Metals gaining traction, page-25

For those who came in late, a short recap on where we are at - not long to go now till we see a major re-rate in the SP once we have the updated BFS (with improved numbers) followed by the FID - the steady rise in the POZ is a bonus!

Opportunity for US exporters

"Jardine said that EXIM’s mission was to support American jobs by facilitating the export of US goods and services and that the company believed the Citrönen was an opportunity for US exporters to participate in major mining development in Greenland.
He said: “EXIM has extensive experience in backing responsible mining developments and Ironbark looks forward to conforming with the bank’s high standards for environmentally and socially responsible mining.
"Ironbark intends to maintain this initial momentum by pursuing similar arrangements with other relevant ECA and commercial lenders.
“When the feasibility study is completed in early 2021 to a bankable standard, Ironbark will then seek to convert these preliminary arrangements into binding financing agreements for the development of Citronen.”
“Attracting foreign investment”

"Greenland’s Ministry of Mineral Resources Permanent Secretary Jørgen Hammeken-Holm said: “The Government of Greenland is, of course, delighted to see EXIM’s expression of interest in supporting Ironbark, which reinforces the company’s longstanding commitment to the Citronen Project, and Greenland more broadly.
“As one of the country’s flagship resource projects, Citronen represents a unique near-term opportunity to diversify Greenland’s economic base and attract significant inbound foreign investment.
“We are fully supportive of the Ironbark Board and look forward to continuing our good relationship with the company as the activity progresses further in 2021.”

Bring on the financing and let's get this show on the road!

GLTAH
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