ETM 0.00% 2.2¢ energy transition minerals ltd

Yes - I'm sticking with the company announcement 9/7/19...

  1. 6,381 Posts.
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    Yes - I'm sticking with the company announcement 9/7/19 "optimised feasibility study".

    Costs reduction 40% to US$505 million plus 15% contingency.
    REO production increase 8%.
    Smaller footprint.

    Shapes up for an outstanding DFS next year and of course the E/L - M/L and release of partnership details/finance. Long wait is nearing the end and reality is many projects of scale like this take some 10 years to advance to M/L. Nothing unusual - had to remove the uranium ban through Danish govt - changes in Greenland govts - etc - just adds to companies times/expenses to progress to their mining licenses.

    A project of scale as this - along with others now advanced to M/L being issued will go a long way to Greenland attaining a long held desire of self governance - independence.
 
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