Member Info for HawaiifiveO

It seems to be a trait of market makers to cut prices at a flash to deter interest yet when buyers come they cut online buying in the same fashion, the point is you have to buy stocks like this when it is quiet, it looks very likely that GROC will receive the $3.5m (more than the current m/cap) from the US bank but what it also does suggest is the company could so easily be acquired.

The Letter of Interest also means equity dilution is unlikely now, good news indeed.

At current levels the shares are dirt cheap therefore, the issue is getting a reasonable slice of stock.

Bell tweet, 2 comments so far.

https://x.com/ABell2019/status/1780903008894632199

Despite it being quiet there are only £10k of shares on offer before they want a premium, it shows how illiquid this stock is.

Hard to say when news on the 5 licence/projects up for sale will come however the buyer must have a clear understanding of these. The numbers are what everyone wants to know, however it would hardly be worth FCM's while unless they were of some scale.

Even if a package came in at $3m/$4m it would still be well above the current m/cap, you have to be in it to win, if decent sale proceeds are attained you will not be able to buy at anywhere near the current price levels on RNS day.

I expect buyers will return shortly anticipating the next update.

Hardly any stock available at offer price currently, the shares were trading around 5p in November last year, yesterdays news was very positive and unexpected, a possible $3.5m from a US Bank, that will prick the ears of other financiers and has put GROC on the US map.

All this for a £3m m/cap company.

Share price should continue to recover therefore, for chartists there is a gap to 3.2p that needs filling.

Maximising value for shareholders - short podcast today

https://x.com/GreenRocMining/status/1780129246737744260

You would never have believed they are in the process of potentially selling up-to 5 projects/licences from the pathetic share price reaction.

Goodness knows why this sits around current levels, on the RNS day a rather grubby outfit announced to their brethren they had sold (because they were bored of the stock) so no doubt a few others followed as they have some Hive group.

The question is how much could these licences sell for, the range on social media sits $4m to $9m, the current m/cap is only circa £2.5m so why are folks not piling into the stock?

It has been implied more news will follow regarding the sale, the prospective buyer seems to be fast moving so not long to wait, unless the sale falls through completely (unlikely IMO) the current SP is a no brainer buy IMO.

Clearly some business has been completed in Kenya, where next ?

https://x.com/ABell2019/status/1780077825879396815

Are management forcing the cornerstone investors hands, they include Glencore.

Do the equity cornerstones want to be wiped out, they could easily finance it themselves.

It's not over until it's over, a game of poker. no less.

Who knows ?

Positive news today, seems GROC is on the US map, to secure early funding from that source is extremely bullish.

Seems to be interest in CGNR over the weekend with a number of comments on social media, suggestions the company may be talking to new prospective partners, something the Prof hinted at in a recent interview.

Whichever way you look at this the share price is rock bottom and the sector is starting to bounce, the circa 45m shares are tightly held, as a result you can get disproportional share price moves on thin volume.

Probably worth a punt at current levels, price was 18p in Q4 last year.

Https://youtu.be/k_Clx318wGU?feature=shared

Not much stock on offer currently, are the shares about to go on another run, always a good sign when it is hard to buy.

4p+ coming soon IMO.

From X earlier

https://x.com/StocksTurtle/status/1777965926505140258

#FCM rumours of up to £9m aggregate sale proceeds from the 79th group disposal. Serious outfit with deep pockets.

That’s about 10p per share in cash.

3p to buy today. 300% move

Market Bull interview.....

https://twitter.com/TheMarketBullAU/status/1777923006263914899

This was posted by AB yesterday with replies from Winnifrith who remains a RRR shareholder, he mentions Lenigas

https://x.com/ABell2019/status/1777285387582378251

I see News has rumbled the resident basher Banburyboy yet again, this individual has been exposed for lying, no surprise there. So BB says he has been around for 5+ years posting on RRR yet the account was only created 3 years ago, so what was the alias prior?

Remember the CEO of RRR came on this board firing a (legal) shot across the bow of BB implying he had resemblances to Carp, many 'normal' individuals would have backed off to some extent but BB continued unabated, that in itself seems very strange.

I ask if you had no shares in Red Rock (a £2m outfit) and were warned by the CEO to back off or potentially face significant financial penalties surely most sensible individuals would call it a day, not BB, this individual has and continues to try to destroy shareholder value by 24/7 negative garbage, even seeking out the CEO's home address + delving into Companies House to try to diss further.

No BB is here for financial gain, I do not believe a word the fellow says, of course he will deny every accusation with vigour but slowly News is finding holes in the lies.

I am sure when AB's workload diminishes the matter of BB will be re-visited as implied by Helpful.

Paul Johnson recent tweet which I agree given todays news, current £2.6m market cap is pure lunacy.

@pauljohnson9691

Market responded positively to this news - another brilliant example of a company seeking self-financing approach. It’s clear to me @FirstClassMetal #FCM should be valued many times higher than current cap.

The selling appears to have come from that rather grubby outfit Total Market Solutions - they have some Hive Group as well.

They seem be fed up waiting for the shares to rise, got bored, holding too long etc, so have sold at a loss.

https://x.com/TMS_MarketInfo/status/1777612275005743513

Short termism at it's best, gives others the opportunity to acquire at basement levels !

Who the heck is selling this morning, seems balmy given today's news of asset sales verses a circa £3m m/cap - one does wonder if there is a short position in the stock, the sector has been a rolling short for 3 years and the instigators have made a small fortune since.

The market makers have to be part of the 'game' happy to take stocks down on tiny sells/volume yet when buyers come in they close online and go all shy until the prospective purchasers move on so the status quo continues.

The shrewd will be buying nonetheless given todays update with further news to follow.

I wonder how many 'city types' are the wrong side of the trade following this very welcome news, it also explains why someone was happy to put in £160k via a premium placing at 4.5p a share just recently.

The shares are a gift currently given today's news, however it will be nigh impossible to buy many around current levels, the market makers will see to that !