GBE 0.00% 4.5¢ globe metals & mining limited

new higher high, page-459

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    Quiet a few days for Lindian Resources (asx) in Malawi with possible settlement of a long standing court battle re ownership entitlements on the rare earths project.

    Just shows what a share price can do on positive developments.

    Also shows how valuable rare earths projects are currently - and just how few people understand niobium as being one of the top 5 listed rare earths - GBE management will surely be pressing this in due course - when ML permitting is concluded SHORTLY.
    The first niobium mine development in 30 years is arriving.

    Previously on ML approval SP reached around 19-19.5 cents then floundered low due to what we know - Malawi Govt internal procedures. Those procedures have been addressed and now we await a signing off on the first large scale mining development in Malawi for over a decade and essentially the second ever large scale mine development for Malawi.
    It will be a very different scenario this time as post imminent DA approval - GBE will follow up with much key progressive development and finance announcements along with key exposure drives which will finish 2022 with the FID (final investment decision) which we know on DA terms is a given as they have been committed and invested in the Kanyika Niobium//Tantalum project for well over a decade.

    How the SP reflects all that rapid progress - time will tell. Of course we will endure the traders joining the ride and taking their little gains along the way however the long view is looking exceptional.

    Do not dismiss the PYROCHLORE tech patenting NEITHER the gold assay results! for additional value. Plenty ahead here at GBE finally - as Lindian holders can now feel better days ahead.
 
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