ARCADIA MINERALS LIMITED AM7 IPO Analysis

Arcadia Minerals

IPO Price 20c
Mcap 17.1 Mil
Cash 6.7 Mil
EV 10.4 Mil
SOI 85.5 Mil
Escrow Stock 51 Mil

Namibia Focused Explorer
Experienced executive team with track record from exploration to production

Project range:

• Advanced Tantalum project
• Battery-Metals portfolio (Nickel, Lithium, Copper)
• Gold exploration project

In-Country team led by executives to commence with exploration immediately


1st Let me explain what is Tantalum

Tantalum is a rare specialty metal generally found with niobium in mineral ores such as apogranite, columbite, coltan, pegmatite and pyrochlore.
It has an extremely high melting point of over 3,000° C, is virtually immune to corrosion and is superconductive for electricity. These unique qualities make it ideal for use in electronic capacitors, surgical equipment and implants, chemical processing equipment, vacuum furnaces, nuclear reactors, aircraft parts and cutting tools.

The electronics industry consumes half of yearly tantalum output, mainly in the production of capacitors for mobile phones, laptops and tablets because it is so good at storing and releasing energy, tantalum capacitors and resistors can be exceptionally small.This is crucial in the shrinking of modern electronics, such as cell phones and hard drives, and medical devices, such as hearing aids.

Swanson Tantalum Project

Good Regional infrastructure

Neighbouring AIM listed KZG.L Tantalite Mine 594, 000 tons @ 247ppm Ta2O5

Placer Development Ltd Historical Exploration

Regional potential: 6 pegmatite swarms consisting of more than 80 pegmatites

Current Focus: Historical “Swanson's Claim” block and the Tantalite Valley Complex around ML77

• Identified 15 flat dipping pegmatites
• Extensive pegmatite outcrop sampling and drilling
• Current focus on mineralised pegmatites with opencast exploitation potential

Maiden Drilling Campaign
23 DD holes (22 DD holes intersected pegmatites)

Mineable widths and grades intercepted are extremely positive

Pegmatite1.07m - 2.59m Wide (2.1 Av.) 275 – 618 ppm Ta2O5 (424 Av.)

Pegmatite 1.41 - 8.67m (4.5 Av.) 227 – 458 ppm Ta2O5= (332 Av.)

Pegmatite 1.55m - 9.55m (4.3 Av) 236 – 436 ppm Ta2O5 (331 Av.)

10 pegmatites > 300ppm Ta2O5




Global Ta2O5 Grades




Kum Kum Porject

3 underexplored mafic complexes with discovery-potential for magmatic-hosted Ni-CuPGE massive sulphides
Historical drilling results (up to 200m depth).....Ni: 0.21% – 0.58%over mineralised widths of up to 30m
Cu: 0.30% – 0.50% ....over mineralised widths of up to 30m
Surface sampling 4.62 % Ni and 6.3 % Cu ......PGE: 0.51g/t - 1.03 g/t

Solid Newsflow expected for next 12 to 24 months




Conclusion

Due to many IPOs listing at the same time and also due to end of financial year , I am not expecting any fireworks at open or in short term but looking at the quality of assets and being one of very few listed Tantalum project I am expecting it will do very well in medium to long term. CPS capital IPOs generally do very well and have a great on market support i.e COD 30c IPO SP $ 1.45 ....FRB 20c IPO SP 56c etc so expecting the same here

Matching is showing It will open around 20c which is pretty much what I have expected

Lets see where we will go from there

GLTAH

ALL IMO

PLEASE DYOR