Member Info for offmessage

They're targetting 20,000 t per month, likely to generate say £40M annual revenue and the mcap is £7M.

It doesn't make sense, this is mis-priced, bought a few more.

It's back on the short term trendline, should find support and rise from here:

https://invst.ly/1aw2hr

I can see the EU fast tracking the extraction of this resource. They won't want to leave it in the ground with the USA breathing down Greenland's neck.

GreenRoc Strategic Materials Plc (AIM: GROC.L) is unusually well positioned to become a key supplier of high-purity, battery-grade graphite into Western markets increasingly focused on critical material security. GROC’s flagship Greenland Amitsoq Graphite Project, has amongst the highest known in-situ graphite grades globally at 20.41% TGC, potential purity is 99.95% (a purity essential to the EV battery value chain looking for lower cost natural graphite vs. synthetic graphite). GROC.L’s Thule Black Sands Project (TiO2) aligns with green energy transition trends. GROC has asset quality, phased development, and strong stakeholder engagement. We believe EV makers and or battery suppliers will be driven to vertical integration.

They have an estimated 4Mt and from AI - The current market value of 4 million metric tons (Mt) of 99.95% pure natural graphite for the EV market is estimated to be between $8 billion and $13.2 billion.

Buy if you can

We're paying peanuts for a share of a EU strategic asset, patience will be rewarded

It's closed the gap from this morning's open now... could move higher from here

It's in the RNS - this jv with a large S&P500 partner will generate material revenue within 18 months

Strange market reaction to a very positive rns, chance to buy more

Yes 0.84p so expect 1.7% drop on open... afaik

The RNS says 'material revenues from 2027 onwards'. That's 18 months away.

The market is forward looking so that anticipated revenue will be refelected in the share price sooner rather than later

"... it is a recognition of the merits of our Amitsoq graphite project and its strategic and commercial importance to the European industry. Amitsoq is the first and to date the only minerals project in Greenland to achieve Strategic Project status. From the EU press conference today we understand that Stéphane Séjourné, EU Commissioner (Executive Vice-President) for Prosperity and Industrial Strategy, anticipates a visit to our Amitsoq project this year.

"We look forward to working with the Government of Greenland and EU institutions to progress our project and establish true European domestic production of this strategically important raw material"."

Current mcap £8.7M!

It's not just a producer, it's someone with a pipeline of customers, hence the expectation of material revenue once the development milestones are hit

The RNS says that development costs will be covered by the jv partner so that will help the cash situation

IRON moved up, retrace could be over

It's not hype dickie, they've literally struck gold!

Had a feeling it was going to bounce today

Picked up a few more, wish I'd got more yesterday :-/

Ath would only be a 7x from here, so an mcap of £40M ish. Definitely feasible.

It was 3p a couple of years ago and then dropped on drill results from one of their other prospects. If the latest results are as good as expected then this should be back there in no time.

Is that the CEO in the video?

He comes across well

I've just bought some, £4M mcap seems too cheap