Ann: Quarterly Activities Report, page-7

Interesting

JV Partner Search
Relative to the broad-based Strategic Equity Process run in 2022, Ironbark is conducting a much more targeted
exercise in 2023. Advanced zinc development projects capable of sustaining multi-decade mine lives are rare, and
ones located in jurisdictions with a strong rule of law even more so. It is also the case however that mining in the high
Arctic requires specialised capabilities and the successful development of Citronen over the long term will require
significant technical and financial resources.
As noted above, no guidance can currently be provided on when this process is likely to be complete however the Board
continues to strongly believe Citronen will be more appropriately valued in the future when a suitable de-risking
pathway has been laid out.


Maybe akpa14 can help out here, I feel that LNS may have moved on as they do not appear to be jumping at the opportunity to partner up with IBG. It is said that silence is golden however not in this case though.

cheers