Member Info for ocelot

SP Angel has covered this morning's RNS in its Today's Market View but not provided its own conclusion:

https://www.share-talk.com/sp-angel-todays-market-view-thursday-30th-april-2026/

"To put these results in context, the average TREO (Total Rare Earth Oxides) , Niobium and Zirconium grades in these samples is in each case at least 2.6 times greater than the equivalent grades in the current Motzfeldt JORC resource area which was delineated solely from drilling at the Aries deposit, around 2km away from Merino (Figure 1)".

Those assay results from Merino look to be highly encouraging.

Significant sulphide material observed on current development face and adjacent footwall.

Historical data indicates that next blasts may intersect a possible payshoot, the "No.2 Shoot" ...

Blasts 7-10 material yet to be processed at all

Brent $115.3, May gas 114.25p

On past evidence, Mr Trump will say something very soon to calm energy market prices.

Brent $113.8, May gas future 112.55p

Becoming a more "institutional" stock?

Conclusion: GreenRoc now look well placed to aid the development of the EU battery industry through the production of AMM material for test purposes. (SP Angel's Today's Market View)

https://www.share-talk.com/sp-angel-todays-market-view-wednesday-29th-april-2026/

"US signals no letup of naval blockade as it aims to squeeze Iran".

The title of Bloomberg's home page leading article.

Not looking good for a resolution of the conflict any time soon.

"We are delighted with the successful commissioning of the graphite mill lines at our AAM pilot plant, WHICH WE BELIEVE TO BE EUROPE'S FIRST NATURAL FLAKE GRAPHITE PILOT PLANT ..."

Setting the pace!

Well done and congratulations, the pilot plant team!

From that same RNS of 22/10/25:

Peter Boeskov, CCO at EIFO, commented:

"... Developing mining projects requires capital and if everything goes according to plan, EIFO is interested in continued support of

GreenRoc in collaboration with other financial partners and investors."

Reminder of some of the financial provisions of the EIFO EUR 5.2m facility:

"the inclusion of a valuation floor for the purpose of conversion - if GreenRoc's market capitalisation is less

than £30m on conversion, it will be treated for the purposes of conversion as if it has a market capitalisation

of £30m ...

The Loan converts into Ordinary Shares at a price equal to their market price at that time, less a 20% discount,

subject to a valuation floor of £30m, and a valuation ceiling of £140m".

https://greenrocplc.com/announcements/7221478

The market appears to have taken no note of SB's conviction that the EIFO is prepared to offer finance to the company through to production.

If proven to be the case, this de-risks GROC's projects financially and alone justifies a much higher market price..

Https://www.reuters.com/business/critical-metals-acquire-european-lithium-835-million-2026-04-27/

Late ⁠last year, Reuters reported that the Trump administration had discussed taking a stake in Critical Metals, which would give Washington a direct interest in the Tanbreez project.

Will give Critical Metals full ownership of its Tanbreez giant rare earth deposit in South Greenland.

Friedrich Merz has pulled no punches in his criticism of the conduct of the Iran war.

"President Donald Trump is being “humiliated” by Iran two months into a war, which the US and Israel started but Washington appears unable to end" (opening line of Bloomberg's Evening Briefing).

Read a comment that if the US blockade of the Strait of Hormuz wasn't leaky, oil would be nearer $200 than $100.

Raises the possibility that the US is not looking to block all maritime traffic but to control and regulate it.

Impossible to verify.

Others will have followed this more closely than myself. I see that the "About Us, Board & Management page" has changed since I last looked quite some time ago:

https://greenrocplc.com/about-us

Thank you for the "kindly REMINDER !!!", Bubblepoint.

On my side, let me remind you this is a board devoted to Angus Energy.

"This comprehensive restructuring, when completed, will represent a major milestone for the Company, ... providing a clear, sustainable financial platform for its next phase of development".

That is the kind of "MILLSTONE not a milestone !!!!" all shareholders will welcome.