Member Info for Mullins58

https://******************************************yaxvkp-high-resolution-drone-survey-completed-at-motzfeldt-south-greenland

S , a great post .ATB

Its a much nicer place to be and discuss the company in a respectful manner with good and bad views. ATB

Jimbo , thanks for posting, looking very positive for 2026. ATB

USE THE FILTER AND STOP ENGAGING THESE AWFUL PEOPLE

I thought it was an honest update regarding where we are and where we are going in 2026. ATB

With all these rockets flying around , perhaps Mike will join NASA and fly off to the moon. ATB

Europe's quest to reduce its reliance on lithium-ion batteries produced in other countries is progressing, with data from New AutoMotive showing that 30 individual battery gigafactories are now live across Europe.22 Jul 2025

4.10 / 1.4m

Had an answer back this morning re blasting time scales.

company appreciate SH's patience , will issue a RNS when news allows.

Its slow at the moment , buyers have paid 4p this morning. In real terms, waiting 6 months is short when considering investment time scales !

3.98 / 845k

Staged Development Strategy

The Company continues to advance Amapá through a disciplined staged redevelopment strategy designed to manage technical, permitting and capital risk.

As announced earlier this month, the Azteca processing plant has secured US$4.6 million of funding to complete the relevant licence applications and undertake refurbishment and recommissioning activities. Subject to the grant of the required licences, initial works will focus on the restart of the Azteca processing plant and associated infrastructure required for Azteca operations.

The Azteca plant is forecast to produce approximately 380,000 to 400,000 tonnes per annum of iron ore concentrate grading approximately 65% Fe, providing an initial operational platform to support further technical and feasibility work across the broader Project.

In addition, the Company has previously evaluated a potential intermediate development scenario capable of producing approximately 2.5 to 3.5 million tonnes per annum of DR-grade iron ore concentrate, utilising existing rail infrastructure and third-party port facilities. This scenario remains conceptual, has not been the subject of a Definitive Feasibility Study, and is not currently the focus of development activity.

The longer-term development plan for Amapá envisages production of up to 5.5 million tonnes per annum of DR-grade iron ore utilising integrated mine, processing, rail and port infrastructure under the Project's control. Any expansion beyond the Azteca plant would remain subject to completion of Definitive Feasibility Studies ("DFS"), receipt of the relevant environmental licences and financing decisions.

Licensing Status and Regulatory Process

Progression of the Amapá Project requires completion of Brazil's environmental and operational licensing processes at municipal, state and federal levels. The Agreement provides administrative clarity at the municipal level and removes historical uncertainty that previously constrained routine permitting activities.

In line with the Company's staged redevelopment strategy, current efforts remain focused on the grant of the mine's Installation Licence ("LI"). As part of this process, DEV has submitted the supplemental archaeological study to the Instituto do Patrimônio Histórico e Artístico Nacional ("IPHAN"), whose clearance is required as part of the LI process.

While the Company welcomes recent public statements from representatives of the State of Amapá regarding the importance of the Project to regional development, all environmental licensing decisions remain subject to technical review and regulatory approval in accordance with Brazil's established legal framework. The Company is not deviating from the statutory process.

Judicial Settlement with the Municipality of Pedra Branca do Amapari

Cadence confirms that DEV Mineração S.A. ("DEV"), the owner and operator of the Amapá Project, has executed and completed the first payment under a Judicial Settlement Agreement (the "Agreement") with the Municipality of Pedra Branca do Amapari (the "Municipality"). The Agreement has been ratified by the Court and is supported by the State within the applicable judicial and regulatory framework.

The Agreement resolves long-standing municipal legacy matters inherited from previous operators and establishes a stable and predictable administrative framework for DEV's activities within the Municipality, materially improving the operating environment for the Project.

Under the Agreement, DEV will provide R$10 million in social compensation, including an initial R$5 million payment. In return, the Municipality has lifted prior embargoes, confirmed that following execution of the Agreement DEV has no outstanding municipal liabilities covered by the settlement, and agreed to process and issue, where applicable, the routine municipal authorisations and certificates customarily required to support licensing and operational activities, strictly in accordance with applicable legislation.

Technical Engagement and Capital Pathway Context

As announced previously, Cadence, together with Pedra Branca Alliance Ltd. ("PBA"), hosted a technical programme in London with Wandenberg Pitaluga Filho, President of the Economic Development Agency of Amapá.

The programme provided an opportunity to outline the Project's long-term development pathway, integrated infrastructure potential and the typical financing frameworks applicable to large-scale mining developments. Discussions were technical and introductory in nature and were intended to support understanding of the Project's scale, sequencing and capital requirements.

Meetings were held with groups active across equity investment, institutional debt, royalty and streaming, offtake and prepayment finance, and logistics and infrastructure. All discussions were non-binding and exploratory, focused on capital availability, financing structures and customary requirements at different stages of project development.

The technical engagement was constructive and met its stated objectives, providing the State with increased visibility on the Project's staged development pathway and the depth and diversity of capital pools typically available in the London market for projects of this nature.

GreenRoc's CEO, Stefan Bernstein, commented:

"We are delighted to announce this significant grant from the Danish EUDP programme. This non-dilutive funding will allow GreenRoc to work with and receive technical support from the strong research expertise within two departments at the Danish Technical University as well as from IPU, a leading engineering consultancy company. The EU-Graphite project will be at the forefront of sustainable battery materials innovation in Europe. By validating an HF-free purification process for graphite, we will not only be addressing critical environmental and regulatory challenges but also strengthening Europe's supply chain resilience for battery-grade materials.

"This funding enables us to accelerate our technical development, reduce execution risk, and move towards industrial-scale production. Our ambition is to establish a fully European, environmentally responsible pathway from resource to battery anode material - reducing dependency on overseas supply and supporting the green energy transition.

"We thank the EUDP and our consortium partners and stakeholders for their trust and collaboration. Together, we are building a foundation for sustainable growth, innovation, and value creation for all our stakeholders."

Hans Nørgaard Hansen, Head of Department DTU Construct, states:

"DTU Construct is pleased to contribute to more sustainable anode production for batteries, thereby advancing innovative solutions for the green transition."

GreenRoc's CEO, Stefan Bernstein, commented:

"We are delighted to announce this significant grant from the Danish EUDP programme. This non-dilutive funding will allow GreenRoc to work with and receive technical support from the strong research expertise within two departments at the Danish Technical University as well as from IPU, a leading engineering consultancy company. The EU-Graphite project will be at the forefront of sustainable battery materials innovation in Europe. By validating an HF-free purification process for graphite, we will not only be addressing critical environmental and regulatory challenges but also strengthening Europe's supply chain resilience for battery-grade materials.

"This funding enables us to accelerate our technical development, reduce execution risk, and move towards industrial-scale production. Our ambition is to establish a fully European, environmentally responsible pathway from resource to battery anode material - reducing dependency on overseas supply and supporting the green energy transition.

"We thank the EUDP and our consortium partners and stakeholders for their trust and collaboration. Together, we are building a foundation for sustainable growth, innovation, and value creation for all our stakeholders."

Https://www.londonstockexchange.com/news-article/GROC/greenroc-consortium-receives-ps1-2m-danish-grant/17372802

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is delighted to announce that its wholly owned Danish subsidiary GreenRoc DK a/s, together with its consortium partners, has been granted a sum of up to DKK 10,448,826 (ca £1.2m) for its proposed project entitled "EU-Graphite: Building European production of graphite active anode material" ("EU-Graphite") from the Energy Technology Development and Demonstration Programme ("EUDP"), a Danish government funding programme.