Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Just had a look at the 6-month graph. Today, the share price is basically where it was in mid-September.
That's surprising given, in that time:
the dewatering of level 4 and the relaunch of exploration activities at Clogau and in the Dolgellau gold field;
the continuing stream of positive news from GROC, including the release of the PEA.
1/ the result of the GM; 2/ the Supreme court judgement.
If either goes against UKOG, then there is a very real problem.
If both go UKOG's way, then, at least in the very short term, some of the downward pressure should be relieved.
Follows on from the new debt facility RNS:
https://www.londonstockexchange.com/news-article/ANGS/notice-of-general-meeting-gm-/16351750
In theory, 10% dilution has taken place this morning:
Application has been made for EBT Shares, numbering 3,005,000,000 ordinary shares in total, to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on or around 27 February 2024. (RNS of 22/02)
One wishes him every success.
But they are funds that will be stringently ring-fenced. The benefit to UKOG's other projects will come if they help to raise the share price and facilitate fund raising for those projects.