Niocorp Developments Ltd (NB)

[arroneous]

Disappointment? If the numbers are in line with the PEA2 I will be perfectly happy. That means the contingency costs will be stripped out. The recovery % are improved and the project easily supports financing. MS and the team have done a good job of tempering expectations in my mind. Remember the end goal of this whole project for Niocorp is to bring a mine into production. It isn't to placate the short term interests of the retail investor. If they bring a FS to the table that is bankable and are able to secure financing, it is an absolute win. I think too many people are concerned about the level of SP currently and the timing of the FS. There are many ways to structure the total financial package and the one person who is making those decision has the most at stake. Perfect in my book.