"so far they have had approaches of project funding from USA, Norway and now the Mid East."
They weren't approached they had to approach the funding companies of which set strict criteria and you don't qualify and what you do is peanuts or you would have plentiful funding by now.
All these trips per year probably add up to about the funding generated from the one time you got a small funding from a UK investment fund group!
If your asset had legs you'd get bought and flipped at these prices, Groc clearly aren't miners or factory builders. But for two decades almost it's had no interest and this is why you keep trying to get small funding because as pointed out dilution kills the share price.
I'll agree iceagefarmer is a shameless ramper not to be trusted! |
Despite the wide 'advertised' spread they have no interest in allowing buyers to enter, even for just £2k of shares they go to 'at best'
No wonder folks are leaving AIM by the droves when such blatant manipulation is ongoing daily.
How the heck, given recent news, can this be trading near lows when the stock was trading at 5.5p last year. |
It can only be a matter of short time before a material announcement comes here, so far they have had approaches of project funding from USA, Norway and now the Mid East.
Very clear that GROC's graphite project is attracting worldwide attention yet the company is still only valued at £3.85m.
This could so easily be the next AIM multi-bag, just a smidgeon of volume and the market makers are on the back foot instantly.
Only 197m shares in issue of which around 1/3rd are held by ALBA. |
easily see a 100 bagger here £360m market cap |
Trump could buy out Greenroc with his loose change ie £1billion |
The fact you are here talking GROC down is a good indicator that the shares are in demand, or you went short. |
What anode plant, I mean you announced one and the price but you have no chance if getting this omg.... Hundreds of millions and companies needed to make even a small one produce lol.
Bufo isn't really in line with barren useless assets they more focus on things with legs why your hoping to apply it to something but as yet have received nothing.
But you attend what ten conferences a year at cost to investors and get basically nothing. A few tiny grants to keep the lights on. Didn't the same conference generate interest in actual graphite deposits elsewhere and none in yours!
They know heavy dilution is coming and at this level most investors already diluted to oblivion.
No one wants or even needs graphite from Greenland and we are busy expanding Africa and the American continent not expensive out of the way small plots that have stood with cap in hand for almost two decades and received no interest.
Well wishing does nothing, either the asset would already be flipped or you get nothing which is the present case.
As to analysis by 2025 and 2030 there would be a graphite shortage, pmsl the actual opposite were have too much for well over the next decade. Another reason Groc won't get interest.
Trump went from needing Greenland back to oil didn't he, he says a lot of bs look how you chomped it down then got burnt.
Sweden's plan is synthetic graphite not yours omg they have put in a lot for that they don't want or need graphite and are heavily linked to Africa through its partners.
In fact most European countries have good plans and none involved export from Greenland this decade.
DYOR or just listen to trump and this lifestyle company till you go bust! |
Big news is not a million miles away, from X yesterday...
Very positive meetings held by our Chairman at Future Minerals Forum in Riyadh last week. Serious potential in the Middle East for the financing of GreenRoc's graphite anode plant as an alternative to Europe and the US. |
Graphite: It's time to look at miners HTTPS://smallcappix.com/blogdetail?id=65 |
Trump supports oil not Greenland or EVs, I warned you this would happen and Greenland would not be sold or developed.
Looks like Americas cheque book is more interested in oil and pollution not Greenland and EVs .....
Rampers jump in now lolol
Morons! |
Your down al.ost the full amount in
Groc Alba Ukog
Didn't I predict that! |
Apologies for the following comment I've wrote about this trol, but he's only here to trash the company, along side of the company Alba mineral resources.
Teseract your like a old women, a real nagging busy body poking your nose into other people's business.
Your not invested so take your hook, it will go one way or the other like any company on AIM. We share holders have taken the decision to support this company and that's it, oveousley you don't like anyone with a positive attitude towards the company.
I wonder why you have so much interest in Alba or groc ? your not invested but only want to cause disruption and try to do harm to the company's
Your a very strange person and you do have a agenda.
That's why your here 24/7
So do one, you vile idiotic idiot.
Alba United 🇬🇧 Groc United 🇬🇧 |
Teseract Looks like you have a Serious personality disorder, if what gives you a buzz is spreading fear and doom on a company like Alba ,Teseract your one very sad trol, fact❗ |
Teseract,Honfacifi,merionjones, Ryanrhys1 or what ever he's calling himself these days.
He will try and make a negative out of the RNS, he always does.
Ignore this trol he's been a bully on many forums and wants Alba minerals to fail along side of Greenroc.
He will try and bully you if your positive about the share, and all he ever does is try to be disruptive and try and cause disruption.
Nothing but a lying trol.
Good RNS today by the way things could be on the move with this company,I'm happy that Alba minerals have a partially shared holding with groc. |
Uninteresting news again, company gets a few letters it's never funding or free carry so.....
RAISE INCOMING!!! |
Also, I think Denmark wants to be seen to make some mines actually happen so they are a part of the mineral security of the West.
Hopefully things move fast along with the share price
GLA |
Surely when the news sinks into the wider market the share price should rocket? |
Taken some more this morning, the tie up with Morrow and now this prospective funding route cannot be ignored.
Farcical market valuation, even at 4p a share the company would only be valued at £8m.
No wonder it is hard to buy in any real size. |
Make no mistake there is background demand for the shares here despite the usual market 'games' that are in play.
The wide spread is designed to deter simply because the free float is so small buyers are hard to accommodate especially as sellers are few and far between.
From a chart perspective the shares are very close to a major breakout. |
This company is delivering yet has so far not re-rated to the value it deserves, it can only be a matter of time.
My view is thinly traded stocks re-rate when least expected, the current market value here is just £4.1m
Graphite is a much sought after commodity and Greenroc's project is very high grade with a 20+ year life supply.
The interest in Greenland from the US makes the company a takeover target also. |
Nice!
GreenRoc Strategic Materials Plc Financing Letter of Interest from EIFO Denmark 15/01/2025 7:00am RNS Regulatory News
RNS Number : 3344T GreenRoc Strategic Materials Plc 15 January 2025
GreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining
15 January 2025
GreenRoc Strategic Materials Plc
("GreenRoc" or the "Company")
Amitsoq Update
Financing Letter of Interest from Export and Investment Fund of Denmark
GreenRoc Strategic Materials plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that it has received a Letter of Interest ("LoI") from the Export and Investment Fund of Denmark ("EIFO") for the provision of funding to GreenRoc's Amitsoq Graphite Project in South Greenland ("Amitsoq" or the "Project").
Highlights
· EIFO has issued a non binding Letter of Interest confirming its interest in providing funding to GreenRoc for Amitsoq.
· EIFO usually issues AAA-rated guarantees, backed by the Danish State, of loans provided by financial institutions. EIFO has been involved in the financing of a significant number of transactions and projects across all continents.
· The potential financial support would be directed towards the purchase of equipment as well as services from FLSmidth a/s and other Danish suppliers.
· EIFO has extensive and positive experience working with FLSmidth on projects worldwide. GreenRoc has been working successfully with FLSmidth for the past 12 months on the processing of an Amitsoq bulk sample at the latter's US facilities.
· GreenRoc will now work with EIFO to work up a detailed financing proposal. The issuance of an EIFO guarantee would be subject, inter alia, to normal and customary project due diligence.
Details
GreenRoc has received a LoI from EIFO in which EIFO expresses its interest in assisting in the financing of Amitsoq. The potential financial support will be directed towards the purchase of equipment as well as services from FLSmidth a/s and other Danish suppliers. These could include pilot flotation plant, test work and design and costing of graphite ore beneficiation plant.
FLSmidth a/s is a Danish multinational engineering company specialising in the design and supply of equipment, solutions, and services for the mining and cement industries. Founded in 1882, the company provides technology, equipment, and services that enable sustainable production and processing of natural resources, focusing on energy efficiency, emissions reduction, and resource optimisation. It operates globally, serving mining companies, cement manufacturers, and other industrial sectors. GreenRoc has been working with FLSmidth for the past 12 months, with an Amitsoq bulk sample currently being submitted to a test work programme work at FLSmidth's laboratory facilities in Salt Lake City, USA. The aim of the work is to determine the best methods for the beneficiation of Amitsoq graphite ore into graphite concentrate. The testwork involves the use of FLSmidth's newly developed pressurized flotation cell REFLUXTM, as described in GreenRoc's RNS of 2 August 2023. The REFLUXTM system, with its smaller footprint, higher throughput, increased yield and reduced water and energy consumption, has significant advantages over standard flotation systems.
GreenRoc's CEO, Stefan Bernstein, commented:
"I am very pleased to receive this Letter of Interest from EIFO. It is my expectation that it will result in the provision of some of the funding which will allow GreenRoc to proceed towards the completion of our Feasibility Studies and eventually to the construction of our planned mine at Amitsoq.
"Graphite, the largest mineral component used in batteries, has been identified as a critical strategic mineral by the EU. This important indication of support from EIFO underlines its importance and is also, in my view, a clear sign of the growing interest from governments and public agencies in our graphite project and tangible support of our aim to become a major producer of responsibly sourced and processed graphite anode material for the battery industry."
FLSmidth's Peter Flanagan, SVP, Head of Capital Sales, commented:
""Bridging the supply-demand gap for critical minerals required for the global energy transition is a key priority around the world. This requires new mining projects are developed, and FLSmidth is happy to support the development of early stages projects by leveraging our deep industry knowhow and expertise, highly skilled employees, large installed base and world-class technology offerings. GreenRoc's Amitsoq graphite project is an example of a promising project that can help secure a more sustainable and resilient supply chain for this critical mineral. We are committed to continue supporting this project and look forward to see its realisation."
Peter Boeskov, CCO at EIFO, says:
"Graphite is forecasted to face a global supply deficit by the end of this decade. GreenRoc's graphite mining project plays a vital role in supporting the green transition by supplying a critical raw material for the rapidly expanding EV battery market. This aligns well with EIFO's strategic objectives, and we are happy to promote activities in Greenland as well as supporting FLSmidth and other Danish suppliers to the mining sector. We anticipate that the Amitsoq mine, once operational, will contribute to Greenland's economy by creating numerous local jobs and driving GDP growth. I look forward to continuing our collaboration with GreenRoc and I am optimistic about a role for EIFO."
About EIFO - the Export and Investment Fund of Denmark:
EIFO is the national promotional bank and export credit agency of Denmark combined in one financial institution. Active in over 100 countries, and with a total business volume of more than EUR 20 billion, EIFO provides financial solutions for Danish companies and their global partners, while also investing in startups and funds. We exist to open doors for Danish global business, accelerate the green transition, promote new technologies and develop the Danish defense industry. With our willingness to take risks in financing, EIFO paves the way for those who dare to think bigger.
EIFO has extensive and positive experience working with FLSmidth on projects worldwide. EIFO has coorporated with FLSmidth for a 100 years and has participated in the financing of numerous FLSmidth projects.
About FLSmidth a/s:
FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. FLSmidth enables its customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is FLSmidth's sustainability ambition towards zero emissions in mining and cement by 2030. FLSmidth works within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in own operations by 2030. |
Total greenlight for over a decade, China has been here, America, euro countries even Russian and yet not one ever made a single mine.
I'm fact how many mines in Greenland 2025? One or two I forget didn't one close? |