Anyone know anything about PPTA stock?

MekaWarriors knows more about Perpetua than I ever will.

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This mine was the primary source (90%) of antimony for the United States' war effort during WWII and Korea. Perpetua began the permitting process to restart the mining operations in 2017. Since it is on federal land, it took significant environmental (NEPA) studies to navigate. The primary driver is the antimony, which is arguably the most important strategic mineral for industry (semi conductors, metal alloying agent, paint additives, flame retardant chemicals, glassware, etc.). Based on US Geological survey data, it is the largest reserve of antimony in North America. There is also gold and silver deposits there as well. The gold deposits are large enough to fund the capex to build the infrastructure and operating costs of the mine and then the antimony will be pure profit. Perpetua does not own the mineral rights for the silver. This mine is of strategic importance for the military due to antimony being a critical component of small arms ammunition and artillery. Without this mine, the US military will be completely dependent on foreign sources (currently China) of antimony. Perpetua should be receiving EXIM funding any day now and with the current geopolitical climate, I imagine we will be accelerating this project and exempting them from a lot of the bureaucratic processes that hold projects like this up.

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You around?
Any updates on PPTA?

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Hey! Perpetua Resources is probably my most bullish position. It does have some risks that could slow the development down, however I believe they will push through them. The most significant liability is the lawsuit filed by the Nez Perce Tribe. Perpetua will navigate this lawsuit but it will slow the development down because they will either disprove the Tribe's claims or issue additional accommodations. This project is just too important to national security.

I believe Perpetua is still awaiting approval of their wastewater discharge permit from the state as well as the EXIM Bank financing . I was expecting EXIM financing to go through late 2025 or early 2026, however that article states Spring 2026.

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Up 20% in overnight.

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If PPTA jumps another 20% tomorrow I am going to be very excited!

Might check-out Anfield Energy too (AEC)