RE: GROC shares ?28 Sep 2021 10:52
Groc will need to burn through hundreds of millions to develop its Greenland assets, money Alba simply hasn’t got - Groc shareholders & directors will now have to find ways of raising finance whilst Alba shareholders maintain 54% of Groc without the risk (other than potential dilution as they raise cash, if our directors as majority shareholder allow that of course)… GLA