Sunday, April 23, 2017 8:55:46 AM
The price of $4200 per kg for triple 9 product effectively puts us in high octane territory for NioCorp's Feasability figures - not because of $4200 alone to effectively support NBs analysis, but because its an independent street based quotation that may have John K himself scratching his head on. Or maybe not. Perhaps he is in already anticipating this - smart guy.
I would say that any number of our one trick competitors "locked in" at more favourable "old year" pricing should be going back to the trough and try to negotiate terms with their off takes - that is if they have flex in their documentation to do so. That is a question I would be asking first thing in the morning to their IR department, no?
Thanks for finding, sharing and posting TO.
Lets see what it does to stock price on Monday - I am now very intrigued. Maybe I am getting way too ahead of myself - hope not.
Others have anything to comment on?
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