Member Info for MrJones

"The Board now plans a further distribution and is contemplating a tender offer to return up to £21 million to shareholders. it is proposed that the tender offer would be effected at a price of 19p per share."

My understanding is, we will get a return IF the share price gets to 19p. Then the £21m will be returned to us.

Let's not forget Alba's holdings in Greenroc (Groc) of 34.72% - which will yield benefits in the coming years.

Bought another 6,619,803 top up.

Just need the gold now!

The video update (link at top of page via Admin) gives an informative background to the steps being taken by GROC.

This is worth a punt for long term holders, especially if funding via EU and joint ventures help to achieve GreenRoc Strategic Materials progress graphite mine. The end goal has the prospect of making the share a multibagger - but not today and not for short term holders.

Positive steps towards the end goal of graphite exploration and battery production in Greenland. Also looks like the right choice has been made in Norway. Hopefully these moves will help secure funding and the production in the EU rather than reliance outside (China).

Well done GROC.

"Gallium and germanium have jumped 20% to 30% since the restrictions, and it’s likely graphite prices could increase by a similar amount, said Steve Man, an analyst at Bloomberg Intelligence"

The potential of GROC portfolio looks much better with the news from China and the decoupling currently taking place globally.

European car production will not want to be at the mercy of China, who will favour their own market.

Worth taking part in this online meeting - the presentation and Q&A were excellent last time.

Easy to sign up and worthwhile submitting any questions beforehand.

Perfect opportunity for shareholders and potential investors to get up close with the leadership of GROC.

Good to see the RNS noting the urgent need for graphite alternatives to China - now we need an urgent ramping up of graphite exploration in Greenland via Greenroc - a perfect time for a big partnership investment.

As China begins to control and limit exports of graphite due to the U.S./China trade war - this provides an ever more urgent need for alternatives to China for graphite.

This is where Greenroc can provide a much needed avenue for graphite extraction.

"China, which dominates global supply chains for the mineral, will require special export permits for three grades of graphite"

https://www.ft.com/content/8af8c05c-8e54-40e9-9051-5a0b2b036c32

Broker predicting 12p share price.

Markets showing just over 5p.

Lots of upside potential.

https://www.proactiveinvestors.co.uk/companies/news/1029839/seeing-machines-performance-lauded-one-investment-bank-thinks-the-stock-is-worth-12p-1029839.html

I am *guessing* an update on Greenland is due very soon.

Nice to see it ticking up today.

"The Global Refinance Facility is expected to contain less onerous covenants and would make allowance for the payment of dividends in line with the Company's goal of returning capital to shareholders"

My fav line from the RNS

My envelope arrived with DHL this afternoon and I had totally forgotten about my Evraz shares - pity it didn't come with a prepaid envelope so we could vote at the AGM.

Sadly dated 2019, so I wouldn't get your hopes up that the share price is somehow coming back anytime soon.

Financial Highlights

• Maiden net profit of £3,606,624 post tax

• Oil revenues increased by 340%

• Basic earnings per share increased by over 485%

• Cash balances and near-term receivables stand in excess of £9,750,000 as at12 May 2023

• Debt free

• Funded for all operational, contracted and planned CAPEX costs, including budgeted drilling activities for at least the next 12 months

• Capital Reduction granted for share buy-back programme and the payment of a 0.8 pence Maiden Special Dividend during December 2022

• Post period end an Interim Dividend of 0.3 pence declared to be paid July 2023

The last GROC live Q&A was worth registering for - very informative and helpful, plus answering investors questions about the project proved very beneficial for shareholders.

Great to see GROC advancing towards production in Greenland.

Good update as GROC progresses towards production.

Also worthwhile the registration for another live Q&A session. GROC certainly do keep their investors fully informed of how the project is developing.

""Establishing our Greenlandic registered subsidiary, Greenland Graphite a/s, also represents another milestone for the Company. As well as satisfying Greenlandic mining regulations which requires the formation of a Greenlandic company prior to the commencement of any mining operations, Greenland Graphite a/s will also enable the Company to access more easily EU funding programmes in the field of critical raw materials, something the Company is currently actively exploring."

Did anybody go to the AGM today?

Looks like something big is happening with the share price as it continues to climb.

The share price is indeed gaining momentum and seems to indicate news via RNS could drop any day now. We must be due an update.

Last few months have been positive (imho).

With very few shares available to wannabe shareholders ( in comparison to Alba), GROC can rise (or fall) quickly.

Up 17% this week at the moment and this is before any market announcements other than directors buying shares.
All we need now is a positive RNS and we could see quite a steep climb in the share price.
Alba is ticking along nicely too.....