Alaska is not going to fund $1.5 billion for development.Estimates can be as high as $9-12 billion in capex. The repetitive PEA/TRs' exclude infrastructure cost, environmental operating cost, water treatment in perpetuity, bulk tailings facility liner, and on-going closure maintenance.
The current "small" mining plan submitted to the USACE is uneconomic. The entire resource (east and west) may require mining to demonstrate reserve-level economics.
Where is the Feasibility Study?