IBG in Greenland was given a similar opportunity From EXIM but unfortunately it fell through as they couldn't find any interested parties in investing in the project and couldn't meet the attached conditions. It's quite likely that a project with less attractive fundamentals would fall over as well.
I find it interesting to read that the previous drilling was deemed unsatisfactory. After all that promise of thousands of samples it seems they have almost had to start again. That's a concern. I wonder if critical medals discovered there wasn't anywhere close to this level of resource definition As we have been told and the market doesn't like mopping up the mess Or if the chronic share price collapse is still due to the complexity of the resource and costly associated issues.
The good news is if EXIM are willing to dangle some finance for tanbreez. With all its complications . They will be madly shovelling the cash at ETM should it get a licence Given its ease of access and processing
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