Greenroc Mining Share Discussion Threads

[hedgehog 100] 03/11/2021 16:02

Dave,

As you know, an overhang is a double-edged sword.

It tends to create undervaluation, and when the overhang ends, the undervaluation can end.

And the bottom line is, that after GROC's cash, its 4 projects are being valued at little more than £1M. each.

Three of these projects should/do contain billions of dollars of metal/mineral in-situ, and the company is cashed up for a period of bullish newsflow.

It's been a bad six months for most mining stocks, so GROC floated at a depressed valuation, since when it's become even cheaper.

But the right mining stock can still perform well with the right news, e.g. IRON recently.

I've bought more GROC this week, and I will continue to top-up at such cheap prices.

I think the small cap. mining sector is moving to a stock-picker's market, where the quality and good value stocks delivering progress will be the ones to be rewarded.
Ultimately that's healthier, and better for investors who know what they're doing!

[dave4545] 03/11/2021 15:23

Fatal in this market to have a overhang from day one with so little buyers out there.

Everytime I check limits you cannot sell and they are offering underneath the spread

[luffness] 02/11/2021 17:51

So what happened to the fast track? Derailed already lol

[bobdown2] 02/11/2021 14:58

Its early days yet. Management need to prove themselves and buys need to take the price above the share offer price.
Hedgehog 109,s post showing the value of the minerals etc show that there could be a nice rise from these levels. Look out for any rns statements as it will take time for the company to develop the assets

[hedgehog 100] 02/11/2021 09:01

Ryan,

LOL, you really are a silly, thick little tit, aren't you.

Large mining companies don't look to acquire projects at earlier stages, so why would one have come in for Amitsoq earlier?

But years have now been spent taking it to an advanced exploration stage, and it is shortly expected to establish a maiden resource from the drilling this summer - a value-enhancing event.

Then work will begin on economic assessment, which itself is a value-enhancing event, and can act as the basis for obtaining mine financing, or project sale.

It should have billions of dollars of graphite in-situ, at great grades, very accessible, and in a safe jurisdiction.

Of course other new graphite projects will be coming on-stream this decade, but they won't be enough to plug the supply gap -


"Global Graphite Market Industry Analysis 2021-2025: Natural Graphite Show Promise of Growth as Flake Graphite Finds Application in Vehicle Batteries - ResearchAndMarkets.com
November 01, 2021 05:23 AM Eastern Daylight Time

The global graphite market is expected to witness a positive outlook between the forecast years of 2021 and 2025. The demand for graphite will be determined by its usage across applications such as construction, electric vehicles, foundries, refractories, and lubricants amongst others.

According to the research report, the global graphite market is expected to be worth US$26.8 Bn by 2025 from US$16.4 Bn in 2017, registering a CAGR of 8.5% during the forecast years. The high uptake of graphite across industries will be attributable to its excellent properties of thermal shock resistance, stiffness, better strength, and a good conductor of heat and electricity. ..."




Graphite: 2021 World Market Review and Forecast to 2030
Date: Oct, 2021

... About Graphite Market

• global graphite industry has witnessed stably growing demand and tight supply in recent years
• ongoing shift to alternative energy influences world market for graphite (used in Li-ion batteries production)
• China will continue to dominate world supply but its share will decrease; the country keeps on implementing mining regulation plans and developing downstream
•new projects in other areas are being developed but still some supply shortage is expected ..."

[ryanrhys] 02/11/2021 03:04

The world is not desperate for more graphite and since it saw a gap years ago filled it with plenty of new mines, producers and new tech to make synthetic cheaper.

You actually know nothing about the world's markets and graphite, most under produce because supply has well outstripped demand.

Suggest you do some real analysis not just ramp because Alba have a useless empty barren liscence.

If it was desperate you would have had interest but for years and years nobody has even batted an eyelid at your useless asset!?

Facts are facts, Google it stop talking rubbish you moron!?

[hedgehog 100] 01/11/2021 17:14

RyanRhys 1 Nov '21 - 04:24 - 35 of 37
" Isn't GreenRoc just another pump and dump just like George did with these assets at Alba!? ..."


Ryan,

Apparently you've claimed to have made money on Alba, when it was ten-bagging last year, so maybe you were the one doing the pumping?
Under you previous alias of course.

But well done on the consistency of your post above: eleven paragraphs, and every single one of them is lying! Now that is going some!!

The world is desperate for more graphite, which is why the price is so strong.

And investors will be fighting for a piece of GROC's Amitsoq graphite project: a quite stunning and unique opportunity.

"GLOBAL GRAPHITE SNAPSHOT: Tight supply drives up amorphous graphite prices
By JON STIBBS, SYBIL PAN
Published: Thursday, 21 October 2021"

[luffness] 01/11/2021 08:42

I'll pop back in a few years when the share price is a fraction of what it is now and production is still years away

[bobdown2] 01/11/2021 08:23

The moron ryan agreeing with luffness. Gives luffness zero credibility
Ryan's post 4 in the morning. Bed time for normal people.
Visit alba,s plusonecoin posts and see the lies that Ryan has posted about the ceo. But the ceo will not be bothered with this worthless morom.
But libel and defamation spring to mind.

[luffness] 31/10/2021 12:07

Almost as quick as losing 20% here

[hedgehog 100] 31/10/2021 11:11

luffness 20 Oct '21 - 18:23 - 21 of 32 0 1 0
"Assets that are probably a minimum of 10 years away - how many fund raises between now and then?"

luffness 29 Oct '21 - 19:10 - 28 of 32 0 1 0
"Just introducing an air of reality here - given the 10 bagger and mine is being fast tracked nonsense being spouted.
Happy to wager production is 5 to 10 years away and there will be plenty of opportunity to get in cheaper should one want to"

luffness 30 Oct '21 - 21:48 - 32 of 32 0 0 0
"So 5-10 years then and plenty of fund raising to do"


So Luffness, in the space of barely a week, has gone from 'minimum of 10 years' to '5 to 10 years'.

Perhaps he should change his username to 'Fluffiness'!

[luffness] 30/10/2021 22:48

So 5-10 years then and plenty of fund raising to do

[hedgehog 100] 30/10/2021 19:53

It won't necessarily be GROC itself who brings a mine or mines into production: they may sell it to a major, or JV with a major, retaining a minority stake.

But the timeline should certainly be faster than if the project or projects were not being fast-tracked.

It should also be faster than projects in less favourable jurisdictions, with less accessibility, higher costs, less desirable metals, smaller deposits, lower grades, and at an earlier stage of exploration.

And faster than when battery metals mining was in a bear market, rather than a bull market.

But I wouldn't want to put an exact estimate on it.

[luffness] 30/10/2021 16:54

Well let's turn it round - when do you thing they will have a mine in production?

[hedgehog 100] 30/10/2021 12:24

Luffness,

Fast-tracking projects is a particular mining strategy; one that is not suitable for all projects, and which may not be the selected strategy in any case.





I'd be happy to learn why you apparently think that GROC's two most advanced projects aren't suitable for a fast-track strategy.

[luffness] 29/10/2021 20:10

Just introducing an air of reality here - given the 10 bagger and mine is being fast tracked nonsense being spouted.Happy to wager production is 5 to 10 years away and there will be plenty of opportunity to get in cheaper should one want to

[hedgehog 100] 29/10/2021 18:00

I would add that I'm trying to 'GROK' where you're coming from, but I just don't get your negativity!

[hedgehog 100] 29/10/2021 17:55

Luffness,

I've been investing in mining shares for decades, and have just had a major winner in IRON (Ironveld).

A mining company can increase in value by multiples long ahead of production, as it passes important milestones, raising money at progressively higher prices.

Two of GROC's projects are in advanced exploration stage: one has a resource, expected to be significantly increased shortly from the drilling this summer, and another is expected to establish a maiden resource from the drilling this summer.
I.e. two value-enhancing events which are imminent.
Do you disagree?

Then work will begin on economic assessment, which itself is a value-enhancing event, and can act as the basis for obtaining mine financing, or project sale.

So it's actually pretty advanced compared to many mining explo. companies, in a safe jurisdiction, and with the right metals at the right time.

What's not to like?


In addition, the fact that GROC is a spin-out is a major bull point, as spin-outs on average greatly outperform the market as a whole. -

"Mar 5, 2019,10:38am EST|4,108 views

Spin-Offs Outperforming The Market This Year

Joe Cornell Contributor

Markets

You can beat the Street. At a time when many professional investors lament that the proliferation of ETFs and widespread use of screening techniques have made it harder to find bargains in the stock market, one simple investing approach continues to outperform: spin-offs.

Spin-offs have long been a fruitful investment area; a number of academic studies show that they historically have generated far better returns than the overall stock market. A spin-off occurs when a corporation issues stock in a subsidiary to its shareholders to create a new public company. A related corporate event is an IPO carve-out, through which a company sells the public a stake in a unit, while retaining the rest of the division. (Sometimes, the remainder is later distributed to shareholders).

The Bloomberg U.S. Spin-Off Index, composed of companies spun off from larger companies within the past three years, has outperformed the broader market by nine percentage points since the start of the year through Tuesday (February 26th). The 35 member index contains equities with a value over $1 billion that were spun-off from U.S. companies. ..."

[luffness] 29/10/2021 17:15

So still in exploration phase but fast tracking a mine apparentlyPeople here clueless about timescales, costs etc

[hedgehog 100] 29/10/2021 15:50

From GROC's AIM admission document, 22.9.21:

"3. GreenRoc Strategy

GreenRoc’s strategy is to develop mining projects in critical, high-demand and high-value minerals. The Directors believe that the suite of assets which GreenRoc is acquiring pursuant to the Acquisition Agreement fulfils these criteria.

In 2018, the US Department of the Interior published a list of 35 mineral commodities considered critical to the economic and national security of the United States. This list of critical minerals included graphite and titanium, the primary ore of which is ilmenite. In 2020, the European Commission (“EC”) published its latest ‘List of Critical Raw Materials’, using economic importance and supply risk as the key determinants of criticality. The 2020 list included graphite and titanium as critical raw materials. According to the EC, China provides 47% of the EU’s supply of natural graphite and 45% of its supply of titanium, highlighting the EU’s overdependence on Chinese supply.

These moves by two of the largest markets in the world, the US and the EU, support the Company’s strategy of seeking to fast-track the development of Amitsoq and Thule Black Sands. GreenRoc’s objective is to have at least one, if not both, of Amitsoq and Thule Black Sands firmly established as development projects within 12 months of Admission. In the next 12 months, the Company’s objective will be to commence work on the environmental and social impact assessments which will, once completed, enable GreenRoc to apply for an Exploitation Licence at one or more of the Projects.

GreenRoc will not be reliant on a single commodity but will have a diversified commodity mix, including high-value and critical minerals. The Directors believe this will make the Company less susceptible to the vagaries of market conditions and fluctuating demand for a single product.

The Directors believe the establishment of a Greenland-focused AIM-quoted company creates the opportunity for GreenRoc to build a significant market value, given the market capitalisations of other AIM-quoted mineral exploration and development companies whose principal mining assets are in Greenland. Bluejay Mining plc (LON: JAY) has a market capitalisation of GBP £114m, while AEX Gold Inc. (LON: AEXG) is at £48m. Further afield, ASX-listed Greenland Minerals & Energy Limited (ASX: GGG) has a market capitalisation of AUD$161m (GBP £86m) at an exchange rate of 1 AUD: £0.53. All figures are correct as at 22 September 2021 (rounded to the nearest million).

While highly prospective, GreenRoc’s mining assets are still currently in the exploration phase, so GreenRoc stands to be able to add significantly to their inherent value through exploration success and progressing one or more of the Greenland Projects into the development phase, especially as GreenRoc has executed significant drill programmes at Amitsoq and Thule Black Sands as recently as the summer of 2021.

Those drilling programmes should lead directly into independent test work and Mineral Resource estimation work in Q3 2021 followed by detailed scoping studies/preliminary economic assessment work in Q4 2021 and Q1 2022.

GreenRoc is focused on developing mineral projects in Greenland. There is increasing focus on Greenland as a strategic jurisdiction and increased attention being placed on the potential of its mineral wealth and its large-scale, undeveloped mineral deposits. GreenRoc will be in a strong position to capitalise on that interest as a Greenland-focused mining company."

[luffness] 25/10/2021 11:31

Mine is being fast tracked - hilarious.

[bobdown2] 25/10/2021 09:13

Some work has already taken place and the mine is being fast tracked.
However alba have taken the clogua route. And that tells it's own story. But as an asset improves in value so does its share price. Dilution will take it lowered until revenues start.
Greenroc is now a stand alone but the welsh site is backed by the share of the horsefield site and that can be sold if required. Alba,s focus on clogua should point investors in that direction. The emphasis should be proving commercial gold.