Member Info for EarlofAim

already Glencore has stake in Group Eleven,also

ArkleResources has 24%

https://www.australianmining.com.au/news/glencore-ventures-to-ireland-for-zinc/

dvharrison
did you get a response?

Maybe Group Eleven or Glencore wants to buy ArkleResources out?

who knows,

probably the best way to get out of Group Eleven, is to sell 24% of Arkle shares to Glencore, I'm sure Glencore would pay minimum £25M

then focus on the two Irish gold projects Inishowen and Mine Rivers

Brent $82

WTI $78

UOG down 50% from 6p

couldn't make this up, what's going on?

no one needs to listen to me, however do listen to the Geologists and
according to this video news this week

I made it easier for the listeners to watch from

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

according to this video news this week

I made it easier for the listeners to watch from

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

this is for Auc1

do some research, my post was previous to this video,

16 September 2021
Chairman Commented on Stonepark Resources

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

Auc1

you missing the potential here, forget what happened in the past, Looking at the YouTube video which happened after my post, so do some proper research,

Dvharrison
My opinion of Arkle resources was formed on the back of your negative posts and the timeline, however after Watching This video on YouTube posted 16 September gave me alternative opinion.

after watching below video, I reckon something big is coming.

16 September 2021
Chairman Commented on Stonepark Resources

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

16 September 2021
Chairman Commented on Stonepark Resources

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

16 September 2021
Chairman Commented on Stonepark Resources

watch from 18Min 20 sec
talks about Stonepark, Rns in 10 days to 2 weeks.

so from 16 September two weeks is any day this week.

https://youtu.be/uScR2jVPnRc

Auc1

a lot can happen from 10 September to 4th October.
let's see if rns brings good fortune to Arkle resources.

Mcap tiny

Geologist looks upbeat, so looking good for the drill results.
yes management could do with some new personnel.
nothing wrong with that.

gino

i know current Zinc price is higher than what Dvharrison used to calculate, its not a problem. these calculations are just for indication purposes. I'm sure 10 Bagger would make lots of holders serious money.

38 bagger is based on the Dvharrison calculations

Current 5MT resource @ lets say 11% zinc is around 550000T and 2.5% of Lead is 125000T

We own 24% For round numbers, say 132000T and 30000T respectively.

Lets say :
$2700 p/T = $356M or £261M for zinc
$1900p/T = $57M or £43M for lead

If we assume 50% of removable (id suggest thats bare minimum) thats £152M

Minus 30% costs and tax thats £106M against a £2.7M MCap

Current 5MT resource @ lets say 11% zinc is around 550000T and .5% of Lead is 125000T

We own 24% For round numbers, say 132000T and 30000T respectively.

Lets say :
$2700 p/T = $356M or £261M for zinc
$1900p/T = $57M or £43M for lead

If we assume 50% of removable (id suggest thats bare minimum) thats £152M

Minus 30% costs and tax thats £106M against a £2.7M MCap

Dvharrison
any chance of doing the calculations with 11% Zinc instead of 8%

i reckon £40m will be achieved if Glencore are willing to take on Group Eleven.
money talks, Group Eleven just being greedy and don't want to sell it cheap, hence Glencore should offer more.
Then there's gold on top of That.

however the big question is, will group eleven come to some sort of agreement to sell the Zinc resource to Glencore?

Ireland do have fantastic grades of Zinc!

5m tonnes of Zinc at 11% grade
zinc per tonne c$3000

thats huge $1.65Billion