Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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Slight price drop.
$1076
Acker
Yeah , and 1p wil be the new £1.
That’s the beauty of George. He did give Goddard 2.5 million worth of shares, but then George ran out of share issuance space so asked Goddard back for those shares, did a placing and spent it on equipment. Now he owes Goddard the shares but doesn’t have the cap space so needs to increase the cap to issue the shares back to Goddard. And that my friends is how George plays the punters. What George conveniently omitted in the AGM notice is that this is the payback for Goddard from the December shares. He also owns them now for January to March. That’s another 3.5 million usd worth of shares. This is according to George’s own breakdown of costs for the mining. And with that and the lawsuit settlement prem will burn through the 4 billion shares in the next few months
They were paid in cash because they didn't want to be paid in shares. That's interesting isn't it! Very telling
They were paid from that last placing you mentioned
Their *
Why are GODDARDS the contractor willing to wait for there money as there shares were used for the last placing 🤔🤔🤔🤔🤠 haven’t seen a good answer to this question yet
Wullie you're spot on PREM the epo potentially worth billions and billions but as you know PREM no longer have a licence to explore that area with no guarantee that it will be renewed.
It's unlikely there'll be an RNS before the AGM (which should actually be an EGM as an AGM is called after the end of year results which are due later) as there's nothing to say other than issues are ongoing, sorters still not sorting, sensors still not sensing, hands still hand sorting, mill still not getting 37 tonnes an hour, issues still ongoing.
Will the vote go through? Of course it will as GR has told the cult that if it doesn't then they're screwed. It would perhaps be better for shareholders to understand more about what GR is asking for. He's essentially asking shareholders to agree to a dilution of their shareholdings to raise funds rather than allow shareholders the option to participate in a future placing on a non dilutive measure, therefore he basically doesn't want to give current shareholders the opportunity to participate in any future placing at those discounted rates so that they can maintain their shareholding as a percentage of the enlarged share capital. He basically wants to give his mates in the city the opportunity to buy at a discount.
To hell with the loyal shareholder base he has, just give his mates a chance to get a cheap placing away. An open offer isn't a bad thing, yes there's dilution but at least existing shareholders get the opportunity to participate.
He's taking you all for mugs and you're falling for it. Call him out, make him offer you, the loyal shareholders the opportunity to buy the placing rather than give it to Snowking or Deadeye on the cheap.
This does all seem a bit weird, even with the MRE that everyone was saying would open doors for majors to come in and all sorts of deals to be had. Nothing seems to have to fruition. Does smell fishy!
El gel boy.. What you missed, was, (and billions) just after, worth billions and before, George can't....
Come on George get it sorted and sicken the doom mongers.
Get a favourable RNS out before the AGM, regards produce and finance, then hopefully they'll all be on their merry way.
GOOD LUCK EVERYONE!!
El[Gelboy
He may be raising cash from both sources.
Acker
Prem ,Zulu potentially ,billion $ mine ,Epo area potentially ⁷worth billions ,George can't borrow $5M,just doesn't ring true ,what have l missed
Im happy with the f-all there pay perhaps I will put it in to kod to make a great killing to
But I don’t think it’s going that far ,this will produce
But one thing I’m starting to get p%ss off with is the saying YOU CANT FIND GOOD PEOPLE TO DO A GREAT JOB ANYMORE ,it’s a breeding problem
If we were voting on George’s competency to do the job 80-90% would be No but the bigger picture at this point in time needs to be a Yes vote .
I do hope once this has happened George does the right thing and steps aside!!
He must realise he is not up to the job??
And the market is very positive about the current state of affairs NOT
Tis a good job George will get the vote.
Acker
Plaser
Exactly so they will take it for F all after as collateral
Daz
why would Canmax kick George as there voting yes for the head room for prem ,if they were going to do it your way they would vote NO wouldn’t they 🤔🤔🤔
And I believe they have a big chunk of change in this project 🤔🤔🤔🤔🥃🤠
Hasiba, I'll say it again as a FACT, Zulu will never ever ever ever ever ever run continuously. I know that, George knows that, anyone with the slightest smidgeon of knowledge about Zulu knows that but you presume to interpret words from Geroges mouth as a fact that most certainly is not how you're making it out to be.
Raaydaar…
Longterm hater of Prem…!
Stick to facts rather than spouting rubbish to discredit Prem.
PREM plant is far advanced now than your little man post opinions here..like a fart in the dark!
Hasiba, the plant is not working continuously, it will not ever ever ever work continuously. He said that it had been running continuously for a few hours. Do you honestly believe that it hasn't stopped running at all since the interview?
Just need to get the £20m fundraise over and done with
Jaglith..your posting 16.32
You are lying again..
GR never said the plant was not working continuously but the opposite to what you said is true and that the plant is working continuously (watch from minute 5min in the video).
https://www.youtube.com/watch?v=rcoK3J17Cio&t=372s
Jaglith,
What he said was that the mine had been running for the day so could not say 24 hours (yet) That being said it would be nice to get some news from the site on if that was sustained over the weekend...well any news would be nice tbh. The only reason at this stage not to give news (or a running commentary)would be if it was bad. and for those who might say he has better things to do than give a running commentary I would point them to this board and the current negativity towards him and the vote coming up, it could be the difference between getting that headroom.
Hasiba - don’t let me stop you from voting for 20% dilution and a placing in the .12 range. It’s a free world and you are able to vote however you want