ETM 0.00% 2.5¢ energy transition minerals ltd

Raw Material Processing Must Be Speeded Up, page-15

  1. 608 Posts.
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    Jeffries,
    The answer to your questions is yes, there are a number of things that bother me about GGG management, but it ids not the Greenland government.

    First thing that I have a problem with: The anmount of money spent over the past 12 years trying to get and approved EIA.

    When I found out what the successful path to an approved EIA looked like from Tanbreez, it raised many questions.
    here's the Tanbreez path,
    Tanbreez spent just less than 2 years, start to finish, (an approved EIA)
    Tanbreez used exactly the same consultants that GGG has used.
    Tanbreez spent 1 million dollars on the process, again, start to finish, (an approved EIA)

    Contrast with GGG EIA experience.

    GGG has spent 12 years and submitted 4 different submissions all of which have been rejected.
    GGG used the same consultants as Tanbreez
    GGG has spent 269,000,000 over the 12 years and have not been successful in getting an EIA approved for Kvanefjeld.

    The above contrast and the total lack of the company's transparency in terms of keeping the ASX and we shareholders informed as to what has happened over the 12 years of this process, make me believe that GGG management, not the Greenland government is the problem.


 
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