Greenroc Strategic Mater... Share Discussion Threads

[sicilian_kan] 18/4/2023 16:12

Great to see the directors buying in the open market. CEO now bought his way to 0.8%. Hopefully will see more, but regardless it bodes well.

[sicilian_kan] 17/4/2023 08:51

Courtesy of Zippy on Telegram:

[luffness] 12/4/2023 13:42

Nothing is going on at Thule. The money raised in the last 2 raises was for for Amitsoq - they will need more cash for that soon and clearly having nothing left to spend elsewhere.Even if they had the money it is 5+ years away from production

[bobdown2] 12/4/2023 12:42

Thule black sands 249 hole results. We're due in March. This month from a previous delay. Amitsoq has grabbed the headlines and Thule barely a mention. It will be nice to finally see what is going on. Thule black sands would not take long to bring into production.

[ryanrhys1] 24/3/2023 18:49

But I thought they raised £5.12 million, why three cash raises so quickly after they were so cash heavy!? Surely wages and their minor recent drilling didn't cost £5 million....

If it did that's a lot of cash for very little and should they need to do more exploration judging by this cost they now need millions more very soon!?

I see still no mention of the cash Alba spent on Groc and the exploration just before the IPO!? They gave back only £50k from almost a million spent leaving Alba cash strapped hence it's recent raise too!?

Wow they blew a lot of cash on not much, £5.12 million in that short time, I don't see how!?

[luffness] 24/3/2023 07:20

Another cash raise required for the 23 field season. Oh dearYou have to laugh though "  The Group has a supportive major shareholder (Alba Minerals Resources Plc) which has a strong track record of raising funds for exploration over a number of years" A shareholder too broke to take part in the last 2 fund raises and who has been diluted by around 10%

[ryanrhys1] 14/3/2023 17:40

Hey rampers were are you now!

Pathetic uneducated scum who didn't realise the true level of this scam companies share price!?

Morons!? Back under the rock you came from!

[ryanrhys1] 13/3/2023 13:04

Falling more, rampers silent because they said it would blast off and such but now it's even lower than ever!

Undersold IPO and most selling since means this is essentially worthless.

Sell or lose the lot, already they are desperate for finance!?

[ryanrhys1] 10/3/2023 13:32

In fact the rampers have gone silent,

Is that because Alba lost its controling stake and now the share price has crashed even more despite their claims it wouldn't!?

[ryanrhys1] 09/3/2023 08:29

But the rampers were talking of the overhang going, blast off, joint ventures and all we have is some minor financing and an even lower share price!

[ryanrhys1] 08/3/2023 15:03

And even bots seem to fail to get basic answers right, either that or its ramping this stock lolol

[luffness] 08/3/2023 13:03

It was a ChatGPT answer

[ryanrhys1] 08/3/2023 12:30

'Yes, it is feasible to mine graphite in Greenland. Greenland is known to have significant deposits of graphite, with estimates indicating that the country has some of the world's largest known reserves.'

Greenland has a very small amount of Graphite, it is not even close to the top of the list of global reserves factoring at well under even one percent.

I'm quite sure you have your facts and figures completely wrong and as Alba own only a small liscence they really aren't significant globally or even to any market whatsoever.

You simply made your statement up to ramp!?

[luffness] 07/3/2023 07:55

Link to good graphite articlehttps://twitter.com/BlencoweRes/status/1633007367808856064?t=2XEm86OF7OPKU4YlkCCuxQ&s=08

[hatfullofsky] 06/3/2023 15:40

The mining season for graphite in Greenland would depend on various factors, including the location of the deposits, the climate conditions, and the infrastructure available to support mining operations.

In general, the mining season in Greenland is typically limited to the summer months from June to September, when the weather is milder, and daylight hours are longer. During this period, the temperature is usually above freezing, which makes it easier to operate mining equipment and transport materials to and from the mine sites.

However, some mining operations in Greenland may also be possible during the winter months, especially if the deposits are located in more accessible areas with existing infrastructure such as roads and ports.

It is worth noting that mining operations in Greenland need to be carefully planned and managed to ensure environmental and social sustainability. The harsh Arctic environment and the sensitive ecosystems in Greenland require a high level of expertise and commitment to responsible mining practices.

[hatfullofsky] 06/3/2023 15:36

Several companies are currently exploring graphite mining in Greenland. Here are a few examples:

Hudson Resources: This Canadian company is developing the White Mountain graphite deposit in western Greenland. The deposit is estimated to contain around 46 million tonnes of high-grade graphite.
Elcora Advanced Materials: This Canadian company has a 40% interest in the Ragedara graphite mine in Sri Lanka and is also exploring graphite deposits in Greenland.
Greenland Minerals: This Australian company is primarily focused on developing the Kvanefjeld Rare Earths Project in southern Greenland. However, the project also has significant graphite resources, and the company is exploring the potential for graphite production as part of the overall development plan.
Lomiko Metals: This Canadian company has several graphite properties in Quebec, Canada, and is also exploring graphite deposits in Greenland.
It is worth noting that these are just a few examples, and there may be other companies exploring graphite mining in Greenland as well. The exploration and development of graphite resources in Greenland are still in the early stages, and it remains to be seen which companies will ultimately move forward with mining operations in the country.

[hatfullofsky] 06/3/2023 15:35

It is possible that graphite deposits in Greenland could provide an alternative source of graphite to China, which is currently the world's largest producer and exporter of graphite.

Greenland is known to have significant graphite resources, and if these resources were fully developed, they could potentially meet a substantial portion of the global demand for graphite. However, it is important to note that developing these resources would require significant investment in infrastructure, mining operations, and transportation to bring the graphite to market.

Moreover, the quality of graphite from Greenland may differ from that produced in China, which could impact its potential use in various applications. Therefore, while Greenland's graphite deposits could play an important role in diversifying the world's graphite supply, it is unlikely that they would completely replace China's resources.

In addition, it is worth noting that China has been investing heavily in graphite mining and processing technology in recent years, and it is possible that they will continue to dominate the global graphite market for the foreseeable future.

[hatfullofsky] 06/3/2023 15:35

I asked Chat GPT some questions :

Yes, it is feasible to mine graphite in Greenland. Greenland is known to have significant deposits of graphite, with estimates indicating that the country has some of the world's largest known reserves.

In recent years, there has been growing interest in developing these graphite resources in Greenland. Several companies have already secured exploration licenses in the country, and some have already begun drilling and testing for graphite.

However, it is worth noting that mining in Greenland can be challenging due to the harsh climate, remote locations, and logistical challenges associated with transporting equipment and supplies to and from the mine sites. Additionally, there are environmental and social considerations that need to be carefully managed to ensure responsible mining practices.

Overall, while there are challenges to mining graphite in Greenland, it is certainly feasible and could potentially offer significant economic benefits to both Greenland and the global graphite industry.

[luffness] 06/3/2023 14:26

Typo in there they said 12-24 months for the TBS licence

[luffness] 06/3/2023 14:16

I think I also stated if you did believe in the assets then wait as you would have opportunities to get in much lower - price then around 8p price now 3.6.

[luffness] 06/3/2023 14:14

As you are fully aware that is simply not true.In Jan 22 they said they expected the TBS exploitation licence in 0-12 months and to have the graphite mining licence application in within 24. I said they were incompetent as best and being deceptive at worst which given where they are now seems entirely fair.

[luffness] 06/3/2023 13:35

Well now I have been proved completely correct in terms of likely timescales and the fact that the management were either deceptive or completely incompetent when they gave timelines in early 2022 I assume that my ban on the other groc board will be rescinded.Excited about the MOU - Lol. What have they got to lose - preferred supplier status for up to 5 years before they even have to decide to move to a heads of terms.I also see the cash raised will go towards completing the work they raised 300k+ for just 3 months ago

[sipptrader88] 06/3/2023 12:18

At least they are consistent then ......mind you I suppose if a world class asset remains consistently a world class asset.....and therefore if excited the once there is no reason to not remain excited! lol.

[the count of monte_cristo] 06/3/2023 11:06

To be fair, they always say they are "excited".