GBE 2.56% 4.0¢ globe metals & mining limited

Ann: Strategic Review, page-25

  1. 6,337 Posts.
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    Mining in Malawi website recent posts clearly show the adversity, risks, corruption and difficulty in carrying out business there.

    Niocorp CEO letter dated 12/1/16 shows considerable health in the niobium market as opposed to other commodity declines and graphite tenements of GBE and recent extensions bode well.

    Personally I think it's all smoke and mirrors as both GBE and Malawi officials continue to battle a deal and agree on terms and finally sign MA.
    GBE historically don't report a lot but think about the past 3 months statements - selling assets, no Chinese funding available (try banks), strategic review (reasons), co chairman appointed (why), ECE carry on, tenement extensions, etc.
    What's it all mean given in the past they say little and now all the above. Are they playing hard ball or do they really have no direction - just a few bucks in the bank. If serious regarding strategic review why appoint co chairman when they should be laying off their large number of employees.

    Any tech start talk is baseless - started from someones comment followed by a few more sheep.
 
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