UK 13:16 Monday, 2 November 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.
The reason is not what it says about Amaroq (AMRQ) but that I suffer from extreme vertigo. Watch it and you will see what I mean. The key takeaways: this will be the second mine, Black Angel and a string of pearls (other deposits nearby, will be larger ( i.e longer mine life) than Nalunaq and will have greater free cashflows. Nalunaq cashflows will fund construction and then you are being told that, ceteris paribus, this prospect will plausibly be throwing off more than $300 million a year. Amaroq's market cap today is, at 97p, $607 million. These shares are absurdly cheap.
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