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 grœðis meldrar ‘of the ocean of flour [ALE]’: Meldr ‘flour’ functions like the reference to malt or grain that is more usual in ale-kennings (cf. Konráð Gíslason 1895-7; Meissner 433). Finnur Jónsson (LP: grœðir, meldr 2) sees meldr here as a synonym for the magic mill Grotti or Grótti which rests on the sea-bed and produces gold (see Grott). However, as Kock points out in NN §1175 it is difficult to see what meaning that could have; a gold-kenning would be out of place.