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3.5¢ energy transition minerals ltd

If this rubbish is true for ALL mineral licenses in Greenland,...

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U3O8_Wave

1,324 Posts.

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07/04/24

16:23

Post #: 73227757
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Originally posted by GBB: ↑

again the tanbreez exploitation license that in the words of the department is proceeding very well so yet another nro lie.
You do know that if etm does not do its require expenditure it has to be added on to the next year with a 50% penalty and when it is not spent the license is taken away with a fine equivalent to 50% of what has not been spent in the ground.( extra expenditure bonuses also only last 3 years). Therefore as etm has not been to the field for some time it must need to spend millions in the ground just to keep the license. (by the way expenditure with lawyers does not count). You should be more worried about etm's ability to keep its own license surely.
What can etm do in the field surely its go and look for non uranium REE deposits like eudialyte

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If this rubbish is true for ALL mineral licenses in Greenland, It sounds to me like the GOG are just a milking factory.
Milking funds from hopefull companies wanting to start mining in the country. Pathetic hurdles to ever get anything going in the country, maybe thats the way they want it, untouched but still raking in a "revenue" from "mining" but not mining.

LOL, what a basket case.

Good luck GBB, and mean that with the utmost of sarcasm.

Last edited by U3O8_Wave: 07/04/24

ETM Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
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