Member Info for ocelot

In Greenroc's video presentation yesterday, when asked what the quickest way would be to monetise Amitsoq, Kirk Adams replied: to sell it.

But he made it clear that is not Greenroc's intention.

If it was a question of a party seeking to become a partner in its development, he replied that they would listen to what the party proposed but, again, that their intention is to retain 100%.

They are really pretty thorough on the ecological front, as the employment of a badger-sniffing dog shows.

see page 21:

https://greenrocmining.com/wp-content/uploads/2022/01/FINAL-IMC-GreenRoc-Presentation-18.01.2022.pdf

46m traded on Aquis + AIM's 84m = 130m traded so far.

re TBS: during yesterday's video presentation, Kirk Adams noted Bluejay's claim to the highest grade ilmenite deposit in the world ... and then said Greenroc's deposit was of higher grade :-)

That $100m per annum is for graphite alone. There is also TBS, which Kirk Adams considers to be further advanced than Amitsoq.

An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period ... (RNS of Thursday, 06/01).

So that's 3.30pm today.

Some comments I first posted on the Alba board, in chronological order of the video presentation:

When Kirk Adams arrives at page 16, "Peer Review" of the graphite business, his arguments are pretty compelling, the very significant undervaluation of Greenroc stares out from the page.

On page 21 of the presentation, look at the size of the exploration target for TBS (and note the asterisk and the reservation below).

From 44:37: very cagey response from Kirk Adams to the first question, but "any sensible mining company would certainly be looking to tie up the ground around it where there is potential for graphite".

No announcement of a licence application has been made, but listeners are invited to join the dots.

Does make Greenroc sound pretty exciting: talks of $100m of annual revenues from Amitsoq and pay-back of investment within 1-2 years.

Trading at a very significant discount to peers but, in his view, Greenroc's projects look superior and easier to take into production.

The questions and answers are good stuff.

$100m of ANNUAL revenues, that is.

Does make Greenroc sound pretty exciting: talks of $100m of revenues from Amitsoq and pay-back of investment within 1-2 years.

Trading at a very significant discount to peers but, in his view, Greenroc's projects look superior and easier to take into production.

The questions and answers are good stuff.

From 44:37: very cagey response from Kirk Adams to the first question, but any sensible mining company would certainly be looking to tie up the ground around it where there is potential for graphite.

No announcement has been made, but listeners are invited to join the dots.

On page 21 of the presentation, look at the size of the exploration target for TBS (and note the asterisk and the reservation below):

https://greenrocmining.com/wp-content/uploads/2022/01/FINAL-IMC-GreenRoc-Presentation-18.01.2022.pdf

nhawan is quite a recent poster on the board and is a trader who talks his book.

Mirasol/nomlungu/HITS are long-established regulars all of whom I have filtered.

PS: and this peer review simply relates to the graphite side of the business.

I've watched about the first half of the presentation so far.

When Kirk Adams arrives at page 16, "Peer Review", his arguments are pretty compelling, the very significant undervaluation of Greenroc stares out from the page.

I fear we are all going to pay dearly for the under-investment in fossil fuels - in the case of oil, it leaves the market very vulnerable to spikes caused by "unexpected" events (which can't be anticipated, but can be expected!).

$1,839.06 + $25.32.

That's the first time it's moved above $1,830 in quite some time.

OPEC and its allies are increasing oil production but can’t solve all the sector’s issues alone, the United Arab Emirates’ energy minister said.

The industry needs investment, through the involvement of international oil companies, in order to provide adequate supplies, Suhail Al-Mazrouei said, according to the UAE’s state-run WAM news agency. Failure to provide sufficient capital may lead to future price hikes, he warned ...

A large contributor to the rally has been the failure of many OPEC+ nations to restore output halted during the pandemic, as they contend with depressed spending of their own. The group added only 60% of its mandated output boost last month, according to the International Energy Agency. But diminished spending has also been an issue for the global industry, as a result of the 2020 price collapse and as investors divert cash away from fossil fuels. (Bloomberg)

More than 10m in all at an average of 0.1475p on 19/01, today - well done, GF!

Better volume: 95.9m so far.