Australian (ASX) Stock Market Forum

I wonder if the bad news concerning GGG has increased demand for other rare earth projects?

I notice up bars in many other RE companies today.
ARR, ARU, ASM, HAS, IXR, NTU, PEK, SOR, VML.

Edit: I notice that the ASF rare earth society are onto it.
 
Greenland has voted to suspend Oil and Uranium exploration (because of climate change).
see Nordic Ice News and UPI
That will not be good for GGG, given some of the push was for Uranium.
Maybe the CCP will suddenly find an old map with dotted lines showing that Greenland was always part of China.
Mick
 
A quick chart update on GGG, nice break out yesterday.

1631664104743.png
 
Greenland Parliament has banned uranium mining which was going to be a by-product of the proposed Kvanefjeld rare earths mine.

GGG in trading halt as it considers it's future.
 
Greenland Parliament has banned uranium mining which was going to be a by-product of the proposed Kvanefjeld rare earths mine.

GGG in trading halt as it considers it's future.
Don't hold any GGG but have always thought their issues/location have made them a bit riskier than a few of the other R/E Specs.

I hope they can work out a plan of attack for anyone holding. Never like seeing any Spec Stock suffer given this is where I live :nailbiting:
 
On November 10th, 2022, Greenland Minerals Limited (GGG) changed its name and ASX code to Energy Transition Minerals Limited (ETM).
 
from the Quarterly:

The primary objective of the Company remains the development of the Kvanefjeld rare earths project and, through the arbitration process that the litigation funder will now be supporting, the Company is seeking clarity on the application of Act No. 20 to the Kvanefjeld project, so that a path forward for the development of this important asset can be worked out by all parties.

As well, GGG entered into a binding heads of agreement with Technology Metals Europe SL and its sole shareholder Welsbach Holdings Pte Ltd, for the right to earn in a 51% interest in TME, which is the sole owner of an exploration permit in Spain prospective for lithium, known as the Villasrubias project.


trading just above 5c
 
Good afternoon
52 week high today (29/12/22)
Not holding

Edit: the performance chart does not reflect this … 6 months does
Kind regards
Rcw1
 
Top