Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
This company needs a chang of direction and fast the RNS states we have funding for mid to late 2021 so 8months there about the price faling is going to make dilution more heavy
If there is a negotiation going on the longer it takes the weaker our position
This is the strategy of the other side (if there is one) and will work a treat if its aloud to play out
Negotiations need to have a specific and short time limit for a solid commitment or move on before we have our backs to the wall.
Or we except more royalty deals with FN and alike
Bhp can't crie about it because the board works in the company's intrest not for them
I don't know much about corporate law but I know people we need to come from a position of strength and we can't afford to give that away
FTJNY let's assume there is some discussion going on behind closed doors .
Do we know if there is any time restrictions on how long this can go on.
We can't be left for years but 6 months 3 months
It seems there must be a time limit before something is reported to share holder
Any one?
I think the problem here is the asset is worth to much .
There is not enough company's with the funds to take this all the way if the asset was half the size we would have a much larger pool of souters.
Unfortunately drilling other areas has compounded the problem instead of helping its pushed us further out of reach
The danger we are facing is we keep borrowing exploring spending but so far haven't monetized anything cary on like that much longer and we will go bust and someone picks up a bargain (no prizes for guessing who)
The answer to me seams we need a company large enough to afford this with a strong demand for copper and maybe a tunel boaring experience throne in the type of company thats worth half a trillion dollars and could invest 10 billion on its own future
Imho
RICH3R 1% £6.4M when I get there I'm definitely gone
This share was roughly 30%of my portfolio now its about 90 because the others lost nearly all there value
So 2 cinarios come to mind 1: this time I'm following some investing geniuses and this is the one
Or 2:you lot are all domed because I'm involved
The cliff hanger continues
GLA