RE: Movement3 Sep 2025 14:44
Hi elir71, appreciate the thoughtful reply. I'd agree with most of what you say. It true, atleast in my understanding and previous experience that most junior miners tend to re-rate during the development phase (2027 in GROC's case). However, I would've thought that being officially made an EU strategic project back in june that funding would be nailed on and only tiny raises would be needed for working capital. All development funding should in theory be a given given Groc's status. However, the market doesn't seem to be factoring in the fact that Groc is most de-risked. Add to that the rosy outlook for graphite in the medium term due to supply constraints and ever increasing deman, which will ensure higher prices for graphite going forward. Yet we sit stuck at a market cap of £6m quid? go figure. I'm still of the belief this will one day be £60m +