EIA Report, page-205

Let me answer you Jarrodburns188

First GGG is not the biggest mine in the world, and it is not moving forward at all. It is stuck due to the company's inability to put a safe Environmental plan together and get it approved. They have had submitted 3 EIA's all of which were rejected and they a 2019 EIA still being considered. The EIA is the 1st step in the ML process and after 12 years and 269,000,000 spent the company can't seem to get even this first step done.

Kvanefjeld not only has REE, but it has several other radioactive elements such as Uranium and Thorium and Radon and couple others as well. The deposit also has Sodium Fluoride (NaF) actually about 20 to 50 million tons of it. It is dangerous, NaF (fluoride) has about the same toxicity as arsenic, and it is commonly used as Rat Poison. So the question is how has the company planned to make these minerals safe in an Environmental plan /mine plan?

The problem for the company is that as far as I can tell, from the copies of the failed 2018 EIA and the copy of the 2019 EIA, they have not put forward a remediation plan specifically to deal with these potentially lethal minerals. I have no idea why they didn't, but i wonder how they expect to get the 2019 Environmental Report approved without such a specific sets of plans.

The other big problem the company has is its sampling that it did and used in the EIA's. They sampled only from 50year old tailings dumps. The samples that came out of these dumps have been exposed to the weather, rain and snow for 50years+, such that the minerals have been washed to the point that the samples are not at all representative of the general orebody. In a recent article in theGreenland paper Sermitsiaq they said it is likely from conversations heard, that the Government with make the company redo its samples for that reason. Possible big delay, and another big expense.

All of these problems, which are not dealt with in the EIA's, either the 2018 0r the 2019, make it unlikely that the 2019 EIA will be approved. Obviously there are very serious and potentially deadly elements and minerals that need integrated remediation solutions to make them safe, before the mine can go forward. The company has failed to put those plans together and have them approved. Which is why it is going nowhere, all they do is spend money and achieve nothing other than failure after failure.

I have said a lot lately that unless we fire CEO Mair and his board, and get in some people that actually know how to bring this mine into existence soon, the company will fail. If you look at the resumes of Mair and the board members they have no experience in bringing a new mine into existence. They have had 12 years to prove that wrong but after 12 years and 269,000,000 spent the company is still at the starting line of this process because of all their failures. Again, they need to be replaced with better, more experienced people.