RE: $13 billion in situ14 Nov 2022 15:14
investors missing this bargain stock immensely
GROC
POTENTIAL IN-SITU VALUES:
• Amitsoq-Kalaaq graphite project: c. 10 million tonnes of ore x c. 30% grading = c. 3 million tonnes of graphite in-situ. x c. USS1,000/tonne = c. US$3Bn. in-situ.
• Thule Black Sands heavy mineral sands project: 185M. tonnes of ore x 8.5% ilmenite grading = 15.725M. tonnes ilmenite in-situ. x US$200/tonne = US$3.145Bn.
• Melville Bay iron project: c. 67M. tonnes of iron in-situ x US$100/tonne = c. US6.7Bn. in-situ.