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Ashton providing today's entertainment...

Within minutes of the RNS appearing, he was busy trying to rewrite the narrative while simultaneously congratulating himself for a "prediction" that wasn't much of a prediction at all.

The respective roles of the parties were already set out in an RNS issued around five weeks BEFORE Ashton's ‘prophetic’ post.

So congratulations on spotting what the company had already told the market. Outstanding detective work. 👏

He points to 80M's role involving "consultation with local citizens and stakeholders."

Well, quite. That's what we all thought would happen. Which makes the Ittoqqortoormiit episode all the more bizarre.

If stakeholder engagement was always recognised as being so important, why was RP put front and centre? Oh, I remember - his father was once there so of course he knows all about the place, its cultures and traditions. Or so he thought. ROFL.

In my opinion, the optics were poor, the execution looked clumsy, and the subsequent criticism from Greenland speaks for itself. Since then we've seen public reservations from relevant officials, an open letter from the Mayor of Kommuneqarfik Sermersooq, and now an RNS taking the unusual step of spelling out exactly who is responsible for permitting and regulatory engagement.

Coincidence? Readers can make up their own minds. Personally, I don't believe today's clarification is a coincidence. Those responsibilities didn't magically appear this week.

It looks very much as though the company is trying to distance itself from RP’s abysmal performance. Lets hope RM can maintain any goodwill that might still be intact.

The endless self-promotion, low-budget interviews, bizarre Dr Phil cameos and social media noise may have appealed to the RC, but they appear to have done precious little to enhance credibility where it actually matters. It would appear that the market doesn’t like it and nor do the people of Greenland.

Greenland isn't a PR campaign. Even if RP, LS and the Chump himself attempt to make it out to be. Show some respect. Less arrogance. More understanding and engagement.

It's a jurisdiction where trust, professionalism and respect count for considerably more than yet another cheap promotional video.

Hopefully today's RNS marks the point where substance finally takes precedence over spectacle. Hopefully RP and Dr Phil will fall silent and let the drills and numbers do the promotion. Their combined efforts have so far been rather less than stellar. LOL.

Personally, I think RM appears a far more suitable ambassador for the company.

His proven style seems considerably more measured and understated, which, in my opinion, is likely to resonate far better with the culture and expectations in Greenland.

If today's RNS signals that RM and WFE will now be taking the lead on regulatory engagement, I see that as a very sensible move.

As with all my posts — past, present and future — this is IMHO only. It’s opini

For me, the most telling sentence in today's statement is this:

"...would also like to clarify that its subsidiary, White Flame Energy A/S, as the 100% holder of the Jameson Land Basin exploration licences, is solely responsible for all aspects of assessment, permitting and regulatory engagement with the Government of Greenland, Kommuneqarfik Sermersooq, and other relevant authorities."

Good. Then let them get on with it.

I've always posted my opinion that RP’s nonstop “promotional” antics wasn't a good look.

If the last few months have demonstrated anything, it's that publicity and permitting are not the same thing.

The endless interviews. The constant self-promotion. The stream of low-profile media appearances. The bizarre Dr Phil association. The hoodies. The caps. The attempt to market a frontier exploration project as though it were a cheap social media brand.

What exactly has any of it achieved?

The market doesn't appear impressed. The last time I looked the GNLD SP was down nearly 80% from float and, despite the great news of drilling at Disko, the 80M SP appears rather moribund. Well done RP and Dr Phil - great job.

The local reaction has hardly been universally enthusiastic.

And now the company itself is reminding investors that responsibility for regulatory engagement rests with WFE. Fancy that.

That should always have been the focus. This isn't a popularity contest. It isn't a YouTube channel. It isn't an influencer campaign.

It's a high-risk frontier exploration project where permits, credibility, relationships and execution determine success—not the number of cheap tacky promotional videos released in a month.

So perhaps it's time to stop trying to sell the story...The drills don't care how many interviews you've done.

The regulators don't care how many videos you've posted.

And the market, ultimately, doesn't either.

As with all my posts — past, present and future — this is IMHO only. It’s opinion, not advice. Please DYOR before making any investment decisions.

Buzz,

More comedy, I see. Thanks for that. 😂

I also notice you're still managing to avoid commenting on the Year End Accounts.

Fancy that.

Instead we get:

"Markets don't always price things efficiently." Really?

So the market has supposedly ignored information that has been in the public domain for some considerable time? An interesting theory. LOL.

Of course, we're expected to accept that your interpretation is the correct one because... well... you say so.

You also regularly claim to post "facts".

That reminds me of a previous post where I highlighted several examples that demonstrated the exact opposite.

Perhaps every time you tell the board you're posting "facts", I'll simply repost that list as a reminder.

And as time goes by, I suspect there'll be plenty more examples to add.

The list of "facts" that weren't facts at all seems to be growing rather nicely.

Funny how that keeps happening.

Last Tuesday – “This is going to break 1.3 this week.” — Wrong

Last Monday – “We will see 1.5+ by Wednesday, watch this space.” — Wrong

30/1/26 – “SET TO COMMENCE!!!!!!!! IMMINENTLY!!!!!!!!!!!! GET IN BEFORE MONDAYS ANNOUNCEMENT!!!!!!” — Why? What was the rush?

Same day – “With news due IMMINENTLY and the US market opening soon we're going to see some huge buys flooding in.” — Wrong (actually Meteora looked to have been selling)

Same day – “Not many left at all… expecting 15% straight away… we're going to see 1.5 today… will finish over 1.5.” — Wrong

Same day – “The big buyers have landed… MMs cannot hold this back any longer.” — Wrong

29/12/26 – “Tomorrow is going to be a HUGE DAY!!!!!!!! THIS IS JUST THE BEGINNING.” — Wrong

Same day – “Will absolutely FLY ONCE 1.25 is breached!!!!!!!!” — Wrong

Same day – “Called it, get your money in these levels are going to be a thing of the past!!!!!!!!!” — Wrong

27/1/26 – “It's about to turn, and it's about to blow!!!!! Strap in, HOUSTON WE'RE GOING TO THE MOON!” — Really? Still waiting.

Same day – “You will not see these levels again after this week.” — Wrong

Same day – “Immediate re-rating could take 80M from ~1p to 2.5p–4p+ (~150%–300%+ upside).” — Wrong

Same day – “Just re run the charts I think we're going to see 1.3 by Friday :)” — Wrong

Same day – “We're in for a great day today.” — Wrong (price closed down)

Continued.........Sorry, Buzz does make a habit of stating 'facts' - LOL.

As I posted yesterday, I continue to think Ashton’s post-AGM write-ups are, at best, a waste of time and, at worst, a rather selective version of events.

Yesterday he confidently stated:

“The locals are supportive of the Jameson Land project. Rod McIllree (Director) left for Greenland the day before the AGM for talks with the Greenlandic government on the project.” Really?

My view remains the complete opposite.

The meeting at Ittoqqortoormiit was hardly the public relations triumph some would have us believe. The Head of the department responsible for the permitting process has publicly expressed reservations. Danwatch considered the events important enough to investigate. And now the Mayor of Kommuneqarfik Sermersooq has felt the need to publish an open letter to RP. Link below.

So much for “The locals are supportive …..”.

Fancy that.

As for RM's trip to Greenland immediately afterwards, readers can draw their own conclusions. Perhaps it was always planned. Perhaps it reflects a recognition that recent events have made relationship-building rather more urgent than another promotional video.

One thing seems increasingly clear: endless interviews, Dr Phil cameos, branded hoodies and caps may generate social media content and please the RC, but they are no substitute for understanding local expectations and building trust with the people whose support ultimately matters.

And they certainly don't appear to be helping the share price.

This isn't a popularity contest or a PR campaign. It's a frontier resource project where credibility, respect and community engagement can be just as important as the geology.

Let's hope RM can help repair any damage and move discussions forward constructively. If not, those October drilling expectations—and perhaps even a 2026 drill—may start looking increasingly ambitious.

Tick Tock Tick Tock.

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

https://sermersooq.gl/da/2026/06/24/open-letter-to-robert-price-ceo-of-greenland-energy/

Well, time for another reality check.

Having read Ashton’s notes, it appears we have the usual attempt to turn very little into something much bigger than it actually is. Fancy that.

A masterclass in making routine comments sound like material developments.

Let’s go through it:

1. “The locals are supportive…”

Which locals? Because the available evidence from Ittoqqortoormiit does not exactly scream universal enthusiasm, and the position of key local stakeholders appears rather more complicated.

Then we have the classic phrase: “highly confident”. How many times have we heard that one?“Highly confident” about Disko 2025 drilling. “Highly confident” about GS restart timelines. “Highly confident” about Dundas years ago.

And how did those work out? So with context the phrase “I repeat….” still doesn't make anything any more credible.

2. Production would take at least a year

Yes, we know. This is not new information. It has been obvious for anyone who has spent five minutes looking at the process. Nothing to see here.

3. Another known fact

Again — absolutely nothing new.

4. GS: 98% complete and restart in a couple of months

Here we go again. Another restart timeline.

The sixth one? After five previous versions failed to arrive, apparently we should now be reassured by yet another confident prediction.

And of course, we must remember that Olga is now apparently a biofuel plant expert.

Who knew? 😂

5. Negotiations continuing

Breaking news: negotiations are continuing.

Until someone announces they have actually completed something, this is just another statement of the obvious. Any MoUs turned into concrete agreements yet?

6. GS sale

We’ve known for over a year that a sale was a possibility.

The revelation that an operating plant might attract more interest than a broken one is genuinely breathtaking. Who'd have thought it? 😂

7. Ingo

The renowned biofuel plant expert / operator? Another name added to the list of people whose views we are apparently expected to treat as significant.

Moving on.

8. The obvious

No surprise.

9. Progress

If there had been genuinely positive developments for Dundas or Thule, do you seriously think the company would not have told everyone?

The company has never exactly been shy about promoting any “good news”. Nothing to see.

Continued

SilverFoxd,

As I’ve said before, I’ve filtered Damers - along with quite a few others. Their posts appear to fall into one of two categories: either a total lack of understanding of the subject matter, or a willingness to present an overly positive ramping narrative regardless of the facts. Possibly a combination of both. 😂

The constant stream of unsupported optimism and selective interpretation adds little to the discussion. A little knowledge can indeed be a dangerous thing.

As you say, some people seem absolutely convinced they “know best” — and no amount of contrary evidence appears likely to change that. I've always thought that to be the mark of an imbecile.

What is interesting, though, is the lack of acknowledgement from the RC regarding previous criticism around GS.

No thanks for highlighting concerns. No admission that some of the confident responses may have WRONG / misplaced. Fancy that. LOL.

And yet here we are — ANOTHER restart date that failed to materialise.

That makes it FIVE GS restart predictions that HAVEN’T HAPPENED.

And wasn’t the first restart assured 18 MONTHS AGO? You couldn’t make it up.

Rach 5 — RC 0.

And that’s before we even get onto MoUs that don’t seem to have progressed, previous fundraising predictions and other calls that have gone a different way to the ramping narrative at the time.

Tick Tock Tick Tock for JL drilling as well. The longer we go without firm progress, the less convincing the October 2026 timeframe becomes in my opinion.

I’ve posted extensively regarding Jorgen’s comments, RP’s abysmal handling of the meeting at Ittoqqortoormiit etc etc - but, of course, the RC will ignore anything that isn't positive. LOL

But, like you - I do see a price around the current level as representing an opportunity to make money.

Supra:

“but directors are excited and hopeful.”

Well, that’s certainly a familiar AGM theme.

Everything gets passed, nothing particularly unexpected emerges, and then, once the meeting is closed, there are the usual off the record optimistic comments about how confident management are. Another waste of time.

Perhaps worth looking back through previous AGM summaries - you’ll spot the pattern.

Off the record optimism is easy. DELIVERY is the part that matters.

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

Jef,

These are fairly standard resolutions and, whilst they are not always ideal from an existing shareholder perspective, there are often limited alternatives available to junior companies.

Resolution 6 allows for the issue of up to an additional 25% of shares. It’s a genuine double-edged sword — capital may be required quickly, but as is often the case with juniors, any raise could potentially come at a discount.

Resolution 7 is, in my opinion, the less shareholder-friendly of the two. It allows the company to issue shares without first offering them to existing shareholders.

Personally, I think existing shareholders should have the opportunity to participate in any discounted raise if they wish. Instead, the benefit of discounted stock can potentially go to “strategic partners”, the BoD and ‘’others’’, whilst existing shareholders simply suck up further dilution.

Buzz,

There’s that child-like behaviour again. Always good for a laugh. 😂

“you’re here because you believe in 80M and realise the potential.”

No, that’s not what I said.

I said I’m interested in benefiting from the volatility — some of which is created by the endless ramping, promotion, speculation and enthusiasm surrounding the company.

I post my opinions whether I currently hold or not, unlike some who seem to only appear when the narrative suits their position.

And unlike you, I don’t believe my posts have any meaningful influence on the share price. You obviously believe that they do. That's the only logical reason to explain why you are so VERY concerned with my EVERY post. If you truly thought them an irrelevance you would be happy to simply filter and ignore - yet you choose to read and respond to virtually every post. You then attempt to deflect, ridicule, lie and insult. Hardly the actions of someone who has no concerns about the influence my posts might be having. Poor you - constantly worried that my posts are affecting the value of your own holding - hilarious.

So thank you for the compliment — it’s quite flattering that you appear to think my opinion carries that much weight. It'll try to keep up the good work 😂

You're welcome.

PS. Tick Tock Tick Tock - only 2 working days left for the much ramped / publicised GS restart. ROFL

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

Buzz

As it's the last time you'll ask your totally irrelevant question (that's almost certainly another one of your lies 🤔) I’ll reply. You again ask the totally irrelevant question -

“WHY ARE YOU HERE IF YOU HAVE NO INTEREST IN GLND/80M.”

Answer.

Too make money of course. Why else? The volatility that results from the regular over-optimistic company announcements and the RC’s embellishments of them make that possible. One has to be paying attention to take advantage of such opportunities. So here I am. Watching, reading and following events.

FYI - I have been “HERE” far longer than you have - suggesting that far from having no interest my interest is actually greater than your own. It's highly likely (and pretty obvious looking at the lack of quality in your posts) that as a consequence I have far more knowledge and experience of the company than you seem to possess. You rarely, if ever, respond with a knowledgeable, comprehensive and adult like reply - that says it all.

Like all the shares you ramp - you'll pump, dump and disappear. I'll still be here watching for those opportune moments when I think I can make money.

But as I've stated before - such questions about my motive are irrelevant. I post VERIFIABLE information and facts - how does my motivation alter that one iota. A fact is a fact. Try engaging with the content of the posts rather than attack the poster. Oh no, I almost forgot - that's beyond your pay grade / intellect.

But that's the crux of the matter - you and the rest of the RC can't / won't produce valid counter arguments and despise seeing any valid opinion that contradicts your claptrap. As you are unable to counter or disprove anything I post, you go on the attack. So predictable. Ironic really - as you've almost certainly experienced - the more claptrap you write the more I respond. Unfortunately for you I can put together knowledgeable, verifiable, comprehensive and adult-like replies.

So there you have it - my answer to your latest asinine question. You're welcome.

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

As I’ve stated umpteen times before — nobody outside the market actually knows the exact nature of a trade, whether it is a buy or a sell. However, when a trade goes through at the lowest price of the entire day, it is generally a fairly safe assumption that it was a sell.

So, a reported sale of over 6m shares yesterday. Strange that the RC didn't see fit to mention that. LOL.

They're also strangely quiet on:

-Why their latest “ramptastic” celebration of the Dr Phil video failed to produce the expected market reaction

-Why both 80M and GLND saw weakness immediately following the much-hyped “Phil Factor”

-Why there has been no meaningful discussion around RP’s poor handling of the Ittoqqortoormiit meeting.

Apparently those topics are less interesting than another round of deflection, exaggeration, lies and personal attacks. That tells you all you need to know about the RC - completely ignore ANYTHING contrary to their ramping agenda and attack anyone that raises such concerns. Spot the bias? Hilarious

The comedy continues.

I can see Ashton’s posts about the characteristics of a “troll”, I can see 3 green strips following it and then Buzz offering his usual “fascinating” insight. And there was me thinking that Dr Phil was the unlicensed clinical psychologist. 😂 ROFL. Oh, the irony.

Apparently trolls “lie, exaggerate and offend”.

Well, I can confirm I don’t tick all three boxes. I NEVER lie and I post opinions based on VERIFIABLE information. I may offend — especially when pointing out the obvious RC inconsistencies, or an individual's complete lack of knowledge or intellect. So, that's conclusive - I only have 1 of the 3 traits apparently required to be a troll.

So I'm pleased to confirm, it's official - I'm not a troll. LOL.

But calling out inaccurate claims, questionable statements and unrealistic narratives is not trolling. Even if it occurs on a frequent basis. Ask yourself why my posts are so frequent. They are generally in response to unsubstantiated, unverifiable, inaccurate claptrap or over-optimistic speculation and company announcements. Want to see me post less? There's an easy option: - cease posting such nonsense. QED. We'll all be happy.

But if the comedy keeps coming, we'll - I’ll keep posting my opinion. You're welcome.

And, rather inconveniently for some, my opinions have a habit of being supported by reality and are often proven to have been correct. Fancy that.

Still no news on the 5th restart date for GS? Only 3 working days until that assurance passes. Tick Tock Tick Tock.

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

Buzz,

‘’I'm a Forex trader with a week ROI on avg at 72%.’’ Hilarious.

Yeah, of course you are. We all believe you. We believe everything you post. BOOM. 🚀🚀🚀 LOL.

I thought you had filtered me — twice? Still struggling with that one? Quite amusing how those who repeatedly tell others to “ignore” someone seem unable to stop responding to virtually every post.

It is rather curious how many of your confident chart-based calls seem to end up being spectacularly wrong. I went back through some of your earlier posts to see just how long you’ve been peddling your claptrap — and it appears this isn’t a recent development.

A quick example: - AMGO:

“Just look at the charts before last announcement — absolute no brainer to get in at these levels.”

“these will be 25p next week”

Share price at the time: around 13p.

Share price subsequent to your post - a steady decline of roughly 80%. Fancy that.

And that’s not an isolated case — it appears to be a recurring theme. Strong certainty, big claims, and then a need to explain afterwards why the market didn’t behave as you claimed it would.

Which brings us neatly to GLND.

You keep posting links about the latest Dr Phil “promotion” and suggesting the smart money will be along soon.

Interesting then that the immediate market reaction appears as underwhelming as me — 80M down on both following days, GLND flat yesterday and down so far today.

Wow. A truly market-moving endorsement. The ‘’Phil factor’’ is truly something to behold. The ‘’smart money’’ must be avid Dr Phil fans. Hilarious 😂

It reminds me of the previous “smart money” claims before the float — the float that resulted in around 95% redemptions and a heavily discounted fundraise shortly afterwards.

Another example where the market’s verdict didn’t match the ramping narrative. Fancy that.

But I’m sure there will be another deflection / deceit / insult soon - there always is. You seem incapable of anything else. Oh, and now apparently I’m the leader of ‘’Stop Oil’’.

As always, it's great comedy. Thanks, please keep it up. ROFL.

As with all my posts — past, present and future — this is IMHO only. Opinion, not advice. Please DYOR before making any investment decisions.

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