks to better define its potential.

So some (positive) change around this price, across the markets.

A snapshot, so far, in time.

Canada also up 4% last transaction - 93p equivalent.

190k share (buy) showing on google charts 1.58pm.

For what it’s worth.

Iceland up 4% on last trade. 94p equivalent.

The price is approaching that of the successful, oversubscribed fundraising at market price at 86p in December to take Nalunaq through commissioning and to accelerate growth across the portfolio.

It’s only a guess, but I’m thinking it won’t go down that far, as from what we know, progress, rather than the opposite, is being made, and Amrq is now earning, though not a lot until maybe 4th quarter - unless there is a determined individual seller(s) well in profit.

A further passing mention in his monthly wash up.

‘Then we come to Amaroq Minerals. The stock has given up its gains and has fallen by 6.3% year-to-date to 98.4p - possibly a combination of Trump-Greenland euphoria wearing off, muted news flow since first gold in November, and possibly the harsh Greenlandic winter.

I covered the stock very recently, so would rather not go into too much detail - except to point out the recently announced world-class grades, alongside the MRE update and 2025 exploration plans to be shared later this month.

Production numbers will likely come in early Q2 - but remember, AMRQ is commissioning, so has until year-end to hit that magic 300 tons per day.

I think anyone now investing has a very good price - but again, only you live with your wins and losses.

Overall though, I’m up 15.4% on the three so far this year. I’m staying in all three for the big paydays - so will be back to check in again next month.’

https://thatstocksguy.substack.com/p/small-cap-mining-march-review

How does that work then? You can buy, or sell, at any price on offer. Or is your view it’s sort of follow my leader?

‘Further, the AISC will fall as contractor use reduces’ - I note Amaroq are already recruiting their own mining team.

Https://substack.com/app-link/post?publication_id=1504413&post_id=158035058&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=4xupfa&token=eyJ1c2VyX2lkIjoyOTg3MjQ2NjIsInBvc3RfaWQiOjE1ODAzNTA1OCwiaWF0IjoxNzQwNzM0ODA4LCJleHAiOjE3NDMzMjY4MDgsImlzcyI6InB1Yi0xNTA0NDEzIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.zAiTykTbGJUf0kemWvP2W20qBTlTpzMWYFOLaa0hcaw

And if all goes well and they do find their way clear to the under consideration London Main Listing, in time, well, it’ll be all go, won’t it?

Old Eldur’s careful, but he isn’t hanging about on his quest for growth.

Then there’s the still early days copper and what have you, exploration, on the back of Nalunaq funding.

Interesting, and hopefully rewarding, couple years ahead.

Vagar Ridge.

Plus, hopefully, resources to come in due course as self-funded ( from Nalunaq )exploration elsewhere progresses alongside Nalunaq production/revenue and further exploration.

“Amaroq Minerals continues to unlock Greenland’s gold potential with advanced exploration at Vagaries Ridge and Nanoq, our most promising targets.

Near mine opportunities,including Eagles Nest, Lake 410, and multiple high-potential zones, offer significant upside to resource expansion, reinforcing our commitment to building a world-class gold portfolio.”

February presentation. https://wp-amaroq-minerals-2024.s3.eu-west-2.amazonaws.com/media/2025/02/Amaroq-Minerals-Feb-2025.pdf

April. An important RNS

In terms of revenue, Ggp is Tefer for the foreseeable, pending Hav FS.

FY 25 guidance will set the tone.