Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Unfortunately this will now be shorted to well below a penny over the coming weeks ...it's taken nearly 5 months to get this update from October last year..a pity but the market appears to have made up its mind
There has been no meaningful rns since the 20th October...just videos and twitter tweets.
Yes jam ...I've seen the endless videos and twitter updates but I only base my judgements upon regulated news as this is the only medium that is signed off by the nomad and has accountability.
The lack on news since the 20th October alongside the maturity extension of the bond with yields increasing from 1% to 3% gives the perceived impression that were struggling to attain any meaningful contracts. I hope I'm wrong and that this is just prudent financial housekeeping but the wait for news is in my opinion well overdue.
Unfortunately with no market updates since the 20th October this has continued to drift south.
However if and when positive news lands one could quite easily be locked out.
No market update since the 20th October...so we'll overdue on news...possibly reached the bottom on share price ..news probably over the next 2/4 weeks ..any positive news on contracts and we could see a 300% plus rise from here.
For most medium and long term holders it would of been better to have entered administration as at least you could of mitigated losses against profits to reduce tax bill.
The next stage will be a share consolidation with even more dilution..may get a small rally before then
Hopefully we will have some positive news on the above over the next few weeks.
As it wasn't mentioned in the corporate update,
We may get further updates shortly.
Coincodex ...GS20 EXCHANGE
Can currently trade 10 trading pairs across 2 markets..biggest gainer on the gst20 exchange is coal/usdt gaining 8.6% on the day
This week should hopefully be so much clearer once the above drops plus some news on jv loi.
I have just set up an account on gs20 exchange appears to be fully operational for trading
Current mcap ia around 16..17m with 890m
Shares issued..so 30m should be achievable
Yes we are fully funded now until either production reaches levels where we are cash flow positive from ggs enhancements or the jv kicks in.
840 million shares will be in issue from 10th October ...with additional bond holders likely to convert the 1billion share levels are on the horizon...expect a possible share consolidation which maybe driven by the jv partner to ensure some share price stability.
Agree this is the latest elephant in the room that now remains...and would constitute the final nail in the coffin for shareholders
The resolution for consolidation was put forward in previous rns to shareholders and voted on.
Acceptance to consolidate at some point was a validated resolution.
The timing of this is with directors.
In the last 2 years the company have raised 5m
And 4.5m for years 2021 & 2022..the question is will they again raise in Sept or Oct 2023..and if so at what price ...the share is currently on its knees.
House brokers are somewhat irrelevant...they are paid by their client
Last year it came our on the 16th August 2022..
We should be receiving the quarters results soon..
So should be a heavy news period this month.
Mcap is now approximately 18m with 696,000,000 shares in issue.
Let's all hope for a stonking operations update in the next few days.