john mair outlines, page-9

imho,

It's not just speculation. GME were invited to accompany the former Prime Minister on last December's reciprocal visit to S.Korea. It's unlikely they would have done so without specific interest in the Kvanefjeld project, don't you think?

S.Korean funding was also mentioned in several articles last year, eg:

http://www.mining-technology.com/features/featuremining-growth-markets-worlds-hidden-minerals/

http://www.marketwatch.com/story/political-developments-in-greenland-set-to-firm-the-governments-strategy-for-uranium-exploitation-from-kvanefjeld-2012-11-27-617317

" In December, GMEL will be joining a Greenland Government delegation headed by Premier Kuupik Kleist on a visit to South Korea, organised through the Danish Embassy, as part of an ongoing engagement strategy with potential development partners. "