If China had 60% of GML what would it mean to shareholders?

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RomanH

34 Posts.

06/11/18

09:59

Post #: 36400923
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Originally posted by kingsley83: ↑

Seems like we are getting a lot more coverage at the moment in Greenland. This one below is old news for us but just uploaded on Sermitsiaq.

There is another about a lack of earthquake coverage in the EIA report. Typically you wouldn’t expect that anyway as open pit mines don’t cause much of an earthquake risk.

Kupersuit: Shenghe prepared to buy the entire production of rare earths

The minority shareholder in Greenland Minerals Limited is set to take away all that comes from rare earths from the mine at Kuannersuit

Ludvig Siegstad

READ OUT: Chinese company has an option of 60 percent of GME
In the letter of intent, Shenghe declares that it intends to acquire the total production of rare earths from the Kuannaersuit project. This has to be done at a price that is applicable in international markets.

At the same time, Shenghe is prepared to assist in the marketing and sale of rare earths, if there are still some that the company does not buy.

Shenghe and GML will now negotiate a binding agreement on this in place.

Expand

Originally posted by kingsley83: ↑

Seems like we are getting a lot more coverage at the moment in Greenland. This one below is old news for us but just uploaded on Sermitsiaq.

There is another about a lack of earthquake coverage in the EIA report. Typically you wouldn’t expect that anyway as open pit mines don’t cause much of an earthquake risk.

Kupersuit: Shenghe prepared to buy the entire production of rare earths

The minority shareholder in Greenland Minerals Limited is set to take away all that comes from rare earths from the mine at Kuannersuit

Ludvig Siegstad

READ OUT: Chinese company has an option of 60 percent of GME
In the letter of intent, Shenghe declares that it intends to acquire the total production of rare earths from the Kuannaersuit project. This has to be done at a price that is applicable in international markets.

At the same time, Shenghe is prepared to assist in the marketing and sale of rare earths, if there are still some that the company does not buy.

Shenghe and GML will now negotiate a binding agreement on this in place.

Expand

If China had 60% of GML what would it mean to shareholders?

GGG Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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If China had 60% of GML what would it mean to shareholders?

Top Stories

Sales growth pushes Lovisa's fortunes (and shares) upwards

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse