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Zhc003

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02/07/22

14:49

Post #: 62335188
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Originally posted by chaswgb: ↑

I finished my post by saying "While neither company has suggested that they will process ore for other parties, that two UK companies are involved in RE processing" referring to Pensana now based in the UK, and Peak, although Australian, but intending to process in the UK. I was merely making the point that RE processing is planned in the UK. I did not say, or imply that either company has been approached by GGG, although implicit in the above, was that if GGG can eventually start mining, then the UK might be somewhere that could refine the ore, since it has the necessary expertise.

Pensana have retained John Wood group as their consultants, and they are a very substantial group with international revenues, circa $8bn per annum, so they should know what they are doing. You say that Wilton Park (Peak) and Saltends Chemical Park (Pensana) may never get built, well they may not, and that is one of the gambles that investors make, but I think that at least one of them will.

Like a lot of GGG shareholders, I bought into the company over five years ago, when Siumut was in power, and there was a real prospect that things might get moving, but politics and politicians change, and we are where we are now with IA nominally in charge. Things may change, despite what people say, all we small investors can do is be patient and see it out.

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Miningnews.net releasing quite a few articles yesterday

https://www.miningnews.net/resourcestocks/resourcestocks/1435195/pensana-to-provide-uk-produced-rare-earth-resources

GGG Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
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