…and thus begins the real political infight
Naalakkersuisut makes the economic cake smaller with the proposal. This means that raw materials and mineral exploration will not be a mainstay of business for the Self-Government.Siumut's chairman Erik Jensen is clear in his speech about Naalakkersuisut's new proposal, which in principle intends to reintroduce zero tolerance for uranium. A zero tolerance that was lifted in 2013 and which has since been a huge stone in the shoe of Greenlandic politics.The opposition's largest party, Siumut, was behind the repeal and criticized the Naalakkersuisut for leading a zigzag course in raw material policy to the detriment of the industry and Greenland's reputation with investors.- Greenland does not need a zigzag course in relation to abroad. Initiating raw material activities here is expensive. The Mineral Resources Act secures jobs and tax dollars for Greenland. We need that for a self-sustaining economy, says Erik Jensen.Whether Siumut will repeal the new law when and if the party regains power, however, is too early to say, according to the party chairman.- We have not yet discussed it in the party. So it has not been decided yet, says Erik Jensen, who states that he has convened a strategy seminar in September.GE: Tangles expropriationThe Greenland Chamber of Commerce sees two main problems with the bill against uranium, says head of secretariat and legal consultant Karsten Lyberth Klausen.Firstly, it will have a negative effect on the investment climate, as the proposal creates uncertainty about the framework for investing in mineral exploration in Greenland. In this connection, GE refers in particular to paragraphs 2 and 3, which give the Naalakkersuisut the right to ban other radioactive elements as well as the possibility to restrict or revoke permits granted for feasibility studies, exploration and exploitation.
- Forums
- ASX - By Stock
- News Article FYI only Greenland: The dirty tricks campaign
…and thus begins the real political infightNaalakkersuisut makes...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETM (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
-0.002(6.12%) |
Mkt cap ! $32.30M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $36.53K | 1.543M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 151510 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 252330 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 151510 | 0.023 |
4 | 450000 | 0.022 |
2 | 1475000 | 0.021 |
7 | 1430000 | 0.020 |
2 | 542315 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 252330 | 2 |
0.026 | 61026 | 2 |
0.027 | 97180 | 2 |
0.028 | 522708 | 3 |
0.030 | 159000 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ETM (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online