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Re: Tar sands post# 146455

Thursday, 03/05/2015 11:51:07 AM

Thursday, March 05, 2015 11:51:07 AM

Post# of 165875
Did you tell that to niocorp? Their company presentation is wrong if that's true. It says current producers will not be able to meet the demand and new sources will be required.

Also, I don't believe our capex will be that high. Should be closer to 200-300 million. I'm comparing that to another open pit niobium project.

The IRR is what will matter to investors. We should be in a position to be a low cost, if not lowest cost producer based on the $13/kg figure in the NI report from Chance.

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