Niocorp Developments Ltd (NB): I agree. potential changes to paramet...

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Re: F2 post# 9361

Monday, 03/30/2015 10:17:56 AM

Monday, March 30, 2015 10:17:56 AM

I agree.

potential changes to parameters regarding estimated mining volumes geared toward maximizing mining efficiency

The mining volumes and metallurgical recovery will drive how much niobium, scandium, and titanium is produced and therefore how much revenue the mine generates. The mining volume will be an important determinant of the OPEX and CAPEX and therefore cost and financing.

The water questions are determining variables in the OPEX and CAPEX.

The more accurate these calculations are, the more accurate the PEA will be and I think the market will like a solid PEA with some hard numbers.

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