Niocorp Developments Ltd (NB): Hi Landmark, I can see why people ask th...

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Re: Landmark8211111 post# 7782

Tuesday, 03/03/2015 11:06:32 AM

Tuesday, March 03, 2015 11:06:32 AM

Hi Landmark, I can see why people ask this question. Why only 7.500.000 kg?

With drilling completed, we now have the 2nd largest Niobium deposit in the world. Companies are still looking for diversity in supply. Could it be that niobium production targets will be increased?

I think this is tempting, knowing that more Niobium production also means more Scandium (as a by-product?). Supply for scandium is still underdeveloped but demand is in abundance. Why should the production target for niobium be the bottle-neck in our profit model. Do you see what I mean? Anyway, the PEA will probably give all the answers.

Allways nice to read your posts.

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