Nord Resources Ramu River property in Papua New Guinea contains
Nord Resources' Ramu River property in Papua New Guinea contains one of the world's largest deposits of cobalt and chrome outside of the Soviet Union and South Africa. The cost of developing a mine on this property is estimated to be around $150 million.
a. Describe three major risks in undertaking this project.
b. How can Nord structure its financing to reduce these risks?
c. How can Nord use financing to add value to this project?

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help