Greenroc Strategic Mater... Share Discussion Threads

[the count of monte_cristo] 29/9/2022 13:23

Right, some don't understand how long it takes to move a project into production. Do they have a DFS yet? When is that due.

If you want a small cap graphite stock looking to start production soon then better to look at ACP.

[luffness] 29/9/2022 11:50

Mentions of partnerships and funding - lol that is ok then all cash worries goneI would hardly call 5years+ fasttrack

[bobdown2] 29/9/2022 07:57

Some do not read information. On purpose.? There is mention of partnerships and funding. If you want to get an idea of how it happens you can can check out jay. Also if you want to see if everything is going to plan, read previous rns statements and find the vox interview where the company talks about partners.
This thread is normally empty.? But now we have two. One is very good the other..doubtful. bear in mind the brokers report says Greenland assets are nearly 30m and the market cap 5m.
Whilst one post was good I still am taking the companies view on time scales and funding. The existing mine is 100 years old and is in very good condition. Partners will need to be brought in for the port that will be required. The company are now saying the increased footprint of the asset makes it worthwhile. One of hats partners is Rio Tinto.
When you have a world class asset you will find partners when you have a mineral in demand. The partner/partners might also want to be involved in Thule Sands. The iron at Melville bay and there is a multi element play here as well.
Easy reading should not replace good research. There is a troll with fake accounts. This is a really good investment and the 249 holes tested for thule sands should come before xmas. Thid will increase the asset value even higher.

[the count of monte_cristo] 29/9/2022 04:39

Yeah, they need a partner with money and someone with a strategy in Europe to start developing these assets in Greenland. I reckon that slowly Greenland will become like the "Australia" for Europe, with vast untapped mineral resources right on the doorstep of both the US and Europe it makes sense to have someone with a bigger strategy to start moving these projects forward rather than selling them to the Chinese:)) Before people wake up, China will have acquired the projects and locked them up. Meanwhile the Europeans speak with 20 different voices and strategies and slowly take decisions.

[john covenant] 28/9/2022 20:15

Timelines in presentation still seem hugely optimistic though - eg take 2025 DFS, (funding *which they dont mention) start of mine, processing plant and port construction all in that year - seems like complete fantasy.

Also i see they arent even talking timescales for Thule now......

[luffness] 28/9/2022 19:11

Looks like I was spot on timelines- Groc now confirming that production is at least 5 years away. So much for the fast track nonsense....

[luffness] 28/9/2022 18:48

Reality hitting - what price will they get the fund raise away at - and how will Alba find the cash?

[the count of monte_cristo] 28/9/2022 13:36

A lomg road to get to production from here.

[bobdown2] 28/9/2022 08:37

The footprint of the mine could be over 100% bigger.
The graphite is a world class asset. The stockmarket is in a bear market for fledgling or minute companies.
The tonnage estimates might bring more attention. Patience required. Maybe a vox market interview will follow the seminar.

[sicilian_kan] 28/9/2022 07:52

There is a key piece of information in today’s RNS.

“Dr. Bernstein will also discuss a conceptual development plan for Amitsoq, targeting production of 60-80,000 tonnes of graphite concentrate per year.”

This is a 50-100% uplift on the previous annual production target. See the header for the old information:

“Greenroc talk about…producing 40kt of high grade spherical graphite per year. [At $2,000/t, that is revenues of $80m per year, note current market cap is £6.5m]. Development costs would be low at around $50-60m needed for the plant including all the initial mining costs.”

I think we can now amend those figures to $3,000+/t, 60k-80k tonnes pa, which is $180m-$240m pa revenues for a current market cap of just £5m. And that ignores the ilmenite / Black Sands. Whatever the dilution here to fund 2023, this is grotesquely undervalued imho and the prospect of an off take to fund development I think very high in the current climate. As ever dyor.

[bobdown2] 28/9/2022 07:36

Hi. Groc 2nd rns of the week. There is a further step in the fast tracking of groc.
2 rns statements and an investors seminar today means investors will know more about this exciting little company.

[ryanrhys1] 27/9/2022 06:57

1) You said it's not worth coming here anymore then literally cane here lots talking rubbish again!?

2) Jay isn't in partnership with just Rip, actually it has others.

3) How many mines opened in Greenland in the past decade!? I'll give you a clue it's somewhere around zero....

4) The news from Groc was not game changing, the only trades were more selling and leaving this sinking ship.

5) Why would anyone want Alba's graphite liscence, they could buy better elsewhere in Greenland, actually a few deposits elsewhere of better size grade and nearer infastructure. They all sit unwanted thought as the markets already super saturated from all the new global world class mines that just opened and there's more than enough from these for the next couple of decades really no one cares about some far away from any market or trade route liscence with a mere drop in the ocean amount.

Now why has there never been an interest or partner in the last decade or future for your small pathetic useless graphite.... Is it because I'm right and your merely ramping like an idiot always wrong and heavily down!?

[bobdown2] 26/9/2022 12:46

I rate this the better investment out of alba and groc. But it is frustrating when a company is not recognised by the market.
I'm not good with valuing assets but Greenland could very well be 30m at the moment. Funding is allways a risk but it is easier when you have out standing assets.thats why todays rns is important. If you look at jay they have Rio Tinto as one of their partners. Todays rns brings joint ventures and funding closer. Amitsoq assets grew by 100 % and the field is bigger than expected and has not been completely tested.
Looking good buy not the share price yet.

[bobdown2] 26/9/2022 09:32

The news today was virtually game changing. An economic mine is now looking extremely posible. And could be one of two..

[ryanrhys1] 22/9/2022 21:45

Don't come here in fact stop ramping all boards....

Your down, Groc was a failure and there's really no mining in Greenland despite you constantly calling it world class for over a decade!?

Alba span Groc out because it was out of cash, it used the last for one final desperate sales pitch which majorly undersold!?

End if story!?

[ryanrhys1] 22/9/2022 06:52

Still won't tell those reading how many mines were started In years in Greenland.....

Go hide under s stone you look stupid saying what you are!?

[ryanrhys1] 21/9/2022 21:57

No they are worth visiting and many do.... Shame your not answering the questions I've asked!? Is that because the answers so bad you simply won't give these simple facts for fear of looking like an idiot ramper!?

[ryanrhys1] 21/9/2022 20:29

Speaking of zero interest how much has Groc traded today?! This week!? Since it started!?

Sure investors would like you to answer these important questions

[ryanrhys1] 21/9/2022 20:05

Still no answer..... Who's the yellow one and is that not rascist to say!?

So how many mines started in the last decade in Greenland!? Apparently it's world class!?

Shame you won't give investors an answer!?

Investors know I'm right your just an idiot ramper and Alba's broke and failed it didn't even submit to NRW like it said it would!?

Both failures but don't take my word for it let's have a look at the share price chart and then maybe Bob will answer how many mines there are in Greenland!?

You fool!?