IMO this is good news and hopefully GRE can work with ANX and possibly others to develop a base metal processing hub in the Pilbara. IMO fundamentals are very supportive and the outlook for base metal prices (Cu & Zn) is strong. There are not many established Cu resources available in safe jurisdictions with adequate infrastructure. IMO the market is underestimating the opportunity offered by this proposed Pilbara hub.
Of course, GRE also has the Li prospects which may prove to have value in due course. At a current market cap of <$20 million IMO it offers an attractive risk versus reward scenario.
GLTA & DYOR
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