GITI take initial long position in Geomega
COVID-19 permitting, the start of pilot-production could still happen in the second half 2021.
We see Geomega as the role model for sustainable rare earth element production outside China.
Apart from recycling, Geomega also own one of the 10 largest rare earth deposits world-wide. Montviel is also the largest rare earth bastnaesite NI43-101 resource in North America. Geomega own the patent for the related metallurgical process since July 2020.
For us these are compelling reasons to take a position and as of April 1, 2021 we are taking an initial long position in GMA.V stock.
[This appears as a matter of disclosure and it is no investment advice. Please do your own due diligence]