Niocorp Developments Ltd (NB)

[LCP77]

That resolved it? A landmark comment? Really? JK is long SCY and has been for some time. During that time he has become extremely informed about Sc. Ignore him at your peril. Their grade is 7 times higher. He has no issue with other supply as he sees the market could be very large. He does strongly believe SC pricing has to be right to achieve uptake or alternative alloys will be used. I believe that both CleanTeq and Scandium Intl recognize that and used $1500 and $2000 scandium trioxide to achieve their robust economics. John Kaiser and Robert Friedland are no fools.

To be able to raise a billion you will have to convince bankers what the right price for the commodity for a virtually no volume market is. Bankers hire expert consultants. They want cushion. They want to be paid back.

I believe the German loan guarantee is highly dependent on a great DFS and a robust case for the commodity prices. At this point it is worth zero cause we are just not there. Just in the process cue. I did listen to the CC closely. Perhaps you should again.

Just like offtakes with no hard pricing are worth zero.

I own no shares in SCY.