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Arcadia Minerals Limited’s (ASX:AM7) Recipe for success on ASX

Summary

  • Arcadia Minerals is anticipated to list on 22 June 2021 on ASX following the successful IPO process.
  • The minerals exploration and development company holds critical ingredients for success and is further bolstered by the ongoing commodity super-cylce.
  • Arcadia plans to commence the exploration activities at the flagship Swanson Tantalum/Lithium project shortly after the IPO listing.

All eyes are set on the Namibian focused premium minerals’ exploration and development company, Arcadia Minerals Limited (ASX:AM7), as it gears up for listing on the Australian Stock Exchange.

The diversified minerals explorer and development company is set to storm on 22 June 2021 at 12:00PM AEST following an initial public offering (IPO) that raised up to AU$6.4 million on successful subscription of up to 32,000,000 CHESS Depositary Interest (CDIs) at an issue price of $0.20 per unit. Further, a secondary offering includes up to 45,000,000 CDIs and up to 8,550,000 performance shares to the vendors of the project against the acquisition of the four premium diversified projects.

ASX: The ultimate destination for Investors

The pandemic headwind seems to be clearing as the global economy takes a repose and gears up for further recovery. The initial capital raised primarily from the IPO has already begun to gather momentum on the exchange. The year 2021 has already seen quite a few successful listings and has contributed towards generating healthy profits for Australian and foreign equity investors.  

Image Source: © Ymgerman | Megapixl.com

Despite the pandemic, ASX witnessed a 23% increase in new listings to 113. The IPO capital raised was lower by 23% at AU$5.3 billion as compared to the corresponding previous year. However, the market value of new listings, including IPOs, spin-offs, direct and dual listings, was up 148% year-on-year.

The Australian economy is considered to be recession free and has built a strong reputation as “The investment destination” for mineral resource companies.

The premium investment location has further been complemented by the commodity super-cycle. The commodity super-cycle bolsters the potential of the metals and mining companies to secure capital and generate values for their shareholders in the long run.

Why Arcadia?

Arcadia Minerals is a Namibia focused minerals exploration and development company and holds a strong suite of exciting Tantalum/Lithium, Battery (Ni, Cu, Li) and Precious Metals (Au) projects.

Arcadia’s presence in Namibia Source: Arcadia Minerals presentation

The management and technical team hold vast experience across exploration to production. The leadership is focused on creating wealth for its shareholders via accelerated exploration and development activities across its portfolio of projects. The company plans to commence the exploration activities at the flagship Swanson Tantalum/Lithium project shortly after the IPO listing.

The company’s portfolio includes:

  • Swanson Project – Advanced stage tantalum and lithium project with early development potential
  • Kum-Kum Project – prospective for nickel, copper, and platinum group elements.
  • Karibib Project – prospective for copper and gold
  • Bitterwasser Project – prospective for lithium-in-brines and lithium-in-clays.

Source: Arcadia Minerals presentation

The company already has an in-Country team and is anticipated to commence the exploration immediately with no pandemic related delays anticipated. The accelerated exploration program will include drilling activities and will generate extensive and continuous news flow.

Arcadia enjoys the support of its cornerstone investor, Raubex Group Limited (JSE:RBX), a renowned international industry name in mining infrastructure development contract and materials supply group.

All in all, the macroeconomic factors such as the commodity prices and the acquisition of Namibian projects underpins Arcadia’s potential. The company is making the right moves as it confidently looks beyond the IPO listing to head along the growth path.

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