Greenroc Strategic Mater... Share Discussion Threads

[dave4545] 19/11/2021 20:21

I actually did listen to you Ryan even though you were a stranger on here so to speak and I took the hit. But atm that seems the right move as I can buyback way cheaper.

I do think there will be a nice bounce trade in this but every day there's big sales lower and lower and way below the bid price

So watching for now

[dave4545] 19/11/2021 14:48

6.595p now

[dave4545] 19/11/2021 13:49

6.8p to buy now

Very hard to guess where the bottom is with this overhang

[ryanrhys] 19/11/2021 12:33

The price hasn't dropped because a few have sold minor amounts, it's dropped because it didn't sell its quota or even anywhere close.

Says it's now down to 7.30, it will drop much lower, if you do the maths it's probably going to even out at 4.0 unless you find some serious buyers in the next couple of months!?

I did warn you it undersold, I did warn you no one would make a penny here and I did say that no one who is anyone has any interest in developing Alba's old Greenland assets which is why the failed in the first place!?

[bobdown2] 17/11/2021 10:56

One would expect lpo placings to be at levels where there was more than an element of value for the investees.
...those that invested at 10 pence must be annoyed to see an investor selling and taking down the value of their investment as well.
Maybe the best way to accumulate a holding is only to buy small amounts on bad days in the market when the price is lower.
This looks to be a very valuable asset being built but the company is in its infancy.

[ryanrhys] 16/11/2021 19:59

7.5 and dropping more, I'd hold of that buy and world class would mean It got interest and developed not sat there unwanted and with no development bobdown you tithead!?

[hedgehog 100] 15/11/2021 17:50

Thanks to Bob for these useful new posts on the ALBA thread -

bobdown2 14 Nov '21 - 11:53 - 11683 of 11692 0 2 0
"News from groc in the comming weeks. This is handy whilst alba try to install some common sense into the current situation.
Part of the greenroc asset grew by 30% and it is a world class asset. But this has changed my view. Instead of alba leading its share price up, it now looks like it will be its greenroc stake.
We need some more buying to clear the seller from the ipo. But the seller has created a 20% discount from the ipo price.
As posted before the greenroc ipo price is the same as albas,s market cap. Poor value for an asset that has just increased its potential worth."

bobdown2 15 Nov '21 - 11:46 - 11688 of 11692 0 1 0
"Dyor. Do your own research. The bid is creeping up and buys are out weighing sells. That does not mean the share price will rise but it does reflect sentiment. I think this is the absolute bottom.
V.i.y.s. view it yourself."

[hedgehog 100] 15/11/2021 17:27

GROC's two flagship projects (Amitsoq-Kalaaq, and Thule Black Sands) are in advanced exploration stage: one has a resource, expected to be significantly increased shortly from the drilling this summer, and another is expected to establish a maiden resource from the drilling this summer.
I.e. two value-enhancing events which are imminent.
And after results from the recent drilling are received, GROC is to begin economic assessment of these projects.

In addition, GROC's Melville Bay project is medium exploration stage, but does already have a MRE (mineral resource estimate).

[hedgehog 100] 15/11/2021 11:05

RyanRhys 15 Nov '21 - 08:50 - 72 of 72 0 1 0
"It's undervalued ..."


Thank you for admitting that it's undervlaued, Ryan!

But true value always seems to out eventually in the end.

Benjamin Graham:
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”



The world needs a lot more graphite, and GROC can help to provide it.
It's Amitsoq-Kalaaq graphite project in southern Greenland is very accessible, right on the coast, and close to a port and airport.
The latitude is similar to northern Scotland, and it's ideally positioned between America and Europe.

Moreover, Amitsoq-Kalaaq is an exceptionally high-grade flake graphite project, and has successfully produced graphite previously.

It looks to me to be a quite exceptional opportunity, and with plenty of good newsflow in the offing I fully expect this to multibag in the medium term.

Investors will be fighting for a piece of GROC's Amitsoq-Kalaaq graphite project: a quite stunning and unique opportunity.

[ryanrhys] 15/11/2021 08:50

It's undervalued because no one wants these assets, they are in the middle of nowhere near no infastructure and historically very bad.

Your share price shows and proves this currently almost %30 down from it launch and continuing to drop at alarming rates....

Another pump and dump, complete failure!?

[hedgehog 100] 14/11/2021 14:21

Focus Graphite (FMS), which is traded on the TSX Venture Exchange in Canada, 12-bagged from CA$0.02 at start of last year to CA$0.25 this February.

It's since fallen back in line with the sector, but is still CA$0.09c., market cap CA$43.829M. (£25.86M.)

And interestingly, its share price has recently been recovering again.

Focus Graphite (FMS):




"Lac Knife
Focus’ flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Québec, about 27 kilometres south of Fermont. ...

Lac Knife Open Pit Mineral Reserves*
Category Tonnage (kt) Cg Grade %
Proven 429 23.61%
Probable 7,428 14.64%
Proven and Probable 7,857 15.13% ..."




So FMS's flagship Lac Knife graphite project contains just under 8 million tonnes of proven-probable ore, with a graphite grade of 15.13%.
I.e. 1.19 million tonnes of graphite in-situ.

GROC's Amitsoq-Kalaaq graphite project in comparison is targeting up to up to 11.5 million tonnes of ore, at a graphite grade of 23-39%, i.e. up to about three times the graphite of Lac Knife, and at far better grades.

Considering that the Lac Knife project is positioned to become one of the lowest-cost, highest-margin producers of graphite in the world, this really illustrates what a very exciting commercial asset GROC has in its Amitsoq-Kalaaq graphite project.

And of how extraordinarily undervalued GROC is.

[hedgehog 100] 14/11/2021 11:22

GROC's chart is now looking very oversold technically, so I'd expect it to bounce up even before news.

[bobdown2] 13/11/2021 23:58

More news due here. Possibly in the next couple of weeks. The results of a different type if testing.
Some more confirmation that this is a world class field could help the clearing of the ipo shares. This companies share price could rise faster than its parent company. The Greenland regulators seem to be more receptive than the welsh.

[hedgehog 100] 13/11/2021 14:13

28/09/2021 07:00 UKREG GreenRoc Mining PLC First Day of Dealings
"... High-Grade Projects
· Amitsoq's average graphite grades of 28.7% total graphite content are among the highest of any graphite project in the world ...
· Independent test work on Amitsoq graphite confirms that it can be upgraded to high-purity spherical graphite (>99.95% C) for use in lithium-ion batteries and the EV sector. ..."



"What is Graphite used for?

Graphite has many uses, but the current demand for it is mostly driven by the production of batteries for electric vehicles (EVs). ...
With the world shifting towards more sustainable, renewable sources of energy, and the rising costs of fuel prices, the demand for graphite will continue to be strong for many years to come. However, up until now, China has been the predominant sources for graphite in the world ...

Demand for Graphite is Growing

In today’s world, graphite is considered a key, strategic material in the emerging green technology economy that includes advances in energy storage, electric vehicles and electronics from smartphones to laptops.

New applications such as lithium-ion batteries, fuel cells and nuclear power can create significant, incremental demand growth in the future.

For example, it takes 20 to 30 times more graphite than lithium to make lithium-ion batteries. Each hybrid electric car uses about 22 pounds of graphite, while an entirely electric vehicle uses about 110 pounds.

The use of lithium-ion batteries is growing rapidly in consumer electronics, and they are now becoming popular not just in consumer vehicles but in trucks, motorcycles, recreational vehicles, trucks, buses, and boats, as well as in industrial applications such as powering fork lifts, automated warehouses, power tools and other equipment. Growth in demand for graphite will only continue with the increased electrification of vehicles and other machines.

As the green technology economy grows, demand for graphite could outstrip supply over the next decade. With no US graphite mines currently in production, interest in Canada as a secure source of graphite has been rising for the past few years and will continue to grow."

[hedgehog 100] 13/11/2021 12:43

11/10/2021 06:00 UK Regulatory (RNS & others) GreenRoc Mining PLC Amitsoq Graphite Update & Post-IPO Site Visit LSE:GROC Greenroc Mining Plc
" ... The exploration target for the Amitsoq Island area of the licence is between 1.7 and 4.5 Mt of ore grading between 24-36% contained graphite.
... The exploration target for Kalaaq currently stands at 4.0-7.0Mt grading 23-39% contained graphite. ..."


From GROC's AIM admission document, 22.9.21:-

"GMA conducted test mining at Amitsoq in 1904 but stopped in 1915 after the onset of the First World War. Mining recommenced in 1918 and continued until 1922 when the site was abandoned. The quantity of ore mined from the deposit varies significantly across historic reports, but it can be estimated that the total ore extracted lies somewhere between 4,785 and 5,726 tonnes during the period 1914-1922. The grade of this ore was variably reported as 20- 25% carbon, but no detailed records or assay certificates were kept. The graphite flakes were noted as being particularly large, up to 15mm in some instances."






So GROC's Amitsoq-Kalaaq graphite project is targeting up to 11.5 million tonnes of ore.

Whereas the former Amitsoq graphite mine has had under 6,000 tonnes of ore extracted - well under a thousandth of the amount now being targeted.

Clearly the historic mining has barely scratched the surface of the opportunity here.

And moreover, graphite at particularly high grades and flake size.

It's time for the market to wake up to this quite stunning opportunity.

[hedgehog 100] 12/11/2021 10:54

RyanRhys 11 Nov '21 - 19:15 - 65 of 65 0 1 0
"This share price is going to loose lots more ..."


Loose, LOL! You're an illiterate moron, Ryan.

The company is succeeding superbly, and the exciting fast-tracking is looking more achievable than ever.

This is one of the best opportunities on the London Stock Exchange, and a massive rebound should be imminent.

I would certainly expect double figures in the short term, and then further gains from that going forward.

[ryanrhys] 11/11/2021 19:15

This share price is going to loose lots more, they were never going to fast track anything just say that and hope it caused some investor buzz....

It's failed, anyone who invested is now down lots and the fall is not going to stop. Just like Alba it will be a full %90 loss soon and already it's almost a full %30 down!?

[bobdown2] 11/11/2021 13:56

3 x 10k sells and a 125k buy. Someone is unloading as someone is buying. This sort of trading has been going on for a week or so.
The question is, why take place in an ipo and then sell at a loss.
If the seller stops and the buyer keeps mopping up the shares the share price could quickly rise back to 10 pence for a 20% gain.
You can check todays trades and then monitor the share.
Filters apply.

[hedgehog 100] 11/11/2021 12:57

Another thing is Ryan, you only post about GROC and ALBA, at least under this user name.

All you're doing is telling people what NOT to buy (GROC and ALBA) ... but what SHOULD they buy instead?

Please tell us what you think is a better mining sector investment that GROC.

Because I've looked at the hundred or so London-listed mining shares this year, and I'm not aware of a better opportunity than this.

[hedgehog 100] 11/11/2021 12:34

Ryan,

Three of these projects should/do contain billions of dollars of metal/mineral in-situ
- I can post the calculations if you wish.

So you expect us to believe your bizarre claim that all the drilling results etc. have been faked, a very serious fraud and criminal offence.

If you really believed this to be the case, why aren't you going to the authorities?

Of course, the reality is that you are a multi-handled troll, who has already been exposed multiple times for lying.

And the company is cashed up for a period of bullish newsflow.


Moreover, you're not even original.

I called you a tit, once, in post 40 above.

You'd never used the word before, but since then you've used it repeatedly, here and on the ALBA thread ...

Still, they say that imitation is the greatest form of flattery!