ETM 4.76% 2.0¢ energy transition minerals ltd

gme meetings, page-9

  1. 1,885 Posts.
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    23skd

    Agree with much of what you are saying. I believe it's an awesome project and the economics will be very robust if it ever gets off the ground.

    It's true Rod's the leader of GMEL but none of us really know if he is putting in any performance at all. The Greenland people want this now. Much more money in it than catching fish. Denmark, EU and Greenland Govt not easy to convince. Progress has slowed to a snails pace.

    It's obvious to me things have not panned out as management expected. I base this on management forgoing cash salary for shares at 30c. Rod taking more than 50% in shares.

    It's much more difficult than what they anticipated. It's hard to know what year this will ever get off the ground.

    GL
 
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