Northern Dynasty Minerals Ltd (NAK)

[SoundGuy]

Yes. The most likely course is The State of Alaska takes this to Federal Court with NAK possibly joining them, as it winds it’s way to SCOTUS.

As permitting denial is effectively a road block to future development in this particular watershed, the stakes are high for the State as well as industry. Alaska made the unprecedented move of joining the appeal, which speaks clearly to their stake in this, and their low likelihood of backing down.

This process however, could be mired in the court system for years and the outcome is unclear. I am long, but realistic about the road ahead.