The worst case ?The new Govt. could steal the deposit . Give aboriginals rights over TGX bring in a co of their choosing to develop it . Forcing TGX into a sale at bargain prices . So TGX wants a % of revenues but they say no take 500 mil or leave it . That is 5 $ a share .
A compromise solution ? All parties agree we have a tremendous resource here let us develop it for our mutual best interests . May be it is only 10 $ / share .
Either way TGX under valued . No one likes dead money which is what has happened here in the past . My take is that a devlopement plan is quite close from reading Greenland news items .
Worth the risk .
jack