GBE globe metals & mining limited

They had to start construction or be mining by a certain date...

  1. 96 Posts.
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    They had to start construction or be mining by a certain date

    GBE were never going to make the deadline
    delay delay delay
    this just allows more time as the MDA had a deadline to adhere too or it lapses

    this makes it still valid
    ita a shame the funding arrangements are just not happening as it should
    sure... a Malawi bank will finance some of it
    but in the real world is that worth anything to the business or made any difference to the share price
    hell no !!
    they need proper finance deals and offtakes with good cash advances or something
    that would show confidence to the market
    that this is happening

    because all im seeing is delays
    and more delays

    if they had the money
    they would be mining by now

    its clear the finance is a big hurdle
    otherwise wed have construction well advanced

    and we won't !

    heck I'd even jump on the welder and start fabricating some of the structural steel
    just to get the ball rolling a bit quicker

    Last edited by Cumminswannabe: 19/09/24
 
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