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Lets be realistic.
RNS confirms production has begun and they are expected to get some volume out by end of Jan. Full production will be Feb/March.
Surgical and FFP2 still need secondary licence which they are waiting on.
I think 6p is realistic, possibly the 11p you predict pending production results/confirmed sales and money on the bank, but more likely End Feb early march RNS.
1 week course....says its all. People, myself included have been trading for 18 years and would never say this share would be 6.5p by month end.
Ginos the man with the figures here. I cut and paste what he says to make myself look cool ;-)
No. Its 9 million shares so MCap wont be effected really.
It could be the time had lasped and they had to exercise the warrant today (most likely given then time) or they decided to exercise them due to news coming??
The only thing that will effect this SP is the next RNS operations update which should be out before end of Jan (hoping this week).
Its an exercise of warrants. So converting warrants into shares basically.
9 million shares for 80k.....someones gonna be swinging from the ceiling.
I think if RNS results are good expect 4/5p rise to a tail off to 3.5p give or take.
If Glencore want SP I think Ark could name their price TBH.
SP when Arkles share of SP is sold??? This will be roughly after we have had some drill results for the gold an the 2 projects....in 10/12 months this could be 15p+
Spread back at 11% must have been an error at 5.56%
5.6 spread wow
2p before news would be nice.
Probably not 1mill shares in one go available??
Still over 10% spread...keeps most mms away.
Going through old archives of Stonepark which was discovered by Tech Resources and Connemara (Now Arkle). In 2008 Stonepark (a long time ago I know) was intersected and confirmed high grade Zinc/Lead deposits.
In 2008/2009 Arkle's share price was 40p. Unsure of previous projects back then but the results the the initial SP deposits could have caused the high SP.
Looking at 2020/2021
We have Stonepark
X2 exciting gold projects with drills starting in early 2021 (This year)
Mine River and Inishowen
Other Zinc projects ongoing:
Oldcastle
Ladyswell
Kerrydearn
Could we reach 40p again??? We have a promising 6/12 months ahead IMO.
2010 thead.
https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.euromines.org/files/publications/ireland-land-opportunity-26-march-2010.pdf&ved=2ahUKEwj5mpDD5aPuAhU1Q0EAHeVdADc4ChAWMAB6BAgFEAE&usg=AOvVaw1NRFDwXsE0vqJwTqhd5ytJ
**Sweet** Not sweat, my teeth do not sweat.
I quite like the fact that the potential sale of Stonepark and future gold updates would also be a great desert and coffee (I have a sweat tooth)
mms for you.
ITD
Hahaha
I feel like a kid on xmas eve
Hold tight. SP might touch 1.50 but dont bail otherwise MM's will have your shares. Already seen the massive rise earlier in week as shares were becoming scarce.
Ignore the blue and red buy and sells....
DV I forgot about that one.
Oh and 40% of Net profit usually is used for rule of thumb....so at 120mil I would say 48mil.