UK 06:11 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
At 86.5p post placing Amaroq (AMRQ) is valued at c £400 million. I think that its Nalunaq gold mine which will be onstream, within months , and its existing gold exploration sites and base metals operations justify a market cap of at least £700 million, 151p. But what of the Black Angel mine bought today for £10 million. It was once the flagship asset of Angel Mining which went bust but before that Boliden mined it very profitably for 17 years. So what is it worth?
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