Think it means the exploration license. The company applied for an exploration license for a deposit that contains Uranium during a time when there was a complete uranium ban. And now that ban has essentially been reinstated, the company thinks its got a legal standing. What a joke!
Besides the very evident political risks, there was also risks associated with processing a unique ore type that has never been processed before. But that ok because the company has told everyone its really simple to process and will make Greenland rich.
You would be better off investing in a ponzi scheme.
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