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Business Description: Greenland Minerals and Energy Ltd (GGG) is an exploration and development company focusing on developing mineral projects in Greenland. The Company’s flagship project is the Kvanefjeld project.
Strategy Analysis: GGG aims to identify large mineral deposits with the potential to underpin long term, economically robust mining operations in Greenland. This is achieved through technically-focused exploration and resource development programs.The Company is focused on advancing the Kvanefjeld project toward development.
Greenland Minerals and Energy reported negative cash flow of $4.96m for quarter ended 30 September 2011. Operating cash flow for the period was $(5.73m). Payments for exploration and evaluation were $(3.17m). Investing cash flow was $(561,000). Financing cash flow was $1.33m. Cash in hand at the end of the quarter was $17.8m.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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