Northern Dynasty Minerals Ltd. inventories (NAK) increase following preliminary economic assessment of the Pebble project

The stock prices of Northern Dynasty Minerals Ltd. (NAK) rose 14.63% as market trading began on October 25.e, 2021. This brought the price per share to $ 0.47 at the start of the trading day.

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NAK Stock Files 2021 PEA

25 octobere, 2021 saw the stock of NAK announce the filing of its NI 43-101 preliminary economic assessment technical report for its Pebble project in Alaska. The 2021 PEA includes production, financial and cost estimates for the proposed Pebble project in Southwest Alaska, as described in the company’s permit application and resulting modifications for the project. . The PEA also assesses three potential mine expansion scenarios, each with a projected potential life of more than 100 years. Prospective scenarios for gold recovery are also included, with the potential to form the basis for future permit applications and reviews.

The pebble project

Project Pebble has the potential to facilitate the provision of over US $ 8 billion to the Southwest Alaska region through the Pebble Performance Dividend and the Lake and Peninsula Severance Tax. Borough over the life of these potential expansion scenarios. These benefits are in addition to the potential benefits provided by existing and future agreements with Alaska Native Village Corporations. The PEA predicts a strong economic return for the proposed project, while also demonstrating an important option for potential future developments. Significant investments were made to design the project in such a way as to guarantee its construction and operation with the best environmental protections in the industry while generating substantial financial returns over the coming decades.

Synergistic development

The 2021 PIA takes into account the effect of each potential expansion scenario on the financial results of third parties that own and finance the construction of key transmission and power infrastructure. The NAK inventory proceeds on the assumption that these third parties will build the facilities with internal resources or be included in the overall construction management of the project. The Pebble Partnership will facilitate the rental, operation and maintenance of facilities as part of its overall mining operations. Lease payments for these collaborations are set to provide a market rate of return to lessors.

Future prospects for NAK Stock

The NAK action is pushing for the accelerated approval and development of the Pebble project with the aim of ushering in unprecedented growth. The company stands ready to capitalize on the massively expanded scope of opportunities open to it as a result of this development. Current and potential investors hope that management will be able to leverage the resources at its disposal. It is hoped that this will facilitate organic and consistent increases in shareholder value over the long term.

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