Ive read there is over $100 value of rare earths and uranium in each ton of ore. If they mine 4-10 mtpa there has to be potential there to make a profit. Could be a good earner for Greenland with royalties, taxes, and what the company and its employees spend locally. I dont know about the outlook for rare earth prices but uranium is tipped to start rising in value soon as demand exceeds supply after 2012. My facts may be questionable but they give a rough idea of the posibility this is a reasonable punt. We have to look forward to the prefeasibility at the end of the year.
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