ETM 0.00% 2.2¢ energy transition minerals ltd

I posted a length article ages ago which got some attention and...

  1. 544 Posts.
    lightbulb Created with Sketch. 420
    I posted a length article ages ago which got some attention and I think it speak volumes now.

    In summary, Greenland only operates of Danish donations more or less, and moving forward especially after this, the danish economy has been absolutely battered. There will be support for Greenland to have longstanding economic independence and this can be achieved with their potential mining tenements.

    If you look in Denmark, Greenland their economic positions long term on a political level outside of all this GGG nonsense, you can see from an objective standpoint that this shift is going to occur, also on the back-end of the EV and alternative energy revolution makes it all the more attractive.

    Here is my view summarized which outlines this position better then I can put into words.

    In 1953 a new Danish Constitution incorporated Greenland in Denmark, the island thereby gained representation in the Danish Parliament and was recognized as a Danish province known as the County of Greenland. In 1979 the Danish government granted Greenland home rule, with Denmark keeping control of several areas including foreign relations, defence, currency matters and the legal system in Greenland.

    In 2008 Greenland's citizens approved the Greenlandic self-government referendum with a 75% vote in favour of a higher degree of autonomy. Greenland took control of law enforcement, the coast guard, and the legal system. The official language changed from Danish to Greenlandic on 21 June 2009, Greenland national day. The act gives control of foreign relations of Greenland to the island in trade and other areas it is responsible for. Greenland has representatives in Copenhagen, Brussels, Reykjavik, and Washington, D.C.

    As part of the self-rule law of 2009 (section 21), Greenland can declare full independence if they wish to pursue it, but it would have to be approved by a referendum among the Greenlandic people. A poll in 2016 showed that there was a clear majority (64%) for full independence among the Greenlandic people, but a poll in 217 showed that there was a clear opposition (78%) if it meant a fall in living standards

    Greenland's former prime minister, Kuupik Kleist, has repeatedly expressed the need to diversify Greenland's economy, which mainly relies on fishery, tourism and a substantial annual block grant from the Danish state. The block grant equals about two-thirds of Greenland's government budget or about one-quarter of the entire GDP of Greenland. Economic stability is seen as a basis for full political independence from Denmark. When Kim Kielsen was re-elected with a strong majority as the leader of the largest Greenlandic pro-independence party Siumut in 2017, observers considered it a win for the "slow-independence" faction instead of the "now-independence" faction. (His opponent, Vittus Qujaukitsoq, had argued for independence even if it meant losing the large annual block grant from the Danish state.)
    During a debate in the Danish Parliament (which also includes members from Greenland) in 2018, Danish Prime Minister Lars Løkke said that Greenland needs to make it clear if they wish to remain a part of the Kingdom or become independent.
    If Greenland were to become an independent country, the annual block grant from Denmark to Greenland would cease.

    In 2008, independence campaigners touted the year 2021 (the 300th anniversary of Danish colonial rule) as a date for potential independence.

 
watchlist Created with Sketch. Add ETM (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $30.99M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $10.05K 457.1K

Buyers (Bids)

No. Vol. Price($)
3 18016 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 137395 1
View Market Depth
Last trade - 14.15pm 04/10/2024 (20 minute delay) ?
ETM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.