Niocorp Developments Ltd (NB)

[rubberworm]

"Yeah its an industrial mineral product rather than a ‘commodity’ with a published spot market price. I cant see it in the release – what price do they assume? In order to quantify the value of a project/company/venture one has to make some form of assumption? We have always assumed US$1500/Kg because we understand (based on extensive engagement with actual and potential consumers of Sc03) that this was the price at which expansion of demand becomes likely."