Tony Sage

So those are the ones that the U.S.

government can particularly interested in because it obviously fuels national defense.

You cannot build an F-35 fighter.

You can't build a destroyer, nuclear power plants, et cetera, et cetera.

So they're the ones that we're going to particularly concentrate on in Greenland.

Yeah, look, we've had a very, very good discussion with Ex-Im Bank.

We've signed an LOI with the Ex-Im Bank.

It's a fantastic deal for us.

It's $120 million over 14 years and only 1.9%.

Really, if you take into account inflation, it's a negative interest rate.

So that's been fantastic for us.

We've applied for it under the old DPA funding.

So under the new terminology, it's CHIPS funding.

We've applied for that.

Hopefully we'll get a fair hearing on that.

But we've done some very, very good financial manoeuvring.

We've decided to do 50% of the product to the US and 50% to the EU.

So 100% of our offtake is now being taken up.

which completely de-risks the project.

So it's fantastic for us, but fantastic for the EU.