Hello Investors
This is my first contribution to this debate which I have been following with keen interest for some time. I am a holder for the same reasons (I think) as the other contributors - ie the uniquenessof this situation make it an attractive speculation
My question is (unless I have missed something in previous posts), assuming the go-ahead for Kvanefjeld (Uranium or not) , looking at GGG for the long term should we be concerned about what I'd expect to be the high cost of developing it as a commerical mine ? Considering:
Remoteness of location, thus lack of pre-existing infrastructure - particularly transport (people & equipment in , ore out ) and power
Harsh climate - including 24/7 darkness for several months each year - would this may have a bearing how long it takes on developing the site?
Lack of local labour force - given the population of perhaps several dozen spread over an area the size of Western Europe - and the expense of importing labour
How do GGG plan to finance this ? Presumably not on their own ?
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Hello InvestorsThis is my first contribution to this debate...
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