Niocorp Developments Ltd (NB)

[JOVIAC]

There is ZERO chance the US government will nationalize this project. They've even privatized space travel! What they will do, however, is dish out lucrative government contracts. Signing a Scandium off take agreement would accomplish a couple of important things:

1. Ensures the DoD gets all the scandium they might want.

2. Sets the bar for Niocorp scandium price. (Whatever price they lock into is miles cheaper than it would be for the gov to nationalize and mine themselves!!!)

3. Unlocks the final major hurdle before financing can occur (scandium off take) and allow the capital market system to prevail.

Unfortunately for all impatient longs here is this giant step won't happen before the Senate committee gets their report from the DoD in December. I also doubt MS will sign any ScO2 off takes until this information comes in as like I predicted earlier this will help set the price bar. Institutional investors will most likely wait for this as well, as will the German loan agreement.

I would guess the DoD has been in the MS game plan for quite awhile now. There is just too many connections. In any case I'm not going anywhere before this plays out. I'm also not going to declare immanent implosion if the stock price slides even further during this vulnerable period.

Panic if you like but IMHO the pieces are going to come together.