https://youtu.be/9cUW62dYpjw?si=hYeIcy-TdQdVWdMk |
You got Anglo American and Rio Tinto in greenland |
https://mine.nridigital.com/mine_mar23/greenland_graphite_purity |
The Amitsoq project has received approval for an exploitation license and has been designated as a Strategic Project under the EU CRMA. |
GROC, along with ~20 other UK companies, was specifically chosen by General Motors - a testament to our world-class Amitsoq project.This is very interesting, from their X , wait for news to ve released very soon I hope. |
Here's an eg.https://www.businesswire.com/news/home/20241217553740/en/NMG-Announces-US50-Million-Equity-Investment-from-Canada-Growth-Fund-and-the-Government-of-Qu%C3%A9bec-to-Support-its-Phase-2-Ore-to-Battery-Material-Graphite-Operations |
https://www.fastmarkets.com/insights/general-motors-aims-to-cut-electric-vehicle-costs-in-us-with-addition-of-lithium-iron-phosphate-battery-option/ |
If just a small fraction of that Morrow cash finds it's way to GROC the shares will rocket. Almost certainly the reason the MoU with Morrow was announced earlier this month.
No wonder the CEO has stated many times recently funding via non dilutive routes is the way ahead.
The shares will not be sub 2p for much longer. |
So will need graphite years before production here... |
Stelliantis also owns vauxhall motors, they are to build new cars to be electric by end of 2025 |
Morrow Batteries funding, $140m loan today, Greenroc MOU partner, will some of that money come GROC's way? You bet it will IMO.
Very positive for Greenroc, no wonder buyers were around today.
This company is so under radar yet offers a possible multi bag return, still only circa £3m m/cap. |
Nello Li PiraMaterial ManagerCRF - STELLANTISThis guy is from Stellantis, Stellantis N.V. and General Motors Holdings LLC, a subsidiary of General Motors Company ("GM") He is at the Raw materials week in Europe. They need batteries for their cars in Europe aswell as north and south America. Stellantis already have a huge battery factory in the US. Now they need Greenroc graphite from Greenland and to start trade again with Greenland which failed years ago. |
https://single-market-economy.ec.europa.eu/sectors/raw-materials/week/speakers_en |
https://www.mynewsdesk.com/morrow-batteries/pressreleases/innovation-norway-grants-nok-1-dot-5-billion-loan-facility-to-morrow-batteries-asa-3361196?utm_source=rss&utm_medium=rss&utm_campaign=Alert&utm_content=pressrelease |
GreenRoc was specifically picked by GM to be part of the Department of Business & Trade's trade mission, which is a great honour and testament to our world-class project." |
https://youtu.be/VH_pJrSvwuE?si=vizYSRgWLpsdp22T |
Too much competition from Europe and South America |
General Motors |
Ah but isn't that just the trap to get you to actually confirm the reason why MMs don't hold much and limit buys and sells.
Also it confirms there can be a massive overhang of unsold shares not held by MMs... Next up you explain who holds all these unsold shares that the MMs don't?
I feel we're finally getting somewhere.
So share price is not determined by buys or sells, that's something else I made a point of, we could also produce links to confirm or deny this statement? |
10% not 3%
Filtered I'm afraid, for stupidity and idleness. |
So yes they have to declare holdings lolol
Thanks for posting proof this is true.
And so your original point was wrong and MMs barely bothered want or hold much Groc plus limit buys and sells.
Perfect now don't you look stupid! |
tldr
UKLA Technical Note - Market makers |
 As to China restrictions I thought they said they weren't trying to blackmail the world just inspire it to find more of its own resources and not being so reliant on them.
Now in news stories we see all the success stories of countries who became less reliant and even Africa stepping up to start producing almost %50 of the worlds graphite needs very soon.
Your understanding of shares and the market is so very drill, Groc was always a long long long shot, when car companies went looking they found an infinite supply of assets with better prospects, infrastructure and size/grade elsewhere.
Grade really means nothing, some small caps band it round but all mines produce grades from high to low as well as being able to refine lower into more higher grades. This means a bigger deposit at lower grade than yours still supplies more high grade tonnage than you ever could. Look at some of the high grade products coming out of low grade deposits......
The market is also super saturated, there's no lack of it prices and production actually cut due to not enough demand. What happened was many new mines came on line as well as present ones upgrading capacity. Not once has someone said they can't get hold of a few thousand tons ever in recent years.
The EV industry also stalled making all predictions of a shortage very wrong even laughable reading them now in almost the year 2025.....
Some boards just want to be blinkered because they mainly consist of people holding a loss. The best Groc can hope for is to be bought for a few million. Ideally that would help the share price although not enough and allow the management to go and repeat the cycle on another asset. Isn't that what the CEO here and at Alba its main holder and IPO issuer have a record of.....
I don't believe in many companies but I see profits to be made from their losses and occasional short lived gains. You seem to want to back them personally, I just care about making some money and transparent ethics, you seem to want actual graphite ignorant to all the money you could have made with a simple traders view not personal one.
Goes without saying here, a few companies provide no real results but a great PR story and tasty wages bills for years. The initial hype soon wears off on that long slog doesn't it.... as you well know! |
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