Waiting on that news from last year's Company update to generate some fresh interest - just to recap some key points!
"Citronen economics conducive to supporting minimum
50% Project finance (subject to bridging equity gap)
Key milestones targeted in the next 6 months:
3.3Mtpa Feasibility Optimisation December 2019
Reporting Captains Flat HeliSAM survey December 2019
Captains Flat Base Metals JV / Mestersvig
Exploration assessments January 2020
Citronen 1Mtpa Scoping Study Feb 2020
Completion of all pre FID Approvals in Greenland
June Quarter 2020
Rationale: be “partner ready” by H2 2020
H1 2020 Goals
Obtain outstanding pre FID development permits and approvals
Evaluate the merits of a high grade Starter Project option
Update project scope and economics to 2020 base
Develop project funding plans
H2 2020 Goals
Complete equity funding plan
search for an appropriate JV partner(s)
explore alternative equity pathways
Complete project debt funding plan
Commercial banks
ECAs
Suppliers
2021 Goals
Complete FID
Commence development" .
IBG Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
