Member Info for ocelot

FUNDING, SOME QUOTATIONS:

From 14:42.

"Importantly, EIFO have signalled they are very interested in supporting the project further ...

At the stage where we go into construction, ... they can provide a substantial part of the several hundreds of millions of euros that we need to build the mine and build the processing plant".

From 42:10

"Today we have access to almost all the funds we need from the Danish EIFO ... we can supplement the loan from EIFO next year and the year after and so forth ...

So, we are well-funded to go forward, we can see a clear path towards completion of the work towards the FID and also at the final construction stage".

From 44:48

"And actually investing or financing projects at our stage is very unusual for them (EIFO). Usually where they come in is at the stage of construction and there, they can easily put a couple of hundred million euros on the table.

So it's a fantastic situation already now to be able to say that that part is already covered ..."

Also mentions expressions of interest at the construction stage from the EIB and they are talking to a couple of private funds, one Japanese, one European.

Https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=6007282

01/02: move into the processing plant premises

then have a month to prepare the premises before

1st week in March: delivery of processing mills from China

Https://www.gov.uk/government/news/record-breaking-auction-for-offshore-wind-secured-to-take-back-control-of-britains-energy

thanks to kevkan on the EPP board

How's that? really quick, already on their Webinar page!

https://greenrocplc.com/webinars/lyaK7r-2025-recap-2026-outlook

How's that? really quick, already on their Webinar page!

https://greenrocplc.com/webinars/lyaK7r-2025-recap-2026-outlook

In his presentation, SB displayed again the net present value figures calculated a couple of year ago, totalling USD 800m for Amitsoq and the processing plant.

So Alba's stake in GROC, discounting projected cash flows at 8% per annum, is today worth about USD 200m.

Start of production prudently planned for late 2029. In favourable circumstances, that could be advanced by about 6 months.

TSX was mentioned in the question. He answered that they are looking at the options with a view to increasing liquidity in the stock and the investor base.

Sounded very confident about funding through to production. "Not worried" about funding, mentioned receiving expressions of interest in construction from different sources including a Japanese one.

Also highlighted that the RESourceEU Action Plan is aiming to mobilise EUR 3bn within the next 12 months (more details to be announced).

In answer to a question, considering the issue of a new research note.

Way undervalued, imho.

Note: the webinar should be available on GROC's site later today or tomorrow.

Sounded very confident about funding through to production. "Not worried" about funding, mentioned receiving expressions of interest in construction from different sources including a Japanese one.

Also highlighted that the RESourceEU Action Plan is aiming to mobilise EUR 3bn within the next 12 months (more details to be announced).

In answer to a question, considering the issue of a new research note.

Way undervalued, imho.

Alba has ticked lower but GROC is ticking higher ahead of this morning's webinar at 11am.

13 likes for the update of earlier today.

It's another indication of livelier interest in Alba.

One more positive person here.

At some stage, believe Alba's prescience in investing in Greenland and its persistence in advancing Clogau will be recognised and rewarded by the market.

Inserted a surplus word there, "external"

'Anything less' than US control of Greenland 'unacceptable', Trump says

published 14:50

Donald Trump reiterated his position on Greenland today, posting on his Truth Social media platform, external that the island is "vital" for US national ...

In the DEEP.KBB RNS of 27/01/25, the projected cost of UKOG'S proposal was put at GBP 800m.

"... applying Xodus supplied cost data to the proposed cushion gas scheme, South Dorset CAPEX is now estimated to be around £800 million in today's money, ..."

GBP 800m is just 1/10th of the estimated constraint costs for the one year, 2030.

The projected cost of UKOG'S proposed long-term energy storage solution is small by comparison to the estimated constraint costs for just the one year, 2030.

UKOG proposes a long-term energy storage solution.