RE:From Minutes of Yukon Legislature, April, 2023 Can the minister he tell us how much the Alaskan government has invested into this project as well?
Hon. Mr. Pillai: That initial investment for us over $17 million just is for the platform work. There has been a dialogue and a bit of debate in the House around what type of ore-loading infrastructure should be put in place. There is a cost associated with that, and that is still going to be a discussion with the private sector as well as government entities once it has been defined what infrastructure it should be and what the model is to pay for that. So, there is a potential of further investment, but that is yet to be seen based on the infrastructure decision or choice that will be made.
When it comes to the Alaska state government, we don't have complete visibility to what is being leveraged by the municipality of Skagway from the Alaska government. I mean, this is a complete redevelopment in that area in Skagway. So, we can request that information at our next set of meetings and, if they are comfortable, we could share that, but their municipal j government quite transparent. But I don't have the dollar figure in any potential bilateral agreement or TPA between the state and the municipality accessible to us at this time.
I believe an agreement on $42 million has been worked out, so one of the three Ps is a given...Permitting will be next... Power Grid will be toughest, but Pillai seems to be working hard and he is definitely on our side.