GBE 1.82% 5.4¢ globe metals & mining limited

MDA approval = Multi-bagger for GBE, page-2

  1. 3,243 Posts.
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    A nice idea to divert ourselves whilst decisions on the MDA are made.

    What do you make of the recent suggestions, yet to be detailed, for a smaller cheaper and (I assume) quicker to production plant at Kanyika as part of a staged project?

    And the implied desire of GBE to move further down the supply chain to higher margin concentrates over oxides, with said processing perhaps to happen on site within Malawi rather than done offshore in the UAE? (or wherever)

    For me, not sure I see the rationale for a staged project, why not go big from Day 1? But happy to hear their rationale. But moving into higher margin products makes sense, both for GBE and Malawi.
 
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