Member Info for perroverde

I suspect the 'big trades' were bed and isas, similar types of crossed trades occurred at BOD today too.

I agree that this will need G11/Glencore/Stonepark action to get things moving but all seems to be quiet for the moment.

At least I can't imagine they need to raise much if any cash in the foreseeable future, hopefully not at these levels anyway - £1m mcap! there are shellcos valued at more than this.

I think it fair to say that Vast need the diamonds loot (if they ever get it) for repayment of already overdue debts plus presumably investment back into licences in Zimbabwe and possible new projects in Romania. Highly unlikely there’d be enough left for Ghaghoo/KX36, those need friends with sector/underground expertise and reasonably deep pockets.

Agree TR - this is one of the best boards around in my view. But there may be dark secrets which can only be shared in a private setting! Lol

Personally I am very excited about what’s potentially in store.

Echo sorry gave wrong profile name my Tele is perroverrde with 4 ‘r’s (no idea why!)

Happy to have a chat over there. Same profile name as here (with an ‘at’ at the front.

Good price! I may know who paid .95 for the 250k too... No idea if there is any more behind them though, just took what was on offer. There was a few more being offered at that level yesterday but I was too slow.

Roll on some news!

Indeed indeed! If he’s who I think he might be he certainly knows a thing or two about the metals/mining sector and I doubt he’d put that sort of money up on a whim!

Perhaps Johnno could add “It’ll never be cheaper, and £20m isn’t much more than you spent buying back yet more of your own shares yet again today (£15m ish)!”.

Ref Goldy's lithium idea, FFS I hope not either!
Ref CLON, if David is/was actually on his way to or from Australia, that could be very significant for CLON. But that's another story, not for here. And definitely not for repetition to the cesspit over on the CLON board!

Echo - DH really must have too much going on, not least with CLON (I'm a holder there too), to be merely sightseeing on Mars or popping by for tea with James. I suppose it could be 'en route' to/from CLON business in South America or Australia, but it's unlikely I'd have thought.
It's Ghaghoo or something corporate.
Rampetty Ramp lol (although ramping here would make little difference in any case, it's so far under the radar!)

Maybe both!
I seriously doubt he'd be there just to receive the TR permit though (especially with all the CLON stuff on going), and the TR deal with Riann Timm is already previously agreed (I think?).
Must be Ghaghoo then!
Ramper, me....? lol

Echo, BFFM, how interesting to see David Horgan on site. Shouldn't he be busy overseeing all the excitement at CLON?
Whatever he's there for, it's presumably important. Ghaghoo deal, maybe?

BM - can't disagree with any of that. Remember, though, that Glencore previously tried to buy the stake out, for £11m (maybe it was $s) IIRC, but it was when ARK's share price was a multiple of today's. And Johnno T does have a track record as a mercurial dealmaker with quite a bit of personal interest here, so I doubt he'll give it away too cheaply. The option for Glen to simply dilute ARK into oblivion is of course always there, but as is well known they are awash with cash and would presumably prefer to own the whole lot in the longer run, not least as they own PallasGreen next door. It's going to be interesting to see how this plays out.

It’s interesting to note the Cleantech Lithium/Chile debate regarding the Chilean State’s inclusion of insistence on collaboration with local communities in ita latest move. Bolivia is likely to make similar demands of JV partners (why wouldn’t it) which makes the Guarani agriculture project all the more pertinent (and critically sensible).

Re G11/dilution, maybe so, especially based on what we think ARK's share may be worth.
Glencore's view may, I suspect, be rather different, especially given that they already own 23% of G11 in any case.

This interview was posted/retweeted on the G11 tw itter feed a few days ago. It gives an interesting insight into the view of another major shareholder, Michael Gentile, a 17% holder of G11 alongside Glencore. His enthusiasm for Stonepark is very clear:

https://twitter.com/PeterGrandich/status/1645795978153447424

News on lithium could indeed see a run-up.
And news on Stomepark could be transformational!

I think G11 did a raise not too long ago so probably have at least part of any funding required to do a deal (if it were to happen). In any case Glencore are awash with cash as underlined by their share buy-back programme recently amounting to $millions per day - day after day after day. This would be back pocket money to them, and although some folk say 'but they won't care, they'll just dilute ARK out' I suspect they'd prefer get rid of the pesky minority shareholder cleanly and quickly so they can move on with it.
The ARK interest in lithium could fit well with its sister company CLON... how about ARK sells its Stonepark interest and merges the remainder with CLON in some manner, thus creating a cash-rich lithium-centric entity.
All pure speculation on my part too of course!

Auc - I think an update on the last drill at Stonepark is due? Remember they are 20+ percent Glencore-owned...

If only to inject a bit of life into things here… I note that the Group 11 share price is uo nearly 50% in the last couple of days. And Stonepark news must sureily be soon?