GBE 0.00% 5.5¢ globe metals & mining limited

Undervalued and Not on Radar - DA when?, page-104

  1. 6,244 Posts.
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    Nil risk of no DA Philby. Nil uncertainties I am aware of (never any guarantees of course) - follow the key progression since the lousy DPP government were replaced by a pro active mining TONSE alliance govt. IF the previous govt were still in place I would indeed have concerns.

    The new Govt has already seen the first large scale ML granted in 10 years to GBE.
    With that have a look at the restructure - key quality project persons and all the progress the company has made whilst they await the finalization of Mines and Minerals Bill - DA approval - such is their expectations. Could be more than 6 months for DA however unlikely. The additional changes to the MMB have been at proof reading stage for some time - once passed by Chakwera the DA can be issued - company states on website this calendar year for DA.

    This wind farm project in Mzimba will lower CAPEX/OPEX considerably and enhance ESG credentials immensely. The timing of planned commissioning is obvious - they have one large customer already that validates the project going ahead.

 
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