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Bullboard - Stock Discussion Forum 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... see more

TSX:NDM - Post Discussion

Northern Dynasty Minerals Ltd > After 22 years and $1 billion spent Pebble remains unconomic
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Post by RealityCheck123 on Aug 07, 2024 1:30pm

After 22 years and $1 billion spent Pebble remains unconomic

  1. A PEA is typically the first stage of economic analysis, and the accuracy level is the lowest. NI 43-101 defines a PEA as “a study, other than a pre-feasibility study or feasibility study, which includes an economic analysis of the potential viability of mineral resources”. As a result of this intentionally broad definition, disclosures that indicate economic analysis that are not derived from a PFS or a FS may actually be considered by regulators to be a PEA, with the consequential reporting and disclosure obligations that follow (see below for further details and examples). A PEA is sometimes referred to as a “scoping study”.
Comment by 5Patrick5 on Aug 08, 2024 2:18pm
If it was "uneconomic" big companies would never have poured a billion into it. They just got tired of burning up money for years and allocated resources to more immediate profitable endeavors. Trust and believe that when these cases are decided that big money will be waiting to pounce. Your jargon filled screeds presume that huge mining companies don't already know what the actual ...more  
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