Member Info for Filterland

Https://www.oryktosploutos.net/2026/07/critical-raw-materials-%ce%b7-%ce%bc%ce%ac%cf%87%ce%b7-%ce%b3%ce%b9%ce%b1-%cf%84%ce%b7%ce%bd-%ce%b1%cf%85%cf%84%ce%bf%ce%bd%ce%bf%ce%bc%ce%af%ce%b1-%cf%84%ce%b7%cf%82-%ce%b5%cf%85%cf%81%cf%8e%cf%80/

Unfortunately ROCK not named at this stage, but Greece now has 6 projects lined up for CRMA status.

In the second cycle of 2026 the picture has changed significantly. The country has now submitted five additional requests, covering both mining and recycling — an enlargement that, as Mr. Tzeferis, in itself reflects the maturation of the Greek ecosystem of critical raw materials. The evaluation of the Commission's experts for these five projects was completed a few days ago in terms of technical crisis, but it has not yet been reflected in a formal decision — which is why he referred to the findings with due reservation.

Https://www.proactiveinvestors.com/companies/news/1093151/rockfire-advances-greece-germanium-project-towards-feasibility-as-critical-mineral-price-doubles-1093151.html

"The company's JORC resource was converted to the United Nations Framework Classification for Resources, making Molaoi one of the first projects in Europe to report under the new code, a step the company believes supports its application for European Union strategic minerals status."

So I may have jumped the gun a little, but surely if its application for European Union strategic minerals status is successful, the grants or other funding should follow. Otherwise what is the point in applying?

Good luck all

" At the same time, the analyses show gallium contents of up to 45 g/t., a level extremely rare worldwide."

I don't know why David Price always underplays this (doesn't play at all really). I see the old Altona Rare Earths was hyped mainly on gallium.

Thanks @Seeartiem

Rockfire Resources, through its subsidiary Hellenic Minerals IKE, has sought Strategic Project Designation and EU funding for its high-grade germanium-bearing Molaoi deposit in Greece. The application, supported by the Critical Raw Materials Act, aims to unlock financing to accelerate development, including a 500% expansion of the Inferred Mineral Resource. You can read the full analysis at Energypress (energypress.gr).

Whilst I look, for any newcomers https://energypress.gr/news/sto-rantar-tis-metlen-kai-tis-ellinikos-hrysos-protzekt-tis-rockfire-sti-lakonia

On the radar of Metlen and Hellas Gold the RockFire project in Laconia

09 12 2025 | 13:39

0 Comments

A+

A-

In the pursuit of European self-sufficiency in critical raw materials, the deposit enters dynamically in the Molaoi of Laconia. The region is becoming a potential source of germanium and gallium — two metals of strategic importance for the European high-tech industry, from microchips and photovoltaics to advanced electronic and defence systems.

Following the new capital increase completed by RockFire Resources for the continuation of the drilling program, the project is going through critically as to grow at mining level it will require size investments that only large industrial groups can support.

Contacts with Metlen and Hellas Gold are reportedly underway, who are reportedly considering participating in the next funding phase with a strong interest in a critical metal sector. The aim is, after the completion of the research drilling in 2026, to make an investment decision in 2027, if the resources are confirmed.

Essentially, RockFire has paved the way — but the mining and development of the deposit belongs to a next, much more demanding phase, where the big groups will be asked to play a role.

RockFire, listed on the London AIM market and holder of a 30-year holding by the Greek State, has already detected a deposit of a 2.2 km long and 140-meter-deep zinc deposit. The confirmed deposit amounts to 15 million tons of ore, with a content of 7.26% zinc, 1.75% lead and 39.5 g/t. silver, while real goodwill lies in germanium and gallium. = =

Geological estimates refer to 4.5–6 million tons of germanium ore, with a content of 17–25 g/t., values that are considered high for international standards. At the same time, the analyses show gallium contents of up to 45 g/t., a level extremely rare worldwide. If confirmed, the Molaoi could form a confirmed Germanic field in Europe, at a time when the continent is trying to reduce its dependence on third countries.

This trend is directly linked to Metlen's interest. Last spring, during the visit of EU Vice President Stephane Cezourne to the premises of “Aluminium of Greece”, the president of the group Vangelis Mytilineos had publicly referred to the interest in the German and Scandium without giving further details, after the company’s involvement in Gallia, pointing out that Europe needs access to strategic metals for its technological autonomy.

Given the global production of germanium — just 220 tonnes per year, versus an expected demand of 280 tonnes by 2030 — each new European resource is strategically committed.

Thus, the work of the Molaoi is developed from a mining survey to a possible European mining asset, with political and industrial weight.

Over the past two years, China has been using critical raw materials as a le

I posted the Greek press article a couple of months ago. Not saved it, but will try search for it again. Other people have posted the link too, not just me.

Regarding EU funding for Molaoi, ROCK applied for EU funding back in January. They will know by now if their application was successful, but public confirmation won't be until around October. My understanding is that any grant or funding will be held in a Greek fund, dispensed by the Greek government upon milestone completion, not all in one lump sum. But clarification is required on this, all seems very complex.

A lot of things seem to be happening or completing around October/November time. Would like to see this drill campaign finished by then, but still a lot more drilling to do in other areas, or they wouldn't have purchased a second rig.

Molaoi current strike zone is 2.2km, with high grades of ore found from 50m to 400m deep. We also know that a 700m tunnel will cost €5 million. So just €10 million more required to tunnel underground from one end of the zone to the other. Peanuts.

The total license area is 7km running almost north to south, with several more high grade zinc nodes found in the northern zone.

Current drilling, which is fully funded, is only to upgrade JORC to indicated status. You can't plan for extraction until indicated status is reached, no FID or other economic projections can legally be based on an inferred JORC. By end of year, or sooner, JORC indicated will be reached, alongside the ecological and hydrology studies. One of those has completed already.

We will have our own rig soon to add further tonnage in the north and further south zones, another huge saving. We also already have exploitation and exploration permits in place for over twenty years.

Rockfire doesn't earn any money, yet. Those gold projects in Australia will provide income in the foreseeable future, allowing Rockfire, with it's own rig, to further increase Molaoi's resources for minimal cost.

All you need is patience, within a few months things will start to heat up here. A resource of €5 billion could easily be doubled here with further drilling. And some want to get out at 0.22p ? Just ask yourself how much would Metlen pay for €5 billion of ore? Then divide that by current market cap.

Time is on ROCK's side here, not the big boys that want to buy the rights. Germanium alone will carry on becoming an ever critical mineral and further restrictions and taxes made by China or the Philippines will only make Molaoi more desirable.

Don't forget the US Chinese deal, where China loosened policy a little on export controls of critical minerals ends in November. Share price may rise in anticipation of tighter control before then. Still Germanium in every assay result to date. That is a larger and larger area of Ge at £8 million per ton.

Https://x.com/Outofthegrnd/status/2071879895513207033

Think it's just length of time people expect drill completion/JORC upgrade. They be off using that money elsewhere.

What is needed is unexpected good news, not Price throwing cold water on the fire every time it heats up.

So - early arrival of second rig, path to be taken for ore extraction as in JV or take over, stellar assays from feeder zone, finding gold, or granting of aid/grants or low interest loans to fund development , maybe bring forward expected timeline for Molaoi getting to production.

Monday AGM a good opportunity, but doubt it will be taken.

Think this was mentioned in recent interview with Out of the Grnd :

Rockfire Resources plc (AIM:ROCK)

5h •

It is with great pleasure that we welcome Lazaros Charitopoulos to our growing team at Hellenic Minerals S.A. in Greece. Lazaros has a Masters Degree in Geology from the Aristotle University of Thessaloniki. Rockfire is proud to be encouraging young earth science graduates with employment opportunities in the mining industry in Greece. Welcome Lazaros.

View Peter Tzeferis’ profile

Peter Tzeferis

• Following

Gen. Director, Mineral Raw Materials Directorate

3h •

The European Critical Raw Materials Regulation (CRMA) sets high institutional adequacy requirements for each member state. Greece has met the obligations of the first year of implementation on time: it has submitted the Article 45 report, is actively implementing the National Mineral Exploration Programme, has submitted five Strategic Projects for European evaluation and has set up six thematic subgroups as a national implementation mechanism with the expanded participation of public administration, the business world and academia.

Https://www.linkedin.com/posts/petertzeferis_%CE%BF-%CE%BC%CE%B7%CF%87%CE%B1%CE%BD%CE%B9%CF%83%CE%BC%CF%8C%CF%82-%CF%85%CE%BB%CE%BF%CF%80%CE%BF%CE%AF%CE%B7%CF%83%CE%B7%CF%82-%CF%84%CE%BF%CF%85-%CE%B5%CF%85%CF%81%CF%89%CF%80%CE%B1%CF%8A%CE%BA%CE%BF%CF%8D-%CE%BA%CE%B1%CE%BD%CE%BF%CE%BD%CE%B9%CF%83%CE%BC%CE%BF%CF%8D-share-7473287797613977600-7nA1/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAE_wsRUBLk0GbTmvd-4ZBsjmQVRUxHKFQJ8

From 11am this morning, just before the buying began :

Peter Tzeferis

• Following

Gen. Director, Mineral Raw Materials Directorate

11h •

In 2025, the Greek mining sector continued its upward trend, recording an increase in production, an increase in turnover and a strong export orientation. According to the SME report, Greece maintains its leading position in the EU in industrial minerals, confirming the strategic importance of the sector for European autonomy in critical raw materials, the energy transition and the national economy. See. the full report of the 2025 futures in the attached file.

One part of the recent interview I overlooked regards to gallium :

1. The Geologist's Honesty on GalliumIn the interview, Price explicitly notes that the average natural background abundance of gallium in the Earth's crust sits around 11 to 12 grams per tonne (g/t). Molaoi is currently averaging about 19 to 20 g/t of gallium.The Verdict: While these numbers are technically higher than normal crust levels, Price states they are merely "elevated" rather than truly "anomalous".The Strategy: He openly stated, "I'm not putting a big song and dance around the gallium because it is really only elevated." However, he confirmed that if they successfully build a processing plant to extract the high-grade germanium, they will absolutely extract the gallium as a secondary byproduct. He is simply keeping the market's focus on the massive economic driver: the germanium.

AI generated response, but clearly shows how recent broker forecast of 0.94p a share was calculated. NPV updated at today's metal prices.

An evaluation of recent broker data from Research Tree (released late March 2026) reveals that your estimation of the project is structurally correct. Analysts explicitly confirm that germanium is entirely omitted from Rockfire’s valuation models and that their current peer-group calculations use outdated base metal curves.An updated evaluation of the project's real-time asset profile, alongside a structured entry roadmap tailored to the upcoming regulatory catalyst windows, clarifies the project's current financial trajectory.Part 1: Updated "In-Ground" Resource ValueIn mining economics, the raw dollar value of the rock in the ground is calculated before factoring in extraction costs (OpEx) and plant building costs (CapEx) to establish the project's true Net Present Value (NPV).An analyst note outlines that peer companies are valued at an average of £46.90 per attributable tonne of Zinc-Equivalent (ZnEq). Rockfire, by contrast, is severely mispriced by the market, trading at a mere £7.60 per tonne.Using the 15 million tonne base resource, a 30% JORC upgrade (raising total ore to 19.5 million tonnes), and updated 2026 metal spot prices (Silver at $70.98/oz, Zinc at $3,560/t, and Germanium at $8,597.50/kg), the recalculated gross in-situ asset value scales significantly:Zinc Inventory Value (at 7.5% average grade): $5.20 BillionSilver Inventory Value (at 35 g/t average grade): $1.55 BillionGermanium Inventory Value (102t base + 30% upgrade = 132.6t): $1.14 BillionTotal Recalculated Gross In-Ground Value: $7.90 Billion (~£6.20 Billion)The Impact on a Buyout Target ValueApplying a conservative 1.25% development stage multiplier to this gross valuation yields a post-December fair target buyout value for the Molaoi project of approximately $98.7 million (£77.4 million).Even after factoring in a 30% equity dilution to cover intermediate drilling costs, this re-rating pushes Rockfire's target fair value to 0.94p per share—representing a 487% (nearly 6x) return on investment over the current 0.16p share price.

Nice to see you still around Jungle, thanks for the L2

Up 30% on AQSE index, no reported trades there, spread 0.15 / 0.19