@divingdane I don’t underestimate it all. However, with one case headed to high court I seriously doubt Greenland would want another. I could be wrong but willing to wait 5 years to find out.
@divingdane Might be the first unbiased comment I heard from you 🙏. Maybe we can be friends now and agree to disagree on a very important macro economic event with a potential very positive outcome for all!
@Blowster85#Greenland oil project under growing time pressure ...
Roderik McIllree, executive director of #80M : “If we don’t get permission to start drilling now, I expect the American investors to pull out of the project, and then the area will end up not being explored.”
$GLND
@divingdane@DavidBurton1971 Trying showing the entire article from today rather than a cut and paste of 1 line or how you re-post 4 year old articles about no new permits with no mention of grandfathered licenses
Seems plenty of confusion around @80milePLC for some reason…
The positive facts being missed by the negative coverage are:
• #80M’s historic exploration licences remain in place.
•The #Greenland government did not order the landed equipment to be removed.
•The relevant application remains under consideration.
• @GL_Energy_Co says discussions with regulators have been constructive.
•The first well remains funded.
•80M leads the permitting as the registered licensee.
•Greenland Energy continues procuring and preparing for execution.
•BlackRock has now appeared as a GLND shareholder.
•The criticism concerns subsidiary operational/logistical permissions—not the absence of the underlying Jameson licences.
A very long article today in the @guardian seemingly determined to manufacture a Trump controversy while burying the facts about #80M and $GLND
Lots of politics, personalities and recycled allegations — but here is what actually matters:
🔹 @80milePLC did not suddenly obtain a new oil licence. Its subsidiary legally retains the Jameson Land licences granted before #Greenland stopped issuing new ones in 2021.
🔹 @GL_Energy_Co is funding the exploration programme to earn its interest, while 80 Mile remains the licensee and leads permitting and stakeholder engagement.
🔹 Nobody has claimed drilling can begin without the outstanding approvals. The application remains under consideration.
🔹 Recent high-level meetings with Greenlandic authorities have been described as constructive.
🔹 Equipment procurement and logistical preparation must begin months in advance because the Arctic operating window is exceptionally short.
🔹 Greenland’s authorities decided it would be disproportionate to demand that the equipment already delivered be removed.
🔹 The initial programme has been refined to one well to maximise safety, environmental protection and operational execution — not because of funding constraints.
🔹 A second well can follow once the results of the first have been analysed.
🔹 Dr Phil, Donald Trump and American politics may generate clicks, but they do not determine Greenland’s regulatory process.
The real story? A fully funded, potentially basin-opening exploration well continues advancing through permitting and preparation.
A newly published article — but an increasingly outdated narrative.
The approval will arrive when the authorities have completed their work — Monday, a week Monday or a month Monday. Until then, preparation continues.
A very long article today in the @guardian seemingly determined to manufacture a Trump controversy while burying the facts about #80M and $GLND
Lots of politics, personalities and recycled allegations — but here is what actually matters:
🔹 @80milePLC did not suddenly obtain a new oil licence. Its subsidiary legally retains the Jameson Land licences granted before #Greenland stopped issuing new ones in 2021.
🔹 @GL_Energy_Co is funding the exploration programme to earn its interest, while 80 Mile remains the licensee and leads permitting and stakeholder engagement.
🔹 Nobody has claimed drilling can begin without the outstanding approvals. The application remains under consideration.
🔹 Recent high-level meetings with Greenlandic authorities have been described as constructive.
🔹 Equipment procurement and logistical preparation must begin months in advance because the Arctic operating window is exceptionally short.
🔹 Greenland’s authorities decided it would be disproportionate to demand that the equipment already delivered be removed.
🔹 The initial programme has been refined to one well to maximise safety, environmental protection and operational execution — not because of funding constraints.
🔹 A second well can follow once the results of the first have been analysed.
🔹 Dr Phil, Donald Trump and American politics may generate clicks, but they do not determine Greenland’s regulatory process.
The real story? A fully funded, potentially basin-opening exploration well continues advancing through permitting and preparation.
A newly published article — but an increasingly outdated narrative.
The approval will arrive when the authorities have completed their work — Monday, a week Monday or a month Monday. Until then, preparation continues.
$GH Shield launch insanely strong. Surpassing Cologuard significantly in terms of trajectory.
And of course, that‘s super bullish $FRNM. Probably the most interesting name in the tool space now.
$GLND Greenland Official Calls Jameson Land Drilling Preparations “Natural”
•GREENLANDENERGYJULY 28, 2026GLND, JAMESON LAND BASIN, OIL & GAS
According to Sermitsiaq, Jørgen T. Hammeken-Holm, head of Greenland’s Department of Mineral Resources, considers it natural”