Chill m0ngy. Let's say the Citronen project never sees the light...

Chill m0ngy. Let's say the Citronen project never sees the light of day, which I very much doubt for all sorts of reasons - how do you think  the share price will react as zinc goes above $1 per pound? Then $1.10, $1.20, $1.50 will do for starters. It is the biggest zinc resource of any junior in the world, let alone ASX.

As for the feasibility - I don't think China Nonferrous senior management visited Greenland to discuss igloos and we know Greenland has singled out the project as a priority. Explorer of the Year, the way they will bring in the processing plant on barges. This project has an IRR of 32% with zinc at $0.85 per pound - what do you think IRR will look like at say $1.20 and with 50% extra resource or perhaps double? Methinks they will find a way to make this puppy deliver even if they have to build a channel through the ice! Being a tad facetious.

Watching zinc price movement http://www.*****metals.com/charts/zinc_historical_large.html regularly and rubbing my hands with glee.