Correction .24 not .34
Just putting this up to clarify the issue as to where the Arbitration will take place.
"Copenhagen"
I think we should have news shortly of who the Chair Judge will be and the next quarter progress on the arbitration..
GoG process of the White Paper as I see it is seperate issue based on Naaja Nathanielsen's previous commentary. The Arbitration will continue during this time..GMAS v. Greenland and Denmark
Greenland Minerals A/S (GMAS) v. Government of Greenland and the Government of the Kingdom of Denmark
Nature of the proceedings: International
Type of case: Investor-State
Economic sector:
Mining and quarrying
Institution:Data not available
Seat of arbitration: Copenhagen
Applicable law: Denmark , Greenland
Mining of metal ores
Date of introduction: 22 Mar 2022
Status of the case: Pending
Claimant’s country of origin: Australia
Respondent:Greenland , Denmark
Institution:Data not available
Seat of arbitration: Copenhagen
Applicable law: Denmark , Greenland
Documents of the case
See all other documents
- Press Release of Greenland Minerals Limited on it's Meeting with Greenland Regarding the Effect of the New Legislation on the Kvanefjeld Rare Earths Project - 20 Dec 2021
- Press Release of Greenland Minerals Limited on its Meeting with Greenland Regarding the Kvanefjeld Project - 25 Feb 2022
- Request for Arbitration - 22 Mar 2022
- Press Release of Greenland Minerals Limited on Commencement of Arbitration Against Greenland and Denmark - 23 Mar 2022
Whether holders have sold or not very much depends on their entry price and how they see GML performing moving forward...everyone knows the risks and rewards with investing...
Many stocks now down and in the RED because of Russia and other invents...This is going to be a longterm change in how the world operates...
The Arctic is a clear target as the Ice melts....and I have mentioned it before Greenland can't continue to live in a Museum...they are also going to need to change. Russia for instance is very much after the Oil and gas reserves in the Arctic plus the Sea Routes and continue to work closely with China....
However GML focus is the details of Act 20 all though everything else tat can happen is either a positive or negative how you see Greenland coming out of this. If people understand my thoughts on this...
"Compromise and Collaboration"
"Go Thor"
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