GBE 0.00% 4.2¢ globe metals & mining limited

new higher high, page-458

  1. 6,428 Posts.
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    Perhaps SF120 however as you say we are closer than further on approaching DA sign off - Govt minister was reported in media a couple of weeks ago that June the DA will be issued so see what transpires. Either way being so close yet little activity - pre spike with SP as yet!

    It is anticipated a spike on DA however even more so when GBE release key updated project details - financing - cash raise choice/option etc that will bolster the SP along with heavily marketing/presentations of the company for key exposure.

    All the while niobium prices rise higher as demand increases and tantalum holds firm. Malawian Kwacha loses more ground/value and although most capex expenditure in USD it is beneficial for GBE for in country requirements/expenditure.
    An article in recent MM&TR review re Aust mininsterial visit and catch up with Doc Albert stated DA well advanced with Lotus and GBE. ANY MOMENT NOW - I would anticipate - then as @ralli states it is up to what GBE do from then on which one would presume a lot given all the years and capital invested awaiting this DA approval to arrive - which makes it rather frustrating that new buyers or any buyers can get in at this stage at such a low premium but that's the reflection of past and not being on radar with huge pump like SVM do - however it is on the way once DA cemented. GLTAH and have a great week
 
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