Mining

Greenland Minerals Limited (ASX:GGG)

Industry Group : Materials | Industry Group Name : Metals & Mining

Market Price : AUD 0.12-0.005 (4%)

(as on 2021-10-24 09:55:33)

Market Cap : AUD 161.289 M

Previous Close Open Close* Day Range 52 WEEK HIGH LOW
0.125 0.125 0.12 0.12L 0.1275 H 0.068L 0.355 H
Last Trade 0.12
Change% -4.0000
52 W H/L 0.355/0.068
EBITDA -2.457 M
NPAT After Abnormal Items -3.076 M
Equity 124.772 M
ROE% -2.47%
Total Liabilities 2.496 M
Total Revenue 121,000
Cash and Cash Equivalents 36.438 M

Stock Information

Share price 0.12
Market Cap 161.289 M
Price/Gross Cash Flow -185.56
Dividend Yield Excluding Special 0.00%
Ending Shares 1.339 B
52-Week Range 0.068-0.355
P/E ratio 0.000
Sector P/E --
EPS -0.26
EV/EBITDA --
Net Profit Margin (%) --
Gross Cash Flows Per Share -0.00
Net Gearing -28.81%
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.09
Sales Per Share 0.00
Book Value Per Share 0.09

Announcements

Heading Date/Time
Company Prepares White Paper Following Public Consultation  17/09/2021 8:59AM
Half Yearly Report and Accounts  09/09/2021 6:03PM
Update on Kvanefjeld Public Meetings  24/08/2021 3:01PM
Application for quotation of securities - GGG  02/08/2021 6:41PM
Quarterly Cashflow Report  28/07/2021 9:32AM
Quarterly Activities Report  28/07/2021 9:30AM
Application for quotation of securities - GGG  13/07/2021 8:19AM
Greenland Government Extends Public Consultation  01/06/2021 9:34AM
Results of Meeting  26/05/2021 6:12PM
Quarterly Activities Report  30/04/2021 1:24PM
Quarterly Cashflow Report  30/04/2021 1:22PM
Notice of Annual General Meeting/Proxy Form  23/04/2021 4:58PM
Annual General Meeting - Letter to Shareholders  23/04/2021 4:57PM
Company Seeks Consultation with New Greenland Government  21/04/2021 9:39AM
Trading Halt  19/04/2021 9:35AM
Greenland Election Outcome  09/04/2021 10:18AM
Trading Halt  08/04/2021 10:49AM
Pause in trading  08/04/2021 10:10AM
Appendix 2A - Option exercise and expiry  06/04/2021 3:39PM
Change of Director's Interest Notice  06/04/2021 12:38PM
Annual Report to shareholders  31/03/2021 7:31PM
Appendix 4G  31/03/2021 7:28PM
Kvanefjeld Project Public Consultation Update  16/02/2021 9:40AM
Extension to Kvanefjeld Public Consultation Period  05/02/2021 9:05AM
Appendix 2A and Cleansing Statement - Option Exercise  04/02/2021 9:11AM
Quarterly Activities Report  29/01/2021 9:54AM
Quarterly Cashflow Report  29/01/2021 9:53AM
Proposed Incentive Securities Issue - Managing Director  25/01/2021 7:50PM
Appendix 2A Unlisted Option Exercise  25/01/2021 4:36PM

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About Company

Greenland Minerals Limited (ASX:GGG) is an exploration and development company listed on the Australian Securities Exchange. The Company has been operating in Greenland since 2007, with its key focus to develop the Kvanefjeld rare earth project in southwest Greenland.

Significantly, the Kvanefjeld Project is well-positioned to become the cornerstone to global rare earth supply. When developed, the Kvanefjeld project is likely to turn out to be a large-scale, long-term and low-cost supplier of products, central to the unfolding revolution for efficient energy usage. 

There has been explosive adoption of rare earths in clean energy, batteries and smart tech, touching almost all aspects of lives from offshore wind turbines to the latest smartphones. 

Rare earths are essential to ensure a smart and climate-friendly future as they diminish the dependence on fossil fuels. Thus, they are the leading driver for the growth of several emerging clean energy technologies contributing to reducing harmful ecological implications such as greenhouse emissions. Macro-outlook for rare earth demand is strong amidst several Government-led initiatives to encourage the green shift. 

The Kvanefjeld project is demonstrated to have unique and highly advantageous strengths. The outcomes of a comprehensive feasibility study highlight the strong potential backing the production of rare earth elements, which effectively facilitates the electrification of transport systems. 

In addition, the Company intends to produce rare earths from Kvanefjeld in an environmentally sustainable manner. It would further differentiate the Company as a preferred supplier of rare earth products to end-users globally.

The Company plans to continue the progress of the Kvanefjeld project in a way that will be in accordance with both local community and Greenlandic Government expectations. It is eyeing continued stakeholder discussions around the social and economic benefits related to developing the Kvanefjeld Project.

Corporate Information

company address Ground Floor, Unit 7, 100 Railway Road, SUBIACO, WA, AUSTRALIA, 6008

company phone(08) 9382 2322

company email[email protected]

company websitehttp://www.ggg.gl

Dividends

Ex-Dividend Date Franking DPS (AUD) Dividend Yield
30/12/2020 -- 0.000 0.00%
30/12/2019 -- 0.000 0.00%
30/12/2018 -- 0.000 0.00%
30/12/2017 -- 0.000 0.00%
30/12/2016 -- 0.000 0.00%
30/12/2015 -- 0.000 0.00%
30/12/2014 -- 0.000 0.00%
30/12/2013 -- 0.000 0.00%
30/12/2012 -- 0.000 0.00%
30/12/2011 -- 0.000 0.00%

Event Calendar

Event Type Event Date Event Year
Report (Quarterly) 2022-07-27 2022
Report (Quarterly) 2022-04-29 2022
Report (Annual) 2022-03-30 2022
Report (Quarterly) 2022-01-28 2022
Report (Quarterly) 2021-11-15 2021
Report (Quarterly) 2021-10-26 2021

Financials

Breakdown 30/12/2020 30/12/2019 30/12/2018 30/12/2017 30/12/2016
Trading Revenue -- -- -- -- --
Other Revenue 121,000 0 70,000 82,000 49,000
Total Revenue 121,000 0 70,000 82,000 49,000
Interest Income 37,000 64,000 63,000 45,000 34,000
Interest Expenses -24,000 -29,000 0 0 0
Expenses -2.96 M -2.634 M -2.871 M -2.51 M -2.133 M
EBITDA -2.839 M -2.634 M -2.801 M -2.428 M -2.084 M
Depreciation and Amortization -250,000 -252,000 -91,000 -106,000 -123,000
Depreciation -250,000 -252,000 -91,000 -106,000 -123,000
Amortisation 0 0 0 0 0
EBIT -3.089 M -2.886 M -2.892 M -2.534 M -2.207 M
Pre Tax Profit -3.076 M -2.851 M -2.829 M -2.489 M -2.173 M
Tax Expense 0 0 0 0 0
Net Profit After Tax -3.076 M -2.851 M -2.829 M -2.489 M -2.173 M
Minority Interest 0 0 0 0 0
Preference Dividend 0 0 0 0 0
Net Abnormal Items 0 0 0 0 0
Reported Net Profit After Abnormal Items -3.076 M -2.851 M -2.829 M -2.489 M -2.173 M
Ending Shares 1.339 B 1.191 B 1.133 B 1.105 B 999.124 M
Weighted Average Shares 1.202 B 1.156 B 1.113 B 1.013 B 843.902 M
EPS After Abnormal Items (cents) -0.26 -0.25 -0.25 -0.25 -0.26
Breakdown 30/12/2020 30/12/2019 30/12/2018 30/12/2017 30/12/2016
Total Current Assets 36.716 M 9.399 M 6.819 M 10.939 M 7.08 M
Total Non Current Assets 90.552 M 87.193 M 86.155 M 78.666 M 72.97 M
Total Assets 127.268 M 96.592 M 92.974 M 89.605 M 80.05 M
Total Current Liabilities 2.15 M 1.52 M 1.046 M 1.254 M 1.108 M
Total Non Current Liabilities 346,000 582,000 160,000 131,000 107,000
Total Liabilities 2.496 M 2.102 M 1.206 M 1.385 M 1.215 M
Net Assets 124.772 M 94.49 M 91.768 M 88.22 M 78.835 M
Breakdown 30/12/2020 30/12/2019 30/12/2018 30/12/2017 30/12/2016
Net Operating Cash -1.505 M -2.027 M -2.335 M -1.819 M -2.156 M
Net Invested Cash -2.484 M -2.456 M -3.888 M -2.527 M -1.256 M
Net Financing Cash Flows 31.828 M 6.38 M 2.192 M 8.701 M 7.084 M
Beginning Cash 8.599 M 6.702 M 10.733 M 6.378 M 2.706 M
End Cash Position 36.438 M 8.599 M 6.702 M 10.733 M 6.378 M
Exchange Rate Adjustments 0 0 0 0 0
Other Cash Adjustments 0 0 0 0 0
Ending Cash 36.438 M 8.599 M 6.702 M 10.733 M 6.378 M

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