ETM 0.00% 2.2¢ energy transition minerals ltd

Rare Earths in Greenland, page-7

  1. 2,218 Posts.
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    Hi aurion145

    Thanks for the response...

    I wasn't really saying get going now so much as the main task is still Kvanefjeld which is going to take sometime unless we see some positives from the early stages of the Arbitration which the first part seems to be 7th September only a week away...

    If we did not have the arbitration then I am sure that the current GoG would be walking all over GML and breaching their own rules to achieve their goal. They have already made a number of attempts at ignoring due process. WE must never forget that from inception GoG has been a Coalition and GML has progressed with approvals at each stage.
    Mute Egede was during that time was for a while Minister for Raw Materials he also has visited China encouraging involvement. Additionally as we know during the last 18 monthst or so a hugely false Narrative on aspects of the Kvanefeld propogated by a small Cabal of 3 women...

    However the company has also been making moves to give value add to SH and a number of things have already been put in place such as funding for the legal process. Adding a project in Spain that has a longways to go plus additions to the board.

    My frustration comes from the slowness of fulfilling these goals while the market is shifting......

    If we take a look at Greenland for instance Hudson did pull back because of the Uranium issue and now Neo have taken over that site with plans to process material in the plant in Estonia at the same time Hastings Technology in WA taking a 22.1% stake in Neo.

    I was under the impression that GML were of the opinion that there were no other opportunities for themselves in Greenland except Kvanefjeld.
    Jorn Skorv Nielsen was talking to Estonia regarding processing as I understood whether that was Neo or the other plant I am not sure...

    At the same time I saw other opportunities that could have also been of benefit elsewhere.

    Then there is a lot of mention of the big boys getting involved. Well Twiggy Forest is now involved with Hastings.
    Bill Gates is seriously involved with Bluejay and he is a Big Believer in Uranium and Nuclear Energy...

    So my frustration comes from seeing all these things gradually happening and GML estbalishing a new board with people already on very high pay packets from other jobs plus GML with eye watering Share bonuses......
    With the market changing and Hastings WA/Neo Canada making these moves..

    Thought I would also mention another project I have an interest in Silex now very close to finalising their Uranium Laser Enrichment program. Which in my view will be a big game changer in Russian supply of enriched uranium...

    From that point that is why I feel a bit frustrated with GML on the value add for SH and it's slowness...

    I am keen to see Australia become seriously involved in the supply chain obviously including Greenland....As I have held stock up and down for quite a number of years...

    "How a Society can Choose to Fail or Succeed"

    "Go Thor"


 
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