Member Info for Jeremiah99

Well a few flecks of gold won't 'butter no parsnips' for us. How come the old time miners managed 17gms/tonne - not to mention what may have been smuggled out surreptitiously ;-) With our loudly proclaimed superior modern techniques I had expected for us to be into useful amounts of gold by now. Maybe one poster was right and the old miners picked the place clean?

I agree. Given the value of the assets we have are well into the £billions, with perhaps more in the area remaining to be discovered, any firm political/financial support ought to propel us much higher. Should we ever get to steady production without having to give too much away to fund it, then this company could eventually be valued in the £hundreds of millions. "Many a slip twixt cup and lip" tho, including Donny nudging our elbow as we go for our first swig :-)

If I'm not mistaken, ilmenite is a precursor to titanium metal, important for military and medical uses. So likely to be of interest to the US as a strategic mineral. It would be good if they purchase the Black Sands, giving us enough cash to underpin our graphite mining/processing efforts.

The rise in Alba is disproportionate to the rise in Groc by about 4x IMO. Since we only own 28% of Groc our Mcap should only have gone up about £350k but we went up around £1.2m if my maths is correct (these are rough figures) So either a P&D or something going on in the background?

I think u mean hot cakes, mate. Hot potatoes get dropped quickly :-)

In your opinion, what should he have done differently?

Oops, I'll get me coat....:-(

They're confirming that only three coins will be auctioned, as opposed to the ten coins that someone erroneously mentioned the other day. I had thought all this publicity would have moved the s/p on a bit more than it has. Could be because we have only produced the coins from the waste left by the old timers. We need to show that they didn't pick the place clean, and that there is more gold to come out of the mine to prove we can be profitable long term.

As I've said before, it would take an exceptionally incompetent BoD to fail to return significant shareholder value with gold prices like this. Over to you George...

Stringer01 - you're the grey cloud that every silver lining comes with :-)

There's a link at the end of that article to another one by the same reporter from 7/4/25 about the Chingola purchase, with maps etc.

Aren't we somewhat more committed to the EU, having already begun the groundwork for the graphite processing plant in Norway? Though I guess our plans can soon change should the right inducement be offered ;-)

The s/p not moving much on a day like today suggests the market has received this positively. All will be forgiven if the BoD ultimately deliver us our long awaited shareholder value.

If I'm reading it right it looks like snouts in trough to me. Why would the Arcm BoD need any incentivisation when everything is in AAs hands?

That ought to generate a bit of good publicity. Nice round figure for the headline :-)

From Google (AI generated) "China is the world's leading exporter of artificial (synthetic) graphite, having exported nearly 561 thousand metric tons in 2023, valued at $1.28 billion. "

So any of that headed for the US will now be hit with a 54% tariff - Ouch. But this must be a big positive for Greenroc

Yes £16k is pretty good, over 6x spot price, and exactly 50x what I paid for a 1oz krugerrand back in 2007 . :-)

We are a little beyond simply being an explorer as we have a mine and a resource, though as yet not fully scoped out. A company with 4-5milluon tonnes of contained graphite, worth well into the billions of $$$ with who knows what yet to be discovered in adjacent areas, and with two continents avidly seeking those assets and ready with financial and fast track bureaucratic support, has got to be worth a lot more than £4m.

It's not the time to be adhering to usual mine development conventions (as I think Trump understands, he sees Western bureaucracy just getting in the way. China just ploughs ahead gobbling up global resources where it can) Some end users have been buying up raw resources to guarantee future supply. If I were Elon I would be eager to get my hands on Amitsoq (though it appears his personality has somewhat damaged the Tesla brand name, but that's another topic) I would be quite happy to have a 20-30 bagger offer sooner rather than a 50-100 bagger later - if you're listening Elon ;-)

Maybe there should be a nominal charge before being able to first bid, say £10 or £20? That might deter time wasters.

I said months ago that a 50-100 bagger is potentially possible but we'd have to have all our ducks lined up, and that it would take several years. Trump v EU may or may not work in our favour, you'd have to hope that it would at least speed things up but there is also the potential to get us bogged down in a quagmire of a geopolitical tug of war - years of wrangling over who gets what. Still, I topped up at 1.338p this morning as the current s/p versus the potential is ridiculous despite the uncertainty, IMO.