Ann: Licence Grant Over High Grade Zinc Mineralisation-IBG.AX, page-29

That's exactly what i meant. There has been negotiations in that there is an agreement to finance the borrowed part post the equity part. however that was at least several years ago when China's demand was significantly stronger and general financial conditions completely different. I have seen numerous partners in other companies resile from their positions in the interim. Admittedly I was not party to the fine print which is exactly what the Chinese financier would evoke.

At a guess I would say ML+ 9 months + Build+ commission. (Luckily the ore is near surface). Say 2 yrs and six months to concentrate at nameplate capacity from ML. Note even form nameplate production you have to build up a stockpile form shipment so you may have to add another 3 months to first meaningful cashflow.

Even though this is all conventional. These are projects that have to be conducted systematically bringing a number of elements together.
I haven't allowed anything for the fact that it's in Northern Greenland and for half the year the harbour is inoperable due to ice. Also the steel has to be special grade as it becomes brittle at negative temperatures. Thin, keeping heat on vehicle engine blocks so they don't freeze as well.

I 'm not saying it's not doable they do it in Norther Canada and Alsaka. However being too sanguine could lead to disappointment in the sort term at least. I just wish the point was made to the Greenland Danish authorities who are dragging their feet. We're not Santa-Claus.