ETM 4.17% 2.3¢ energy transition minerals ltd

Naughty Naaja, page-174

  1. 2,226 Posts.
    lightbulb Created with Sketch. 650
    Hi He'sElite

    Sorry for delay responding as gave site a rest for a few days with all the nonsense....

    I do not know much about Aqqaluaq B. Egede except what he has recently stated in his change of position except he is against Uranium...that does not necessarily make him against GML in the bigger picture.
    I think he will want to see what can be agreed upon with the new makeup....

    If they are going to try and agree on issues then Kvanefjeld is a clear point in question and the removal of Naaja Nathanielsen from that post...

    IA has really misled on many issues and have now gone back to Coalition with Suimut..

    I think that it will head to "Compromise and Collaboration"

    I have since my early posting mentioned the issues with Greenland-China-Russia-EU-US etc..

    But if we take a look back at Greenland past history over the lets say 10-15 years..

    They have had a purpose to develop a Mining Industry to help improve the economy so that they can:

    Create Jobs..??
    Solve Social Issues????
    Improve living Standards???
    Stop the young leaving????
    Develop other industries
    Improve the economy????
    Gain Full Independence from Denmark!!!!

    Global Warming Russia laying Claim to Ocean/Arctic Territory right up against Greenlands Economic Zone.....
    They Have China wanting bigger and stronger influence in the region also working closely with Russia.

    There are so many issue can't list them all....

    The Greenland Government over this last 10-15 years have virtually achieved nothng on all their promises..

    As Greenland try's to develop a Mining Industry and since the IA won the election What have they Achieved:

    Banned Oil and Gas Exploration
    Banned uranium with a limit of 100ppm
    Opended the Consulate in China
    Increased haour charges for boats
    put rents up


    Not forgetting the Mute Egede IA current Prime Minister whilst in the previous government was from 2016-2018 the Minister for Mineral Resources visiting China wanting better relations and encouraging involvement in Greenland.

    My Current view now on GML:

    We are in the process of starting Arbitration which will start to cost not only GML but the GoG as well financially...
    Jensen has previously made it clear that they will stick with the 100ppm for stability so the developing mining industry now has this restriction. There are no other Uranium projects in Greenland..Nothing of significane anywhere near a White Paper.
    All Near Term multi million dollar and any others in real terms means 10-15 years or more...

    GML project is Rare Earth with approx 3-5% of Uranium as By Product....
    GML has "Special Conditions"
    The new 100ppm limit was executed outside of GML's approvals date..
    GML continued with White Paper and Public hearings all thru 2021 with GoG IA stating clearly White paper will be processed promtly... Now delayed to Autumn 2022...
    Lets see how things change over the next few weeks.

    So far the Greenland Government has not delivered on anything of significance is dysfunctional lacks openness and transparency and would be incapable of operating as an independent nation particuarly with the current Conflict in Ukraine.

    Which has further heightened the need for Critical Minerals and the need for more countries to be self reliant Germany as a good example...

    IMO "Compromise and Collaboration is the only Solution"

    "How a Society Can Choose to Succeed or Fail"

    "Go Thor"

 
watchlist Created with Sketch. Add ETM (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $32.40M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $18.47K 802.5K

Buyers (Bids)

No. Vol. Price($)
1 450000 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 35000 1
View Market Depth
Last trade - 12.17pm 13/11/2024 (20 minute delay) ?
ETM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.