Greenroc Strategic Mater... Share Discussion Threads

[honfacifi] 04/12/2024 15:25

It's not under the radar it's well known from previous exploration and companies.

It's a poor choice compared to all the other yet to be and being developed assets. In fact we have more than enough for the next decade with some countries looking to supply upto %50 globally very soon.

I'm sure the MOU is more subsidiary based i.e. when you actually get the hundreds of millions to mine and make a factory.....

Let's break that down into simple language - you need to flip this asset fast but I don't see you doing that.

Another poor attempt at funding or are they going to ditch Groc for Norway and investors there helping them start on a new chain not actually mining.

The market took no interest so one can only assume this isn't of any unfortunately.

I feel the next raise is long overdue, raise incoming!

[thedickster] 04/12/2024 08:29

This is so under the radar.

[haggismchaggis] 04/12/2024 08:18

Brilliant news! Will obviously become a binding agreement, you can easily glean that from the RNS.

[honfacifi] 20/11/2024 15:04

Let's talk about the next raise fast incoming, been checking spends and finances for them thinking can scalp an extra %20 since every raise destroys the share price ....

Thoughts on next raise anyone!?

[honfacifi] 19/11/2024 21:36

Yer all the companies who got that UK grant were invited it's not about Groc is it despite how the RNS words it.

Another pointless conference, these guys get more for themselves than the company, free holiday, free networking themselves to other companies.... Where I suppose Alba found their new assets when they drop Clogau at a similar European conference.

How many of these conference companies get real funding.... Barely any....

Groc just a conference company graphite is going nowhere.

[mrmcnee] 19/11/2024 15:57

GROC are at General Motors in Detroit today

[honfacifi] 18/11/2024 11:22

Africa to supply %50 of the worlds graphite next year .....

What hold does china have and the market is super saturated they even held of production to help prices morons!

No shortage and all have enough mines and supplies for decades especially Africa which whilst you've been begging for investment it got in the billions lolololol

Poor Groc no one wanted it!

[one2go] 17/11/2024 21:38

I see you are still market abusing Honfacifi, nothing good to say about GROC or ALBA, how are the Indian slums, how much commission have you earned from your Boiler Room operation this month.

In the meantime sensible individuals will be buying GROC so you had better tell your masters to close their short positions because when to news comes the shares will rocket.

[honfacifi] 17/11/2024 20:16

But Africa is fast becoming a major supplier to America and that's not including Canada and S American suppliers yet. Africa can supply quickly upto %50 of the worlds graphite with ease and looking to be on target to. These are graphite producing countries with exponentially more than you ever have plus ten mines not one patch of undeveloped rock.

You've been passed over again and there's so many mines and supplies most have scaled back to keep prices more bouyant.

How about some real world graphite appraisal not the ramblings of some pi hoping Greenland finally gets any interest.

Most car manufacturers and battery companies have already secured more than enough for the next couple of decades and seems you want to hide the real facts and market from investors.

Greenland has no infrastructure, mining experience or experienced staff, cost ten times that if other countries to mine and is quite pitiful in comparison to all the other countries which are presently producing far too much and have another fifty mines coming online in the next few short years!

If anything the graphite bubble burst now other more rare things like cobalt take centre stage and we see another bubble forming that potentially new tech or some silicone breakthrough will burst next (possibly analysts aren't betting on it yet).

Real world real talk not this ramp fantastic rubbish, if you were right you would have been bought or free carried for fifty million already as is happening in what fifty other assets....

We don't even need Greenland graphite now lol

[haggismchaggis] 17/11/2024 17:55

That's going to be an immediate big boost for any suppliers of those materials outside of China, but is also a boost for non-producers like GROC because the World needs to invest heavily in any and all resources outside of China in order to take back control of supply chains from China.
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The USA EXIM bank funding is a great example of USA trying to get supplies up and running from outside of China. This is no doubt what has attracted GM to invite GROC to present "the participating companies were specifically picked by GM".
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"GreenRoc Mining plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce the receipt of a Letter of Interest ("LOI") from the Export-Import Bank of the United States ("US EXIM Bank"). US EXIM Bank is the official export credit agency of the United States, an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of US goods and services."
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"In the LOI, US EXIM Bank indicates its willingness to consider financing GreenRoc for up to US$3.5M of US export contracts relating to goods and services ordered by the Company. Such contracts could relate to the conduct of Pre- or Definitive Feasibility Studies ("PFS" and "DFS" respectively) for GreenRoc's Amitsoq Graphite Mine in South Greenland and/or a DFS of the Graphite Active Anode Processing Plant, which funding would fall within US EXIM Bank's Engineering Multiplier Program. Another contract which could be eligible for US EXIM Bank financing relates to the processing of large graphite bulk samples by US-based contractors."
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"About the US Inflation Reduction Act and graphite"
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From 2025 no 'anode on foil' (battery anodes produced with graphite) product can come from a 'Foreign entity of concern' which includes China, and from 2026 no graphite in any form can come from a 'Foreign entity of concern'."
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"This LOI from US EXIM Bank represents a strong show of support for our Amitsoq project from one of the key financing bodies of the US Government involved in the roll-out of loans and other funding support under the US Inflation Reduction Act to entities, like Greenroc, which are developing projects which will deliver critical raw materials to Western economies."
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"With the US Inflation Reduction Act's rules of origin in relation to graphite set to be implemented in the near future, we expect to see increased interest from US industries in securing friendly sources of graphite, and so this LOI from US EXIM Bank is timely."
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"The Company will be participating in a trade mission to General Motors Company ("GM") during 18-20 November 2024"

[haggismchaggis] 17/11/2024 17:55

LAULY LI and CHENG TING-FANG, Nikkei Asia tech correspondents
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November 16, 2024 01:01 JST
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TAIPEI -- China plans to tighten export controls on key "dual-use" technologies and items in two weeks, including raw materials and metals such as tungsten, graphite, magnesium and aluminum alloys used commonly in tech supply chains.
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China's Commerce Ministry unveiled detailed specifications of dual-use technologies and items -- used for both civilian and military purposes -- that will fall under the country's export controls. The rules take effect on Dec. 1.
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The move comes right after former U.S. President Donald Trump's victory in the presidential election.
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Materials such as graphite, aluminum alloys and titanium alloys that are widely used in making electronics products are on the list and will be under export controls if their specifications meet China's new rules. The new controls also include tungsten and magnesium alloys that meet certain specifications.
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For example, exporters of aluminum alloys with extreme elasticity and an outer diameter larger than 75 millimeters will have to apply for an export license from the Commerce Ministry, the official dual-use list showed.
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China controls more than 80% of the extraction and processing of global tungsten supply, along with around 90% of global magnesium production, according to a European Union estimate on global critical materials supplies.
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All of these critical metals not only are used widely in the electronics supply chain, but also are indispensable to build defense equipment, weapons, aviation and spacecraft.
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The export control list also covers certain testing and production equipment, such as analog-to-digital converters that can operate in temperatures ranging from 125 C down to minus 54 C, and lithium isotope separation facility and production equipment.
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Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, recently notified some Chinese AI and graphics processing units clients to put on hold production for their 7-nanometer chips. The Taiwanese chipmaker is strengthening scrutiny to avoid running afoul of Washington's stringent export controls against blacklisted Chinese companies, such as Huawei Technologies.
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China has been tightening export controls on critical materials such as gallium, germanium, rare earths and antimony as countermoves to battle sweeping U.S. export controls on advanced semiconductor and artificial intelligence technologies.
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This is the link to the article:

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[haggismchaggis] 17/11/2024 17:29

It's not going to need long term to make a fortune here IMVHO as the assets are worth a fortune whilst the market cap is peanuts, this needs a market correction not a flow of news, and that market correction could come any day.
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Also, the company is in a hurry, so no need to think long term.
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"GreenRoc looks to fast-track the development of Amitsoq into a producing mine in the shortest possible timeframe"

[honfacifi] 16/11/2024 18:28

It's nothing to do with naysayers, confirm why if go to Greenland when it's cheaper and better in Tanzania Brazil Canada etc and they have ten times the amount Greenland does plus produce more pure product over the lifetime of those mines!

It's simple economics which you miss because you precieved the market as desperate for graphite when it is totally not.

Put up other mines economics and tonnage there's simply no Groc needed for another two decades!

Even harder for you rampers to stomach is the fact graphite mines scaled back due to market oversupply.....

[haggismchaggis] 16/11/2024 13:13

The naysayers can post as much BS as they like, they can't argue with the economics of the Mine and Anode Plant. GROC is massively undervalued in comparison to it's assets. The mine life is 22+ years, at an NPV of US$837m, so just one years worth of NPV is US$38m or £30m.
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GROC Market Cap just £3.02m for all this:
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Feasibility Study shows a Pre-Tax Net Present Value at 8% discount rate (NPV8) of US$837M
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Based on 22 years of production, the total gross revenue for the anode plant has been calculated at US$6.5Bn over that period, with total gross profit totalling US$2.7Bn
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The mine on it's own, without the Anode Plant, is big enough on it's own and as stated the profits are additional to that of the Anode Plant.
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"We are extremely pleased with the outcome of the PEA, which confirms robust economic figures for mining activities at Amitsoq. A pre-tax NPV of US$235M with an IRR of 31.1%, initial CAPEX of US$131M (inclusive of a conservative 25% contingency) and average Opex of US$121 per tonne of milled ore equates to a four-year payback on capital from start of production, a healthy return on investment when set against an undiscounted net pre-tax cash flow totalling US$794.7?M over a 22-year life of mine."

[honfacifi] 16/11/2024 03:22

Most American car companies already diversified their supply chain investing billions in domestic natural graphite and synthetic. Not once in any literature was Greenland cited.

The simple facts is facts scare you into accusations of scaremongering because the subject is far too educational for you to comment or research.

Those analysts who predicted a graphite vacuum leading to high demand were so very wrong. The take up of EV vehicles far much slower even non existent in places without the relevant infrastructure.

This led to the world cultivating enough for the next decade, Canada being a new hotspot with great infrastructure and connections via road sea and freight direct to American consumers.

Although EVs are really only part of this, Panasonic and simple non EV uses are also partnering up with EVs at these locations.

Had we been desperate and analysts right I'm sure Greenlands importance might rise from none to some but the simple reason no one wants graphite from you is there's better bigger more feasible deposits elsewhere and will be for the next decade or two.

On a sidenote solid state batteries did not meet their renaissance yet as predicted either but that market is certainly churning away fast still and the future needs for graphite is really in question.

Where does the EV market stand, pretty much in the middle. They would love to make that one breakthrough for solid state or even hydrogen and fringe lying tech but as yet their best idea is a mix of solid state and conventional graphite.

All that will change overnight if a breakthrough is made, I don't see anyone in the market actually gambling on graphite more just enjoying the slow transition until a more viable path is released.

Pretty poor all around, a very stagnant market and view not one that favours this asset you've been holding for over a decade in a pretty much infrastructure-less country that's expensive to do any real global mining.

Is that why the constant meetings.... Because you can't do anything else but watch never ending dilutions. These meetings aren't the answer neither will they garner any interest. Groc keeps releasing these type of RNS thinking you got some lololol

[honfacifi] 15/11/2024 22:45

Literally show me where GM are interested in Greenland!?

Everyone who got the loan of government UK cash was invited.

[thaibob1] 15/11/2024 21:32

Honfacifi scaremongering here to, he's like a bad smell lingering.

[honfacifi] 15/11/2024 16:03

Groc are not on GMs map FFS, go look how many were invited lolol.

It's a massive conference not tiny meet up lol

[mrmcnee] 15/11/2024 14:49

Tremendous update for shareholders today, so far not really appreciated by Mr Market but clearly GROC are on the map of General Motors and seem to have Greenland Government and EU support for their project.

All the above is material.

[mininglamp] 15/11/2024 14:41

I suspect we will be hearing a lot more from Greenroc over the next few weeks, the company is so under the radar but has the potential to offer very material upside, what price the shares if they announce a strategic partnership with the likes of General Motors.

In my view the company is very close to a major announcement.

Circa £3m m/cap is bordering on farcical for a project (that has one of the highest grades of Graphite worldwide) that is so advanced.