GBE 0.00% 5.1¢ globe metals & mining limited

Ralli9999 the comment you have provided is making the following...

  1. 487 Posts.
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    Ralli9999 the comment you have provided is making the following claims:
    The continued delays of the Malawian government have led to the financial bleeding out of GBE. The CR was a sham and the BT loans have been used to give BT a controlling stake in GBE.
    Ao-Zhong will not participate in the dilution and this was all planned by the company. The 30 x 1kg samples are just a distraction.
    These are all serious allegations and it is important to note that they are just that - allegations. There is no evidence to support any of these claims.
    The Malawian government has been clear that it is committed to the project and that it is working to finalize the MDA. The CR was approved by shareholders and the BT loans were necessary to keep the company afloat while the MDA is finalized.
    Ao-Zhong has not made any public statements about whether or not it will participate in the dilution. And the 30 x 1kg samples are a legitimate marketing exercise.It is important to be critical of information you read online, especially when it is making negative allegations about a company.
    Do your own research and come to your own conclusions.Here are some additional things to consider:
    GBE is a small company and it is not uncommon for small companies to experience delays.
    The Malawian government is a bureaucracy and it can be slow to make decisions.
    The COVID-19 pandemic has also caused delays in the project.
    It is possible that the allegations made in the comment are true. However, it is also possible that they are not. Without more evidence, it is impossible to say for sure.
 
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