Just watch out for the P&D scenario!! Obviously theres a lot of hype behind today’s activity!
Morgan Stanley have place a sp of 8.8c on the evaluation of the Citroen project in Greenland. This project posses a lot of hurdles that the company have had issue with for some time, one being a frozen resource that is difficult to process then there is the project’s location, being in Northern Greenland there are massive logistical, transportation and access issues.
Im heavily invested in GGG which is in Greenland (much better project) and I have done some research into IBG as a comparison.
If you are treating this as a ST trade great, otherwise be careful of the P&D and this paid evaluation from MS.
