How a new partner would worklots of people chirping a new partner won't risk joining in soon but the deal would structure like this:
-EPA veto revoked allowing permit application before anyone would partner
-contract is made with a small up front payment for NDM's future admin expenses (like $5mil), partner has to complete a bunch of steps to earn their stake in the project with more small payments to NDM each year or something
-partner pays for costs to make a PFS and environment study for the permit application
-partner pays for more drilling and exploration
-Permit gets approved, construction can start with capex coming from the partner
-upon mine completion partner earns their share of the project
At any time the partner can back out if the permit gets denied or something else comes up. They would not be gambling billions like many on this board continue to post. They would only be risking tens of millions until Capex which is no longer a gamble. I believe a partner will come in the next few months and then our SP will be double digits.