Saturday, July 01, 2023 5:52:39 PM
"Northern Dynasty's cash balance declined by US$3.5 million in Q1 2023 from US$10.5 million to US$7.0 million. At that rate of cash burn, Northern Dynasty would have enough cash to last two quarters, until the end of Q3 2023."
"The estimated value of USD$0.10 per share just reflects a small amount of option value on Pebble, with the most likely value being $0."
https://seekingalpha.com/article/4605567-northern-dynasty-minerals-stock-permit-reconsideration-unlikely-have-positive-result
And one of the comments which I am aligned with, right or wrong, time will tell.
"The opposition will be pushed away when copper shortage gets so much worse because of booming renewable and EV growth. The Pebble will be identified as strategic which will mean that no opposition can stop it. I dont know when. Maybe years away!"
On that note, I heard an interesting thought the other day. The EPA at the behest of government could be implementing some sort of long term strategy to hold back domestic reserves until the rest of the world depletes theirs, so USA is in a better position in the decades to come. Woe to our NAK positions though.
Recent NAK News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/16/2024 11:46:24 AM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/29/2023 08:52:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/15/2023 03:49:59 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 10:05:59 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/05/2023 10:01:05 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
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Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM