Ann: Trading Halt, page-18

First 18 Last

Share
Profile

Follow
GBB

2,723 Posts.

594

25/07/22

20:22

Post #: 62718371
Share

Originally posted by jwoody1000: ↑

they said that any new application would not be approved.
i hope that the legal team has convince the gov they can't win and looked to approve under certain criteria...
like what was disputed with the allowable levels of radition....GGG thought the mention levels to allow production was much much to low and did not have any scientific basis....just a number pick out of air. GGG said they would work with reduciont and protection at lower levels but not that low.
to save face the current gov would need to put into place guidelines of protect that look like they have consulted and MADE those descions not enforced by others...
also wonder if China has some influnence in approval progress...remember we have china involvement on share register.

i think it will be positive announcement. if it was bad that could have been announced ...as currently we have bad news anyway so nothing that the makret wasn't expecting....and to that GGG would say legal action will continue.
if i recall the legal team are free for the moment.
i dont't think there are enough environmental issue with the mine or concerns that can't be abated.
addtionally Europe is moving toward further nuclear plants...only a plus of ggg, even germany is reconsidering its stance on banning that.
new modular power plants are cheap, less cost, and quicker to build thant current 4-8 year building.
and safer.

Expand

surely you have this the wrong way around the company lost and it now has to find a face saving way around that .perhaps a lithium mine

GGG Price at posting: 5.8¢ Sentiment: Sell Disclosure: Held
5 Upvote

1 Great analysis

Reply

Top Stories

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins