The Managing Director and the Chairman are in Greenland at the moment hosting site visits attended by representatives from leading global finance houses and potential strategic partners.
I doubt these are the same companies that took up stock in the placement but it is possible, lets hope the company will release that info after the EGM late next week.
Talk is that BHP are amongst a couple of majors involved in the site visit.
They will attend the ceremony this Sunday 21 June at which Greenland become independant from Denmark, and continue discussions with the relevant politicians regarding the overturning of the ban on uranium mining in favour of allowing uranium production where it is a bi-product of mining other economic minerals, in this case the vast Rare Earth resource.
As eluded to in the announcement, this is in the top 2 Rare Earth resources on the planet and as such this project will be vital to Greenland's economic future.
There is a chance that the Greenland govt may announce something re uranium over the next week.
Interesting and exciting times ahead, we have ourselves a bargain here.
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