Appreciate your opinion Gpoe,
My personal opinion, this won't effect paperwork/homework getting marked off and a ML is sometime away anyhow.
Given Greenland is wanting economic independence, and the impact this will be having on their largest GDP of fisheries, (90% of GDP) I believe this may accelerate their interest in developing/approving large scale mining tenements such GGG, Tanbreeze, AEX Gold, Anglo American etc.
Just my thought process and opinion from a GDP, political and economic standpoint.
I also think the Given the very very competitive cost of mining shipping/ports are great as well in greenland, USA might sign some form of MOU as a customer for these projects if they cannot purchase it.
Solidification of a critical ore supply from an allied country outside of china would be "favorable" after the damages to the economy the Chinese have already done.
Denmark will also is very smart government debt wise on a ratio to GDP by global comparison.
66% of the Greenlandic population want economic sovereignty and with 90% GDP geared to fish and fish products, mining will support this vision and open up many more doors. It will also remove the need for Denmark to provide Greenland with $626 million US in annual "financial assistance/subsidies" per annum.
Appreciate your insight Gpoe, good to have a different angle of general conversation without arguing on here for once!
What are you thoughts after reading my consensus above?
- Forums
- ASX - By Stock
- ETM
- Cov-19 and EIA
Cov-19 and EIA, page-2
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.99M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $10.05K | 457.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18016 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 137395 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 233300 | 0.021 |
3 | 1283254 | 0.020 |
7 | 4410278 | 0.019 |
2 | 946590 | 0.018 |
2 | 1480386 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 137395 | 1 |
0.024 | 14019 | 1 |
0.026 | 92500 | 1 |
0.027 | 211477 | 3 |
0.028 | 8768 | 2 |
Last trade - 14.15pm 04/10/2024 (20 minute delay) ? |
Featured News
ETM (ASX) Chart |