In response to your question regarding IRR for GML, it's around 40% per annum, according to their latest financial model from about 18 months ago which will take approximately 2-3 years to pay off the initial construction cost of approximately $500M. However, if REE prices continue to strengthen largely due to the surge
in EV manufacturing and pent up demand, as well as international political tensions and the Chicoms dominance in REE, IRR could be even better.
This and the gargantuan size of GML mine and the riches in its dirt make this equity a once in a lifetime opportunity once we are passed the hullabaloos of the feuding political parties in Greenland!
Stay strong if you want to!
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.58M |
Open | High | Low | Value | Volume |
2.0¢ | 2.2¢ | 2.0¢ | $18.44K | 877.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 95000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.021 |
4 | 1017223 | 0.020 |
3 | 1370000 | 0.019 |
2 | 946590 | 0.018 |
1 | 1078254 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 95000 | 1 |
0.024 | 300000 | 1 |
0.026 | 400000 | 1 |
0.027 | 211477 | 3 |
0.028 | 2708 | 1 |
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