Local, there is appetite for the Kvanefjeld project.
GMEL have gone to the market twice in the past 2/3 years and raised about $30m from existing and new shareholders.
GMEL have signed a MOU with China Non‐Ferrous Metal Industry. A huge state owned Chinese corporation.
They have a huge Danish Pension Fund as a large shareholder.
More than a few other Greenland "mining companies" are at early exploration stage - GMEL is close to lodging a mining license - hence more mature in that process.
Seems with the state coffers the way they are, Greenland aren't really in a position to be turning away business.
Local, there is appetite for the Kvanefjeld project. GMEL have...
Add ETM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $29.58M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $10.53K | 492.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234835 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 829344 | 1 |
View Market Depth
| Last trade - 15.03pm 09/10/2024 (20 minute delay) ? |
| ETM (ASX) Chart |