At the Palladium and Gold spot prices at this moment (Pd=$1311, Au=$1292 USD) the inferred in ground value of the Pd and Au in Skaergaard is:
Palladium = $11,366,370,000
Gold = $7,354,325,000
Total = $18,720,695,000
At today's exchange rate that is roughly $26,084,479,084 AUD.
That doesn't include any increase in the resource likely to come from exploration of Qialivarteerpik or the additional value of the other minerals hosted in the resource like Platinum, Rhodium, Vanadium.
In the past an onsite process plant followed by planes flying out the gold was the suggested method but with the year on year reduction in Arctic sea ice my personal approach to Skaergaard and Qialivarteerpik would be DSO it straight onto ships and process it somewhere else. Iceland is only 400km away but tbh once it's on a ship it can go basically anywhere. Canada would be the obvious choice IMO due to proximity and the existence of operational PGM processing plants, Vale SA has a processing plant in Port Colborne, Ontario which would be accessible for example.
If I was CN I would be starting with them.
Cheers,
DMac
