Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
After several days of solid rises it was inevitable there would be some profit taken. it's appears it found resistance at 0.45p and this morning has seen quite a number of 1m + buys helping the push towards breaking through 0.5p
As we enter the start of a new trading week Rockfire shareholders must be anticipating a continued rise in the SP. Even after the last 2 trading days where it featured high up in the LSE leaders board this is currently priced at 0.5p { normal trading range 1-2p}. And yet the prospects of the company are better than ever, as they are focusing on building ,expanding their assetts on all the minerals that will be in huge demand during the current decade.....especially copper required for the surge in production of electric vehicles and wind turbines.....and we've got tons of it . Think its fair to say that the commodity prices of our resources of Gold ,Copper and Zinc will seey very handsome rises throughout the comming years as countries move more on to green energy, thus increasing the market value of Rockfire
Hi strummerjones, obviously I'm not obliged
to divulge my exact holding here other investors, but I can assure you its substantial and been accumulated over the last 3years and at various price levels. My target price for this share last year was 2p....this now has to be
revised higher for this coming year. Yes indeed I have become a regular poster here, I'm not attempting to ramp up this share, I believe the fact's speak for themselves. But I feel its necessary for this board to have more positive fair minded opinions about the prospects of the company for new investors to get an impression of. what seems displayed on here a lot of the time is continuous negative posts blatantly attempting to damage the share price of the company. If you are also a long term holder here I wish you well with your investment in the coming months
The Company has confirmed it's intention to focus on all 3 main resource programs ....of Gold , Copper and Zinc consecutively throughout the year ahead. Lots of positive news flow to be reported on each throughout the year. Small total number of shares in issue. Anticipation of SP rising rapidly from rock bottom of it's trading range. Huge upside potential to go beyond previous highs .Allenby broker suggests 2.3p valuation other respected investors calculate 4p rising to much higher values as recourses are further expanded . what an opportunity to invest in this company at this moment in time.
Consider very carefully what oilmanmike has calculated what the individual resources ought to be valued at now.... and what their value would be worth when further expanded. Investors buying in during these early weeks of the SP recovery are set to make some serious money, as Rockfire is so very cheap presently. It will have been noticed that we've featured on the high rises board for two trading days running, and many investors will want to know the reasons for that. Shortly the herd will arrive while the price is still grossly undervalued spiking the price dramatically upwards .Lots of regular news flow from the company will be forthcoming in respect of all three resources throughout this coming year, projecting the SP to much higher levels and towards the valuations oilmanmike as indicated.
I tend to believe that the 4p valuation suggested by Oilmanmike is more accurate. His estimate on the jorc at Copperhead was bang on the money
But whatever... it is evident that this share has an amazing amount of room to climb much higher in coming weeks, and investors should careful not to take profits too early as the reversal is well underway.
At these ridiculously cheep buy in prices. Look where the Sp's risen to in the past .. 2p+....did we loose any assets?.. No ......Grained any ? Oh yes. Copperhead jorc valution and now jorc pending on Malaoi Zinc.....so where should this SPre rate to?
An Investor note from the company's broker earlier this week as had the effect of alerting investors of the gross undervaluation here and it's present and future huge potential. Some investors have been sat watching for the right moment to get back in here , other long-term investors would not want to miss the opportunity to average down there holding to put themselves in a strong position for this coming years exciting trio programs of Gold , Coppers and Zinc. Remember this share normally traded in the range 1-2p and that was before the Copper jorc or Malaoi Zinc recourses became known. So these need to be factored in , and in a big way...some think on what we have already we should be trading up to 4p with an opportunity to expand all project recourses.
And last trade.... almost a 1m buy at 0.43p all still way way way undervalued , allowed to drop far to far .....but we're climbing with a new full year ahead and looking to drill expand on all fronts Gold Copper and Zinc......all to be in big world demand
Yes Indeed Dave85 it's difficult to understand why investors sold out below 0.7p . The Gold deposit alone a Plateau is worth more than that alone and to be expanded..... normally you would hold , put them in the bottom drawer, for better times ahead, realising that the company was succeeding in its objectives and continuing to grow its assets. Yeah worldwide events haven't been ideal and Queensland Rainey season making drilling impossible usually dampened the SP ,but from this year onwards with the Greek Malaoi prospect the company should be totally productive for 12 months of the year.....I would expect that to bring more stability to the Share price going forward from now