GBE 0.00% 1.4¢ globe metals & mining limited

SITTING ON HANDS

  1. 1,213 Posts.
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    As previously stated China's imports of graphite rose exponentially last 12 months.

    Today Chinalco signs deal with Syrah Resources for graphite.

    Globe continue sitting on their hands paying themselves on interest from cash reserves.

    Hardly a way to develop a mining company as their web site describes and as for acquiring other assets for future growth as their web site also suggests - hardly likely given they do not wish to progress what they have and in time may relinquish current tenements for failing to meet requirements.
 
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