GGG 8.24% 7.8¢ greenland minerals limited

Jarrod, can't tell until the EIA and SIA come out. But Iwould...

  1. 165 Posts.
    lightbulb Created with Sketch. 2

    Jarrod, can't tell until the EIA and SIA come out. But Iwould turn on a stopwatch from there and count down 8 months. I project November base on Ironbark Zinc's rate of progress through the same ML process.Once the EIA and SIA are accepted, time to approve is more or less the government processing time (Yes there has been talk about streamliningbut this is a bureaucracy). 

    One interesting thing to note is, I would suspect that the market will account for the increased value of the stock before GGG actually receive themining licence (the value will be "baked in" by that time).

    There will be a couple of mum and dad investors who will buy in hoping that the share will rocket up just after the licence is issued. It wont as theincrease in value is already accounted for and they will get annoyed,sell out, make a loss and grumble on the forum.

    All of the above is my opinion, please use your one analysis and historical knowledge.

    Last edited by Arj1978: 13/02/19
 
watchlist Created with Sketch. Add GGG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.