Member Info for Culpepper

https://www.lse.co.uk/rns/AMRQ/sava-licence-exploration-results-nrsf7buciht7ziw.html

‘I am delighted to announce to the market today that our 2022 exploration programme at Sava, which was only designed as early stage reconnaissance, has identified copper, gold, silver and molybdenum IOCG style mineralisation across three sites. These results confirm that Amaroq holds a significant licence area covering a large scale, highly prospective strategic metals belt.
"The potential for Greenland to supply strategic energy transition minerals is highly significant for Western Governments and companies to reach their decarbonisation targets and secure supply. These results will cast no doubt on the opportunity and the recently announced JV deal with GCAM gives us the financial resources needed to conduct a thorough exploration programme going forward with the aim of making large scale discoveries across our strategic mineral portfolio.'

https://www.marketingweek.com/wickes-machine-learning-targeting/

We knew about that. Retail week picked up on it. Ongoing.
https://www.retail-week.com/home-and-diy/wickes-embarks-on-new-store-opening-programme/7042753.article?authent=1

And you then really need batteries, which need metals, which needs mining. Can’t quite get to gold though, on this so far.

Ben’s Cubitt didn’t foresee the ‘enlightened age.’ Just wanted to keep the bread coming with punishment thrown in.

save energy.
It’s the weekend, isn’t it?

Or they could cut out the middle man and run/cycle to work and places, and use energy by not using ‘energy-saving’ devices.

Shows a little uptick in October - not much, but non-food retail did OK by comparison.
https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/previousReleases

We’ve had ours.

https://www.lse.co.uk/rns/WIX/wickes-group-plc-trading-update-nx979y9tszh1abw.html

For anybody interested Kingfisher (B and Q ) Q3 out on 24th. Quite different business models though.

20th. October.
"I am delighted to announce the results of the Fundraising, which will prove transformational for Amaroq as we bring our cornerstone Nalunaq project towards production. I would like to welcome our new investors as well as thank all existing shareholders for their continued support, and I look forward to providing further updates as we continue to drive growth across our exciting precious and strategic materials portfolio."

Wyloo knew a good thing when they saw it, too.

And Wyloo is part of and has behind it the Forrest Family’s Tattarang Investment Vehicle ( with it’s 36% of Fortescue Metals )

“Thank god for Wyloo.”
Whatever happens in the future, reagard has also to be given to the fact that without Wyloo ( and Tribeca ) the bank funding commitment would not have been agreed as proposed.
“ Shareholders are reminded that the Fundraising is conditional, inter alia, on the passing of the Fundraising Resolutions to be proposed at the General Meeting. Should the Fundraising Resolutions not be passed, the Fundraising will not proceed. In such circumstances the Company will require additional funding to be fully funded for its 30 per cent share of the Havieron project development based upon the October 2021 2Mtpa Pre-Feasibility Study and there is no certainty on whether funding will be available or the terms on which it would be available.”

Another vote on renewing the authorities soon.

I know what you mean, but were it a rights issue then there would be less complaining! Probably. It just wasn’t worth that anyway.
On that, in the event, unknown, at a time, unknown, for a reason, unknown, that equity may, unknown, be issued, I should like to see the opportunity for it indeed to be open to pi’s, albeit underwritten. At the same time, I realise that certainly Wyloo will not wish to be diluted. But they could sort that out.
The last placings were for particular purposes requiring quick support, and better coming from those in the trade.

And in the meantime, I think it may be possible for those concerned to gain some comfort from the price directors will have to pay to exercise their options - the award of which I think Mr. Day said was part of the price paid to attract them.

Nobody can gain say that on funding.
In the nearer term, it is just possible there will be ex-Havieron opportunities, and funding, how it is done and if required, will be a matter for those best placed to make it. The ‘company makers.’

I ignore the 7.65. Bill payment by arrangement.
I don’t know, but I think a fundraise, if it happens, is unlikely to occur at a lower price on an improving asset, referring to Havieron.

Yes. But it is at a lower price now, which I can only see as a platform for improvement. And the placings were at 8.2, which having been bought into by experts would seem to indicate a realistic price discovery to the downside.
In the meantime, and until such time as there is new news, definitive news from sources other than this bb, the sp may slumber.

Getting to the stage on green boxes where you can only read your own posts I should think.

For the record.

https://www.lse.co.uk/rns/AMRQ/holdings-in-company-r1ou0462snjyyhx.html

Doesn’t say so as an event altering shareholding, but as they went down through on 3rd. November, more than likely it is a dilution re. that days share issue. Haven’t checked previous holdings.