Niocorp Developments Ltd (NB): In the big scheme of things the PEA bein...

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Re: User-462888 post# 9005

Thursday, 03/19/2015 12:03:33 PM

Thursday, March 19, 2015 12:03:33 PM

In the big scheme of things the PEA being released this week or next week doesn't change anything for the long term prospects of the potential mine. I for one would rather have them be cautious and make sure everything is done properly than for them to have to make revisions to the PEA afterwards. The optics of delaying the PEA are insignificant compared to having to revise projections downwards afterwards. I'm sure they'll be conservative in the PEA to avoid this scenario.

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