Chart, page-129

I think you will find that early stage exploration companies as a rule do not have permission to mine in place.

For several reasons, its a cost both time and money that may not be necessary. Also what do you put on the form what is it you intend to mine...you don't know yet, you don't have a proven discovery..?

You will also find that most exploration companies will only explore if they think it highly likely they will be given permission to mine if a discovery is made. Watch all the tube videos from the company you will see the CEO mention that we are not near population centers, near national parks or near anything of significance really. Also we are not expecting to see anything that is controversial in Greenland for example any radioactive content or oil and gas shows from our current drilling.

Greenland has a mining school, they want jobs in mining, just not right on top of population centers or in sectors that are currently controversial.

Tourism is generating a lot of income for Greenland, well up until covid but it (tourism) has big potential.

But ask anyone from Venice (Italy) what they think about mass tourism it too has an impact and cost, Greenland can only handle so many tourists and many locals are not pro much tourism at all. Imagine walking down your local street and a load of Chinese, European or Aussie tourists wanting to take a photo of you because they think you look like an exotic eskimo, that would soon get annoying!

Mining conventional metals in a distant part of Greenland (the CEO has mentioned possible processing in Iceland) in a conventional way is likely to be as low impact cash and jobs as possible for the 53 odd thousand Greenland population.

But as I mentioned before the CEO says he sees our company as a discovery company i.e. that we will likely (ideally) make multiple mineral discoveries prove up prospects, sell them and move to the next discovery project. We have a vast leasehold in a very geologically prospective part of the world.

So permission to mine, I doubt we have it, yet, in English we say that would be putting the cart before the horse, in German I think its something about putting the brindle on the back of the horse, ha ha!
I think we or any mining company will make the discovery before getting mining permission.

I understand the thinking though, another company (ASX:GGG) may have hit roadblocks concerning going to mine. I think that is because they have radioactive content and are in a populated zone.

We may yet have some issues to get mining permission (if we discover commercial minerals) Im not saying we will have zero issues to address but we won't have those issues.

My thoughts only but hope that helps. Now back to the football..