Niocorp Developments Ltd (NB)

[seawolf21]

metallurgy work will be key for Niocorp, to date they have yet to announce what that looks like i.e. recoveries, having a high grade is one thing but being able to "liberate" (recover) the Niobium particularly when other metals are present in the ore is another big piece of the puzzle that has yet to be divulged and as others have talked about the flow sheet needs to be performed.

Then after that it is CAPEX and OPEX of underground mining operations,all of which hasnt been presented to date.

This is all part of the derisking process of project development, and at this stage premature to judge what the above will look like without any notices by the company discussing these topics. I know I dont just rely on initial drill results, once these other above pieces come together fundamental analysis of NPV can follow.