To much negativity here.
Off course they are going to need more cash.
However, with the Greenlandic Government behind the project & a ML pending (some have muted 2016) 2017. I do not think the company will have a problem raising whatever cash they require.
True REE's prices have suffered but what goes down does come up & we are some way off before the Plant is ready to produce.
http://www.*****.com/news/2016-02-1...l-Prices-2016-Part-2-Rare-Earth-Elements.html
http://www.profitconfidential.com/s...send-rare-earth-metal-prices-soaring-in-2016/
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