Greenland is not a shabby location. Their feasibility report is fascinating and clearly Greenland and China Nonferrous want it to happen. The multi billion $ project has an IRR of 32% based on zinc spot of $US0.85 so can imagine what $1.04 and upwards does. The resource is open on all sides and conservatively they expect double the study mine life.
Worth reading at least the first few pages and looking through the rest http://ironbark.gl/wp-content/uploads/2013/11/Citronen-Feasibility-Study.pdf
Greenland is not a shabby location. Their feasibility report is...
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