Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Dave85. Excellent endorsement by an existing long term shareholder confirming the importance of this agreement for the business.
see this steam up today. too much value here!
What a load of old carp.
They have agreed a tenure that is all .
There is no funding for the project and very little working capital.
So tell me Davey where is the value?
Only reason people care so much about how a company, that was worth 2m odd mcap this time last month, is now worth roughly the same again this morning.
Is because bullish or bearish - sp wise, they understand (or think they do) the potential (some of), of where the company mcap can go.
Company essentially halved in traded value last week from one month prior on no publically announced change in circumstance, and virtually nobody cared to comment.
Now news released (not placing conatations weather good or bad) and the mcap goes back to similar level and suddenly dozens of people are beside themselves and see fit to expand effort in writing and posting strong opinions on a public forums late into a working evening.
Imo, the very level of interest, demonstrates the potential and therefore financial stakes between buying sub 1p, buying 1 to 2p and 2p+, when taken in context to where these people see the potential sp in the months and years to come.
On a personal note, I sold in the 20s and started buying back around 13p seeing good value, continued to buy in at 8s 6s 5s 3s 1.8s before significantly averaging down by buying much bigger stakes, first sub 1.5p then sub 1p right up to yesterday morning.
As of now after around 2 years of paper loss I'm back very much in profit. Massive thankyou to the bod involved here who have stook this out for so long. The potential loss of tenure over the further license is very disappointing and a massive blow to how far geo mcap can go in years ahead. The potential scale of TS and others is truly exciting based on and along with the pre existing exploration info.
Again, imo, the main reason this has been so hard and taken so long, is because someone figured out just how good this consolidated chunk of land could be and decided to try and retrieve it/some of it.
Will they succeed and how much will be lost from the geo stable?
In the context of 10, 20, 30m mcap, no consideration really need be placed on this issue. Kbe and dab can take care of that just fine.
If we not drilling at TS we wont need the full 2m usd for the previously planned 6 month work programme (will now be shorter as some work completed) designed to get kbe to dfs completion and further the following 2 pipeline assets.
Roughly 1m was to get kbe to, go/no go decision stage.
The other 1m to explore dab and ts.
Now likely max they need is 1.5m for the work programme. Plus say 0.5 for WC etc.
Question people should consider, how many shares will it take to raise that, because when they raised 7m at 16p they did so in an environment where institutions were offering double at the same price. Interest was there for a reason and the reason is coming back swiftly.
People know that, and are trying very hard to buy the company at a price where losing its only assets was priced in, at a time when that risk has seemingly been virtually removed with the NAM confirming the reduced tenure.
AIMO ATB