Member Info for Culpepper

I mean, everyone understands, management, it all based around Nalunaq, for a few years. It’s the strategy.

Yet you don’t see it?

Theyre miners, going on producers, and explorers on top. What majors might look to.

They’re looking to expand Nalunaq, beyond existing LOM - 7/10. years.

It’s what all junior miners do.

They’re looking at bulk sampling soon, from Nanoq, to enhance production.

So what’s your negative point, in reality, as miners/explorers go?

It’s in the hopeful, maybe even probable, region, that it’ll happen

I don’t know.

Why don’t you lot realise that nobody here, as proved, knows no more than anybody else.

And go with your own conviction.

well, cheeky boy, i done my bit, a couple thoughts, like they all do, is all. knowing sweet fa, like all, til a rns comes,

you do yours.

i don’t give a ****.

just want the price to go up.

but you and yours can be unpleasant about it.

the board seems to like that.

i won’t post again, for a while.

it has no more merit than the rest of the nonsense,

And it’s very hard to envisage that sort of balls up, isn’t it? Quids in, or nothing sort of thing, for the company.

And priced accordingly, then, as explorer only Which seems the present view..

According to Culpepper.

All the best, to the few participants on this particular bb.

Say what you will, it’ll come down, regardless of passive buying, to company RNS.

You lot really should lay back a bit. Mms don’t aim to lose money, buys v sells, and so many trades are without mms, just notified.

Investors don’t rely on conspiracy theories, for goodness sake. Just BBs milk it for something to say, with no evidence, either way.

Grow up, over 12 months or so, past and future.

laying my own cards on the table, it’s a conviction investment. not so much a punt, with all it has, apparently, going for it, and income, at least expected soon. lots of it, unless there’s some major technological in mining terms, mess up.

i guess there’s reticence that they can ramp up.

complete **** up if they can’t.

And drilling.

You can complicate it as much as you want.

They will be very foolish not to at least meet next quarterly results as published as foreseen.

It’s only my view, but I think if there’s anything in Greenland, Amaroq, with a progressive, growth orientated CEO, will be part of it. To advantage. And others are watching.

Interest is growing, or the proposals for Suliaq would not exist to support it. ( we await something on that )

Nor the suggestion for full main London listing next year.

The price is everything for private investors. Whatever passive investment does.

Underlying that, and supporting it, is company progress.

So, you know, it’s down to drilling results and the quarterlies.

LOM for Telfer, at profit, tucking away cash for Hav advancement.

And whatever comes in Hav FS, and the already decided, DTM.

I was expecting some results as they head towards a further MRE on Nalunaq, and a maiden on Nanoq - and CEO indicated in the last earnings call there was a busy reporting season for the company.

Anyway, at Nalunaq we know they continue to mine and stockpile ore, at high grade ( originally hailed as world class - grade being king on cost )

Currently, I look to Nanoq - following the quartz veins, to see what comes from that, with a view to bulk sampling and if all goes well, enlargement sometime of the processing plant.

Course, got to get to the first target of 300 tpd, at 94%, before getting carried away.

Amaroq has applied for - and expects approval of - a new licence covering the Minturn IOCG (iron ore, copper, gold) target in Inglefield Land, Northwest Greenland. Upon confirmation, the Company intends to complete a reconnaissance visit to evaluate logistical considerations and collect a comprehensive suite of geochemical samples. These efforts will support detailed targeting and planning for the 2026 exploration season.’

They now have the licence - 2 days ago - ‘The Amaroq exploration team have arrived at the picturesque town of Qaanaaq in Northern Greenland to commence exploration on their newly approved Minturn iron ore, copper gold exploration licence.’

Best I can do to maybe help with that and there being no published guidance as such, I quote again what Mr. Olafsson said on earnings call, last November, for 2026.

And they are still stockpiling, mining costs going into this year on that……

And sometime getting to 450 tpd.

“So we haven't given guidance. But if you look at the dashboard, you can look at -- you can use these 3 parameters. So you have we are looking to be at 300 tonne per day, 94% recovery, and then you can either use 12 gram or 16 gram. If you use 12 gram, that should mean 40,000 ounces annually. If you use 16 gram, that's 50,000 ounces. You then say that times the current gold price and that should give you somewhere around USD 130 million for that year. And then you run your all-in cost, which is CAD 5 million to CAD 6 million, call it, USD 50 million on an annual basis. So that's kind of -- you can have different view on gold price, you can have different view on our capability of ramping up but that's the dashboard that we're working on. So that makes sense.”

And then they bring on Black Angel, next year. All that stuff.

Exciting times, as they might say, on the old BBs!

And USA buying in somehow?

Who knows what, eh?

Haha.

“though they run it up and down as suits. “

i think they’re limited here, thinly traded. and suggest it’s quite simple for them on orders, and within normal market limits on on -line internet trades.

wait and see rodney, when the gold from nalunaq translates to revenue! with nanoq even better. and a huge copper anomaly, bit rare earth tincture of violets. plus huge orders for their hydro expertise, and hiring out boats, rigs, and all that ****e.

world’s your lobster!

Thanks Trek.

I’m old fashioned. Don’t go for the mm bit as particular clever asses, rather just reactive business as usual, all shares.Though they run it up and down as suits. Just what they do, to make money on a spread, at a time, looking for a sweet spit.

More buys than sells it goes up,

There’s analogies there. Some may get my own drift, some not.

Or think it’s old man ramblings.

Catch you later.

All the best.

One or more of these AI companies will come to dominate. They all give fair warnings in their tech infancy. And understand scepticism.

Old Musk bungs rockets up. Claims each failure is an advance. I sort of see that. Bull by the horns.

There’s been some interest around the place, in AI and what it spews out. Some pee on it.

This is what I got, which, though not mentioning Hydro power and Suliaq, seems OK.

Amaroq Minerals has recently received strong investor support through multiple significant capital raises, including a £45 million fundraise and a previous £27.5 million effort, indicating confidence in its strategy to unlock Greenland's mineral potential and advance its Nalunaq gold mine and other projects. This support from institutional investors in the UK, US, and Europe, along with strategic backing from the Danish state fund EIFO, suggests a positive outlook for the company's ongoing operations and future development. 

Investor Support and Funding

* Recent £45 Million Capital Raise: In June 2025, Amaroq Minerals successfully raised £45 million through a significantly oversubscribed fundraise, demonstrating strong market confidence. 





* Strategic Investors: The fundraising saw substantial interest from institutional investors across the UK, US, and Europe, with notable participation from the Danish state-backed export and investment fund, EIFO. 





* Prior Financial Strength: Earlier in 2025, Amaroq had already secured its financial stability by raising £27.5 million without incurring debt, a rare achievement in the mining sector. 





Commitment to Growth and Development 

* Focus on Greenland's Mineral Wealth: Amaroq is dedicated to developing the mineral potential of Greenland, focusing on gold and strategic metals.



* Operational Progress: The capital will fund the expansion of the Nalunaq gold mine in South Greenland and support technical studies for the new West Greenland Hub.



* Exploration Efforts: The company is also accelerating and deepening its exploration drilling programs in the region.



Positive Market Sentiment

* Confidence in Strategy: The successful fundraising and strong investor interest reflect broad market backing for Amaroq's strategy and growth prospects. 





* Transparent Communication: Amaroq's regular updates through its London Stock Exchange announcements reinforce its commitment to shareholder value and transparency. 



Course, you have to double check and all that.