I suspect the rehabilitation bond, that was to be paid to GoG before the exploitation licence came into effect, was paid by the company EUR. That company paid some $3.4 million for shares in an unlisted REE company working in Greenland.
EUR is part of the Tony Sage stable, whose companies so far have produced very little for shareholders over the years.
I don't know whether other funds are to be paid to GoG, though obviously enormous funds have to be raised before exploitation and processing can make a start by the end of year 2025.
Ursula to visit in March, page-138
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Change
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