OT just 32% of total German gas consumption comes from Russia and even less from Gazprom. Not really comparable to the REE market situation.
GBE's REE deposits are not in my focus because I know how long it takes to develop a REE grass root property - guess about 10years+. But Kanyika seems to me a by far less complicated but profitable company maker. The uranium slaque could be deliverd to Kayelekera and the processing itself has not been optimized but seemed practical to me. Why not looking for a project partner for Kanyika and financing the exploration via placement or rights issue? IMO there must be another reason for this desperate measure.
GBE Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held
