The points you listed have essentially been a reality for years now.They’re not new risks. Since Donalds return, the SP has been pumped by his threats to take over Greenland, which would somehow benefit ETM. That appears to have emboldened LT shareholders belief that the exploitation license issue would be resolved in ETM favour.
The GoG cancelling ETM exploration license, while unexpected, it makes no difference to ETM predicament. If the company can’t get an exploitation license for the Kuannersuit project, it’s pointless having an exploration license.
Appears there ware two main drivers for the SP dump.
1. Donald’s threats to take over Greenland have become less effective.
2. Reality that the Kuannersuit project is dead and buried.
The points you listed have essentially been a reality for years...
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