Northern Dynasty Minerals Ltd (NAK)

[wwalker3]

Sept 4th Update: The Next Steps–Northern Dynasty will submit the required compensatory mitigation plan in 4-6 weeks, well within the 90-day window.

“In Kind” Compensatory Mitigation–Our initial reaction was that the cost of mitigation would likely be extremely punitive. We were incorrect in this view as the request for “in kind” mitigation does not involve direct payments for wetlands disturbance.

Timeline Update Despite all the wild “noise” over the last two weeks, the permitting process is continuing at Pebble with the USACOE. However, with the request for compensatory mitigation, the timeline for completion of a Record of Decision (ROD) will likely be extended beyond the U.S. Presidential election in November (Cantor view).

http://cantorcanada.com/sites/default/files/20200904NDM.pdf