- The EPA's plan to reinstate Clean Water Act protections for Bristol Bay further reduces the odds that Pebble can become an operating mine.
- Even if Pebble somehow got government approval from a future administration, finding $6 billion in capex funding may be challenging given the likely protests and additional court cases.
- The 2021 PEA shows an NPV7 of $4.8 billion at prevailing metal prices.
- The very low odds of Pebble becoming an operating mine still greatly limits Northern Dynasty's value though.
For further details see:
Northern Dynasty: EPA Strikes Another Blow To Pebble