Member Info for Culpepper

Of course you’re right, on buying in the market, yet that would not have permitted them, and according to Mr. Wyvill, to bring forward infrastructure for phase 2, of itself bringing 450tpd high grade forward, and improving earlier, the revenue stream the company seeks, which will first come at 300tpd, not far off in mining terms. They now have no need to rush about, to please me and you. Whilst having a new mine, diversifying their interests, in their back pocket.

Of course, the institutions canvassed to buy at a price, market price, and the company took advantage of the opportunity to strengthen the balance sheet until Nalunaq comes on line. At no cost to pi’s. Win, win.

And as Mr. Wyvill pointed out in interview, they’re shareholders too, and limited the opportunity to £45m.

From what I see, Amaroq is a straight up, take it or leave it company. Focused cautiously, on diversification and growth.

Just a quickie. Seems to me the synchronisation of announcements may be more relevant.

All the best.

Taken as a whole, the company assets, cash, over subscribed at this price (twice ), events to Christmas, seem diametrically opposed to share price movement as things stand. That will change.

Have a good weekend.

It appears a halt was called in Canada again, no idea of background.

https://money.tmx.com/quote/AMRQ/news/5907440602427641/Canadian_Investment_Regulatory_Organization_Trade_Resumption_AMRQ

Only just listened to that. As good an insight in basic terms as we might get, strategy and measured confidence on execution, backed by cash.

And I can see it all happening, over time.

For now, Nalunaq going well, and some excitement around Nanoq.

Https://www.lse.co.uk/rns/80M/sale-of-kangerluarsuk-project-for-up-to-us2m-s16vfki5qbbbj1r.html

Just in passing.

So Amaroq have a mine to reopen at Black Angel, and from 80 mile a partially explored parcel which has showed promise.

It’s a funny one, isn’t it. Somebody still coming out?

Next up in growth terms should be closure of the Suliaq JV.

https://www.lse.co.uk/rns/AMRQ/formation-of-strategic-services-jv-company-and-investment-by-jv-partner-ng1e5ogev8kz0u0.html

And they can start putting their little fingers in other peoples pies.

Thanks for posting.

I think a more intelligent response might have been that Telfer further potential is still being proved up, but no gap is anticipated according to Mr. Day

And the more cash can be put in the bank, it decreases the need to use the arranged,, subject to FS, debt facility.

Just got this off AI.

Investor-Initiated:

In some cases, reverse interest can be linked to "reverse solicitation," where investors proactively reach out to a company, seeking investment opportunities rather than the company actively soliciting investments.

And those institutions said, they want a bigger piece at 85p - ie they gone to company, not company to them.

My interpretation of institutional reverse interest, is that institutions have prevailed upon the company to improve its balance sheet going forward, to better influence the share price.

Anyone know better, please tell.

Some of the shallow posting on this board is, actually, daily educational to readers.

Well done.

And they’re coming off aim to main market London. That’s now clear - could have been Canada.

‘As previously disclosed, Amaroq is also evaluating the benefit of upgrading its London listing onto the Main Market of the London Stock Exchange, in order to access further market liquidity and broaden its investor base; further details of which will be shared with the market as appropriate, when a decision is made.’

Looking to future.

Fundraise - done and dusted.

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

‘Probably been selling stock to finance this placing!’

Cant see how you come to that conclusion.

Nevertheless, it’s at market price, same as before. 1p cheaper, is all. Good news at this stage.

Clear reasoning, growth, as described.

‘Earlier in 2025 we announced a significant 51% increase in overall contained gold at Nalunaq, following a successful drilling programme, demonstrating the deposit’s robust expansion potential. This fundraising will support the ongoing commissioning of the Nalunaq mine as we ramp up to nameplate capacity of 300 t/d processing rate by the end of 2025, and carry out further technical studies to confirm potential to expand processing capacity to 450 t/d going forward. The funds raised will also provide us with additional financial flexibility and market liquidity as we prepare for a Main Market listing in 2026.

We are also delighted to announce today two acquisitions in West Greenland – the previously operating Black Angel Mine and the nearby Kangerluarsuk licence area, which together will form our new West Greenland Hub, and we look forward to completing these acquisitions and commencing studies on the new licences. We are excited to be expanding our footprint in Greenland and further diversifying our commodity exposure, cementing Amaroq’s position as both the largest licence holder in Greenland and a natural proxy for investment in mining, energy and infrastructure in the region.’

Hopefully, that will do away with any thoughts on further dilution through any future fundraising, debt, before the company gets into commercial production, revenue, and FCF dependent on expenditure on exploration.

All looking rather good, trusting the steady CEO.

No more drivel than you Speedie. You might, or might not be right, on gold. I would prefer to diversify.

As it is, not up to you to moderate. You’re getting above yourself.

On the Wyloo comment, why would they necessarily want to buy Newmonts shares at this price, when they can call at 7.2? Or whatever. Unless they want to trigger a refused bid.

It gets wearing.

Thankyou Tom.

I have no wish to join a clan.

Tom.

Thanks.

My thoughts, gains and losses are my own.

All the best.

Don’t be surprised.

And Ive never knocked Ggp, just some of the posting, particularly around the Telfer purchase when it was ramped without thought.

And the much touted conspiracies, unreasonable shorters,( there was good reason from 38p, but not now.- so Hydro dropped that)

You, though you might not agree, get my drift.

Now some illuminati want divis….

Crikey.

Tom says I’m a non-holder.

There you go, on incorrect bias.