FACTS:-22-years, nothing
->$1 billion spent, nothing
-low-grade resource (copper equivalent) -8+ major miners reject
-no JV or buyout with elevated commodity prices & low share price
-no permits or pending permit applications, 60+ required
-not a mining company, no intention to ever mine Pebble
-no income or financing
-$9-$11+ billion CAPEX, AK funding nothing
-*no Feasibility Study identifying economic ore RESERVES
-no value
-USACE permit and appeal denied
-EPA vetos mine plan, now regulation -Alaska senators reject
-majority of Alaskans reject
-US Congress labels as “sham”
-SCOTUS rejects case
-*Obama appt District Judge Gleason will uphold EPA veto
-requires AK legislature vote
-government will not compensate or fund
-*four administrations reject
-federal law cannot be circumvented
-shareholder class-action suit pay-out