GBE 0.00% 6.5¢ globe metals & mining limited

Ann: Globe receives commitments for $1.55 million placement, page-9

  1. 742 Posts.
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    To be honest, l feel for the company. GBE received the ML and IMO probably indicated that the MDA shouldn’t be a huge issue.

    GBE has employed good people and have made significant progress on mine planning, MDA negotiations and relocation of the affected persons. I bet that GBE knew that a CR wouldn’t look good & was a risk.

    I’m extremely intrigued by what is the hold up on the Malawi government side. As stated by many if not all on this forum, it’s in the countries best interest and also apart of their long term forward planning.

    Outside of the Malawi government, the only other hold up could potentially be the top 2 shareholders, who may be playing a strategic game.
 
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