Clearly the company is not impressed and clearly they see govt's failure to deliver ML as an issue. Clearly and rightfully seeking answers from the mines minister asap by immediately requesting a meeting. Are the company concerned - clearly they are - after all these years - delays for GBE and as Stephens pointed out - the local community who have suffered a great deal from govt delays - past and now present.
So refer to nervous nellies is a poor reflection of ones understandings. For example if this is the process for ML - as per the new mines and minerals and it can not be adhered to - what then for the DA negotiations - what for the project finance as in how any delay or uncertainty effects the possibility of financiers turning away - offtake partners/agreements turning away - just some examples of many serious outcomes of delays - uncertainty that can have a profound flow on effect that some here clearly do not understand - financiers and offtake partners despise uncertainty and will often remove support - simply because the clowns in Malawi do not understand how the global business operates - some here do not understand also obviously. Why is the company immediately seeking to resolve this - because the company knows that delays - uncertainty anywhere let alone African Nations can have adverse effect on financiers and partners. Work it out - pretty simple what the fall out can bring upon a company in this situation. A company that has built relationships for years with financiers - partners - especially on the basis of the new Chakweera govt that has been promoting mining and confidence in the sector - Stephens also pointed this out - the significance of that govt support which supports possible finance partners etc.
- Forums
- ASX - By Stock
- Ann: Update on Grant of Mining Licence for KNP
Clearly the company is not impressed and clearly they see govt's...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBE (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $24.89M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.6¢ | $33 | 908 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50574 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50574 | 0.036 |
3 | 168510 | 0.035 |
1 | 150000 | 0.027 |
1 | 103695 | 0.025 |
1 | 40000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 25000 | 1 |
0.052 | 30000 | 1 |
0.060 | 31657 | 1 |
0.080 | 60000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.46pm 23/08/2024 (20 minute delay) ? |
Featured News
GBE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online