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Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s):  NAK

Northern Dynasty Minerals Ltd. is a Canada-based mineral exploration and development company based in Vancouver. The Company’s principal business activity is the exploration of mineral properties. The Company’s principal asset, owned through its wholly owned subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of about 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located about 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project. The deposit lies entirely within the Lake and Peninsula Borough, approximately 23,782 square miles of land. The deposit is a Copper-Gold-Molybdenum-Silver-Rhenium project. Its subsidiaries include 3537137 Canada Inc., Northern Dynasty Partnership, U5 Resources Inc., Pebble West Claims Corporation, and others.


TSX:NDM - Post by User

Post by cheerio7on Feb 12, 2021 2:14am
400 Views
Post# 32549447

For Newbies

For Newbies
something to chew on fundamentals wise (if it even matters these days LOL you be the judge)

NAK estimated resources (combo of Measured and Indicated along with the Inferred included)

81.5 Billion lbs Copper, 106.4 Million ozs Gold, 5.64 Billion lbs Molybdenum, 515 Million ozs Silver, and 4.2 Million lbs of Rhenium.

Cu= $3.77; Au= $1820; Mo= $11.80; Ag= $27.02; Re= $2500*

Therefore...$307 Billion in Cu; $193.6 Billion in Au; $66.5 Billion in Mo; $13.9 Billion in Ag and

10.5 Billion in Re.

Grand Total: $591.5 Billion in situ value.

*Tough to price rhenium and so is a estimation of the price in 2020 by peguys.com. They suggest less than $2800 so I went with $2500. Interestingly only 40 tons of this stuff gets mined per annum so price tends to be quite choppy understandably. This site estimates that this rare earth will hit 5 figures (no mention as to timing though).

Also important to consider that there is still a large untapped area on the prospective mine adjacent geological trend (100% owned by NAK). see image at page bottom here  
https://www.northerndynastyminerals.com/pebble-project/geology-and-exploration/

Let's Stay healthy and with lady luck become wealthy fellow Nakkers

Peace out

Disclosure:

This is all just straight data from various web sources married with NAK's published Resource Estimates and does not attempt to factor in all the development costs, the % recovery rates, operating costs, partnership involvement, taxes borne by the operation, depreciation blah blah blah or etc. which will no doubt chew up a fair chunk of that Grand Total (which is coincidently more than twice as big as what Biden & gang will be doling out to every eligible individual in the US if the proposed 1.9T stimulus bill passes.) using 150mm for eligibles


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