GRX 0.00% 86.0¢ greenx metals limited

Disappointing to see this. From what I see it is more the MoE...

  1. 176 Posts.
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    Disappointing to see this. From what I see it is more the MoE that is the hold up, rather than Poland or the government more broadly. And it is (at this stage) just a delay, in that the Ministry has not rejected anything - merely failed to respond in the requisite time frame.

    To the earlier point: I expect this probably will end up as a buying opportunity as the potential of Deb alone is far in excess of the current market cap, and while there is more risk now in JK it is not worth zero, in my opinion. However, the JK delay (and if the concession is outright cancelled/revoked) puts a 'country risk' cloud over both projects for me at least until the next announcement. Timing on that is obvs uncertain.
 
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