Greenroc Strategic Mater... Share Discussion Threads

[mrmark1] 08/3/2022 08:55

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 73.25%

[mrmark1] 08/3/2022 08:53

GROC. As part of the process of Admission to trading on AIM ("Admission"), the Company has raised gross proceeds of GBP5.12m through the issue of 51,200,000 new ordinary shares of GBP0.001 each at a placing price of 10 pence per share, equating to a market capitalisation of GBP11.1 million on Admission.

[sicilian_kan] 08/3/2022 08:47

Come and join us at the RyanRhys free thread at

No point in engaging with him for obvious reasons.

[mrmark1] 08/3/2022 08:43

Wow you are a rude person RR. I only asked a question - I just spoke with the broker who advised they raised £3.5m and £1.5m was from an individual investor on top. Raising £5m.Market has been weak and it's been an illiquid stock.There is a very small free float and so traction goes as quickly the other way when the market improves or the company impresses new investors.

[bobdown2] 08/3/2022 08:36

Ryan.. you know I have you filtered.
Like most on here!!!! We are fed up with your stupidity. Todays news is great going forward. Get used to it.

[ryanrhys] 08/3/2022 08:30

The IPO undersold so massively it lost half its price you tool!?

It's not misinformation you just know sweet fa about these things. Had it sold it wouldn't of dropped and if that was the end of the overhang why is it still so low you moron!?

You tampers tried to ramp after buying but lost so much it's laughable you even post since we all see through your lies and only your uneducated stupidity lolol!?

[sicilian_kan] 08/3/2022 08:29

Great news today, exceeding the exploration target, with only half the target explored, and with world class graphite grades. The world needs to decouple more from China - there will be a massive demand for graphite from Greenland, half way between Europe and the US.

[bobdown2] 08/3/2022 08:15

The ipo shares were issued at 10 pence but there has been a seller. The lowest price sold was 5.40p a large trade went through last week. Sometimes it is the last of an overhang. No one really knows. But at these levels it is cheap and the market is huge and growing.

[bobdown2] 08/3/2022 08:10

Misinformation again..
Tut. Tut.

Groc now has what starts to look like a world class field. Bit rampy but it's just to balance Ryan's disinformation. Read todays rns.

[ryanrhys] 08/3/2022 08:09

If it was Jorc how come the market still refuses to give it a value above its book price lolol.

The only one making money are the MMs and GF as both are fleecing the lot of you lol!?

[ryanrhys] 08/3/2022 07:58

Let's pull a real fact up for you!?

* Alba said they had raised £5 million before the stock sold so at that point Alba were lying basically talking shot.

Then the IPO undersold massively so they didn't raise £5 million but barely a million.

That's just simply how it works. Alba ramped lies and got caught out on it.

Who gave them £5 million!? Wasn't investors as there were very few as per the IPO tanking sharply!?

Get your facts right and then learn how IPOs work. None was underwritten so there was no £5 million. You'll have to wait for financial statements if your really that thick not to understand how IPOs work!?

If it had raised £5 million how come it's at half its IPO price you utter tool!?

You and many others really do t know how this works do you!?

[mrmark1] 08/3/2022 07:50

Morning RR,Read todays RNS and with the pull back from 10p to 5.7p I see an opportunity to buy. Appreciate you are closer to the company...can you advise what you meant by they didn't raise £5m at IPO. It states they raised that amount when listing last year, thanks

[sicilian_kan] 17/2/2022 08:27

From:



The issue with graphite supply is not a shortage of resources, but rather of mining projects, Walkabout Resources CEO Andrew Cunningham told Platts.

"What's needed is quite staggering," he said, adding that pricing and grades were an issue, as there were few projects that had high enough grades to sell product above their production costs.

"We're fortunate that we have high grades, so we can produce at a low cost," he said.

===

Now which company has some of the highest grades in the world...

[sicilian_kan] 16/2/2022 08:31

Yet more evidence of pre-production deals for natural graphite:

Gratomic Inc said it has signed a Memorandum of Understanding (MOU) with Millennium Metals Ltd (TM2) and an undisclosed third party (the buyer) to supply graphite over 60 consecutive months.

In a statement, Gratomic said the supplying will begin upon commencement of commercial production at its Aukam Graphite project in Namibia.

[luffness] 11/2/2022 15:09

You should read the latest corporate presentation - they hope to apply for the licence in 24 months which is optimistic, then say 12 months for it to be granted given the review and public consultations required, then 2 years for funding procurement, construction etc so as I said at least 5 years before production.Given Greenroc probably now have a little over 3m to progress this and the other projects they will need to raise substantial amounts. You will be able to get in here lower.

[sicilian_kan] 11/2/2022 11:29

Blujay got their Dundas mining licence within just 13 months of the application being lodged (30 year exploitation permit). Thule Black Sands is for a very similar project next door. A lot of the heavy lifting (community impact, what is acceptable from environmental perspective etc) will have been done by Blujay and it should be relatively simple for Greenroc to get their permit now Blujay has theirs. Blujay now have an offtake agreement for 60-80% of the production there. All very promising for Greenroc and their ambitions and targets.

[sicilian_kan] 11/2/2022 10:50

As for the timing of the licence application, Greenroc are targeting getting the mining licence by the end of next year (2 years, not 3-5 years).

[sicilian_kan] 11/2/2022 10:37

At no point have I said when they will get into production. It will be each stage at a time, but the EIA/SIA that you say they haven't started yet, is expected to be applied for this calendar year.

[luffness] 11/2/2022 10:34

Not for TBS

[luffness] 11/2/2022 10:33

Using JAY as an example as they do - JAY will take 4 years from the grant of the exploitation licence to production. Getting to the licence stage will take greenroc what 3-5 years? - so 7-9 to production

[sicilian_kan] 11/2/2022 10:27

The EIA / SIA is expected to be submitted by the end of this year.