Assignment:
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?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.