hanvova.blogg.se - Ndm stock

Northern Dynasty is waiting for a green light from the Environmental Protection Agency to drill for all of those minerals.

The issue here is that the Pebble Project happens to be located near Bristol Bay in Alaska, in an environmentally sensitive area. It’s estimated that the Pebble Project has a whopping 57 billion pounds of copper, 71 million ounces of gold, 300+ million ounces of silver and 3.4 billion pounds of molybdenum.

The numbers seem to support this grand claim.

Northern Dynasty asserts that the Pebble Project is one of the largest copper-gold mines in American history.

Located in Southwest Alaska, the mine is a gold, copper, porphyry and molybdenum mineral deposit.

One Project, Many Mineralsīorrowing a few fast facts from InvestorPlace contributor Muslim Farooque, we can get a quick snapshot of Northern Dynasty’s main asset, the Pebble Project: It would be an amazing day for the shareholders, to say the least. I’ll put it to you this way: NAK stock has nearly gone to $2.50 while Northern Dynasty’s primary project wasn’t operational.Ĭonsider how high the stock could go if that project is permitted to operate. The market has witnessed the stock go lower than that, but it has also gone much higher. Yet, there was another rally in February 2021 as the stock hurtled up to $1.Īs of May 11, the shares were trading at 55 cents.

Generally, though, I don’t recommend chasing after steep rallies - and in this instance, the chasers got punished.īy the end of 2020, NAK stock was down to 32 cents - very close to the bottom of its range. It reached its peak during the summer of 2020.

Currently, that range is between 31 cents and $2.49. The prices (as regulated by the Dairy Export Incentive Program, or DEIP) and stocks are affected by both industry production trends and international price trends, which, in turn, are affected by the euro-dollar exchange rate.I alluded to NAK stock’s 52-week range earlier, so I’ll be more specific now. The fluctuating production of SMP adapts to both the logic of the commodity's various uses as well as market demands, including international. It is also able to produce all year round, even in winter. The reasons why the US is such a dominant supplier of SMP are that it has a considerable number of pastures at its disposal, it has made substantial investments in research and development, it adopts strict health regulations and quality standards and boasts efficient manufacturing systems (many US plants are able to adapt production around market needs). Massive quantities of SMP are provided by Dairy America, an Association of Cooperatives that counts among its members Agri-Mark Inc., California Dairies Inc., Land O'Lakes Inc., Maryland & Virginia Milk Producers Association, O-AT-KA Milk Producers Inc., United Dairymen of Arizona, Dairy Farmers of America and Lone Star Milk Producers. Most of the plants are located in strategic locations, close to large urban conurbations in the northern part of the East Coast, in California and in the south central area of the US (Kansas, Oklahoma, Texas, New Mexico, Arizona, Colorado). Produced in 80 production plants, the United States is one of the world's largest manufacturers of Skimmed Milk Powder. The difference is that skimmed milk powder has a minimum milk protein content of 34%, whereas nonfat dry milk has no standardized protein level. Both contain 5% or less moisture (by weight) and 1.5% or less milkfat (by weight). Both are obtained by removing water from pasteurized skim milk. Food and Drug Administration, while SMP is defined by CODEX Alimentarius. * Nonfat dry milk (NDM) and skimmed milk powder (SMP) are very similar but are defined by two different sets of regulations and authorities. two graphs showing the annual and the cumulative monthly SMP production trend in the EU-28, New Zealand and the U.S.and wholesale market price trends over a given time period a chart comparing data for the monthly production of Skimmed Milk Powder (Nonfat Dry Milk and SMP *) in the U.S.two graphs and two tables giving us an overview of monthly production of Nonfat Dry Milk and SMP, expressed in pounds, over a given period.