Thanks Deltajj, I disposed with 100% of my holding some weeks ago after holding for years. What a disaster for GMEL, if this article does reflect the true position. Of course it's quite possible that the true position is a little better, but the thrust of the report is clear- something I have feared for months due to no progress and continual revisions of the timeline. I predicted 12c here a couple of months ago, and without news, I KNOW it's headed for 6c. What a shame.the Greenlanders, and particularly the Danes, are completely out of their depth on uranium, and I suspect that deep, as yet un-named forces are also steering this regarding the REEs. The lack of serious interest from at least one western company or consortium is IMO, is staggering, to the point of deep suspicion. What the hell is the US doing, let alone Europe! Clearly all their "chest-beating" about availability of "critical minerals" is ringing increasingly hollow. I seriously suspect that there is a covert strategy to remove GMEL from the equation by "starving" them out. IMO It's preposterous to think that a tiny company like GMEL can hang around for years waiting for this mess to sort itself out. GMEL has, IMO, done a fantastic job proving up the resource, and nailing down almost the entire metallurgical process required. It's a sterling effort. It will be a tragedy of monumental proportions or the company and it's faithful investors, if they are forced into a fire-sale. 23
GGG Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
