rehash on why we are all here :)

Greenland Minerals and Energy [ASX.GGG] Last sale 12c GGGOB (Sept 18, 8c) 5c
Shares on issue: 1b, Market Cap $120m, Cash $5m
Key Asset: 100% owned Kvanefjeld Project, Greenland,
Sector: Rare Earth Elements (U, Zn, fluorspar by-products)
Project Status: Advanced stage, progressing through permitting, technical work underway with Shenghe, integrating with leading downstream processor with strong international customer network
Update: Recent ‘Flash Note’ from RM Capital which reiterates their short term price target of 29c with considerable upside
Comment: Rare earths are a critical group within the tech metals (REEs, Li, Co) that are seeing big demand growth driven by emerging technologies. The strategic relationship with Shenghe has GGG in a unique position, and could become one of the bigger stories in the tech-metal space. Shenghe’s market capitalisation has recently surged past AUD $6 billion.

Q2 Activities Report

• Rare earth prices recovering strongly on the back of continued supply side reform in China and strengthening demand outlook
• Solid progress in closing out environmental studies for the Kvanefjeld Project
• The recent visit to the project site where the delegation included the IAEA Director General, Greenland’s Premier Kim Kielsen
• Technical work programmes progressing with strategic partner Shenghe Resources Holding Co Ltd

Strategic Partner Significance:
Shenghe is the most internationally focussed of Chinas leading rare earth companies. Shenghe and GGG are working to develop Kvanefjeld as a cornerstone to new rare earth supply networks as supply side reforms continue.
Shenghe brings leading downstream processing technology and a strong international customer base to the Kvanefjeld Project. These elements combine to bring a path-to-market for the substantial projected output from Kvanefjeld, thereby providing an off-take strategy.
Shenghe’s share price has jumped from 11.66 CNY on 13 Jun 2017 to 21.52 CNY yesterday. This gives the company a market capitalisation of 33B CNY, or approximately AUD$6.2 B.

Investor Interest Returning to the RE Sector
Rare earth companies listed on the ASX are enjoying a good run as below as investor interest warms to sector rejuvenation

• ARU 5.4c 27 Jun to 7c
• HAS 8.6c 19 Jul to 20c
• NTU 9.5c 31 Jul to 12.5c
• LYC 8.2c 1 Jun to 16c

I believe GGG represents an excellent buying opportunity at these prices as the company continues to make solid progress on many levels.
Recent Updates and Company News
Q2 2017 Activities Report:
http://www.ggg.gl/docs/quarterly-reports/June-2017-Quarterly-Report.pdf
RM Flash Note:
http://www.ggg.gl/docs/in-the-news/RMResearch-Flash-Note_GGG_20170724.pdf
Mining Journal overview:
http://www.mining-journal.com/featured-company-profiles/kvanefjeld-on-the-cusp/
IAEA Director General visits Kvanefjeld:
https://www.iaea.org/newscenter/news/iaea-director-general-visits-greenland-and-copenhagen
Rare Earth Prices Rising, Sector Revival Underway
http://www.ggg.gl/docs/ASX-announcements/Rare-Earth-Market-Update-July2017.pdf
Greenland Minerals – Shenghe Commence Strategic Cooperation
http://www.ggg.gl/docs/ASX-announcements/GMEL-Shenghe-Announcement.pdf