ETM 2.63% 3.9¢ energy transition minerals ltd

In 882, Rurik’s successor, Prince Oleg, who essentially served...

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    In 882, Rurik’s successor, Prince Oleg, who essentially served as a regent for Rurik’s young son, and Rurik had died by this time, came to Kyiv..... j/k.


    Its a passive index, and due for another re-balance in the sector via the URNM ETF.

    URA is yoked on Cameco essentially, whereas URNM is yoked on Kazatomprom/SPUT. CCJ hit max cap allocation constantly, hence why both rebalances are usually painful. But if it sinks the whole ETFs spews and redeem juniors on market out when ETF units are reduced/redeemed..
    CCJ announced they missed production targets I believe, and still enduring the low ball priced contracts they were forced to sign at the time.

    If ETM were to somehow run the GoG/Denmark gauntlet; it could be re-included. There was a point about 2 years ago before DM sold his (or part owner) the Lithium Tenement in Spain to ETM to keep it a float in terms of listing requirements.. Now circumstances were different then but if DM went contrarian and vended in a Uranium tenement in NT (or other viable jurisdiction) it would have held on to the URA ETF holding as a non-pure play..
    There is Silver ETF, and Gold Junior ETF which have similar realistic inclusion requirements.

    Unfortunately - Rare Earth inclusion is mixed with ":Strategic Metals" which for some reason includes Lithium, but the industry space is missing a Junior ETF with lower entry requirements. The REMX inclusion is $1M USD per day trading avg, with like two quarterly reviews. and $150M USD market cap.

    If you have a look at ASM chart, it was about the time of the GoG elections, and realistically GGG was in with a chance to be included in the REMX (it was much larger FUM back then), and ASM possibly took GGG's spot.
    ASM still has no activity.


    There are a few of this lithium quasi uranium companies on ETFs not performing that great at the moment despite.

    Conserving cash should be 110% priority for ETM.
    Last edited by Zhc003: 15/02/24
 
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