GGG 8.24% 7.8¢ greenland minerals limited

On China's strategy regarding Arctic resources, page-14

  1. 116 Posts.
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    Thanks nro

    While I didnt manage to find any reference to the 6 month approval time frame I did learn a great deal reading through past posts on this forum.

    It seems the main frustration for SH's is how long its taking to complete the EIA submission process. So while it may only be a 6 month approval time frame once the EIA submission process is complete, no one knows how long its going to take to complete the EIA submission process.  

    From what I understated there are also a number of other documents that require approval before a mining license is issued such as the SIA, NSI and then there is a public consultation period. If there are concerns raised during the public consultation period that could further delay the process. As I mentioned before, there tends to be an irrational fear when radioactive material is involved. 

    Based on this I only see GGG as a ST trade for now rather than a LT investment. 
 
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