Niocorp Developments Ltd (NB)

[Sean51101]

Dick from KS City and I were the only shareholders present. Great opportunity to talk at more length with Mark and Jim Sims. The things that give me increased confidence through the presentation and off-line conversations are seemingly low likelihood of advance permitting requirements, lack of material environmental opposition from the populace, positive outlook for eventual capital financing and the fact that certain industries already have the technological/processing/capital infrastructure to absorb whatever scandium supply is brought to market.