Feasibility Study And Financing ProgressAnalyst expects that advancing a bankable feasibility study and making progress toward project financing will reduce development risk and could prompt a material valuation rerating relative to developer peers.
Jurisdiction And Permitting RiskAnalyst notes that the project's location in a stable, tier-one jurisdiction lowers geopolitical and permitting risk, which should make the asset more attractive to investors and financiers.
Project Scale And ResourcesAnalyst highlights Donlin Gold as one of the world’s largest undeveloped gold assets, with substantial resource potential that could underpin long-term value for Novagold.