well I think the danes are interested in not having to pay the 3.4 billion kroner per annum to support approx 60000 greenlanders forever. It is a huge taxburden to a population of approx 5million danes! Having said that it is imperative that GGG can convince the people of Denmark and Greenland that the mining can occur with minor damage to the environment, and work together with the relevant departments for a good outcome. I am sure they are working their buts off at the moment to see this happen.
Leaching of fluorine seem to be the most toxic element according to The preliminary Environmental Impact Study for Kvanefjeld go to www.risoe.dk/rispubl/reports/ris-m-2875.pdf
Interesting times we live in. I think or hope a solution will be achieved to everyones satisfaction, but it will not happen overnight. This reminds me of LYCs suspension a short while back It came good... but a bit harrowing waiting and seeing the shares go down but it came good in the end... although I would have liked it to stay in australian hands....oh well here we go... another roller coaster. good luck all.....
GGG Price at posting:
36.5¢ Sentiment: None Disclosure: Held
