GROC is starting to appear on Share of the Year 2025 lists, the latest being Stockbox.
It has all the right credentials, low market cap & tight liquidity & Graphite demand is rocketing. |
I take it you didn't do any research judging by lack of replies.
Morrow use vianode, well known for it's synthetic graphite lolol. |
Besides,ir was already down before I post here. |
The links to posts are there, so I don't make up sh@t. |
https://www.redmayne.co.uk/share-dealing/market-news?nID=34732904 |
GM are looking at the use flat batteries the same ones that are developed by Morrow, in their newer vehicles. |
Morrow's investors include Å Energi, ABB, Siemens, PKA and Nysnoe Climate Investments.The deal is in line with GreenRoc's strategy aimed at strengthening its position as a key producer of graphite active anode materials in Europe. |
search?cancel?apply??You have 1/5 free articlesSIGN UP?LOGIN??Sectors?Regions?Projects?Companies?Policy & Tenders?InsightsEvents?subscribe?login?Morrow Batteries gets EUR 128m to advance battery production in NorwayDec 18, 2024, 12:15:49 PMArticle by Martina Markosyan?Norwegian industrial battery technology company Morrow Batteries ASA has been granted a loan of NOK 1.5 billion (USD 134m/EUR 128m) from state-run agency Innovation Norway to support its business plan and advance the country's battery manufacturing strategy.?https://renewablesnow.com/news/morrow-batteries-gets-eur-128m-to-advance-battery-production-in-norway-1268301/Morrow Batteries' LFP battery factory in Norway. Image source: Morrow Batteries.The fresh capital will help the company to start up its new factory for Lithium Iron Phosphate (LFP) batteries in Arendal, which was inaugurated in August and targets an annual production capacity of 1 GWh. |
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 |
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