Niocorp Developments Ltd (NB)

[stark12]

I would like to know how the proposed sale of the Anglo mine in Brazil affects the valuation of our niobium asset (market comparison).

Presumably at that mine's current OPEX and production one could a valuation for that niobium asset. I realize the sale price is reported as asking $1 billion, but that mine is already built and operational. There is also more definitive information on the extent of their ore body, their production is a known quantity, etc. But without knowing their operating costs, it's hard to look at the billion dollar price tag and make some sort of comparison to the niobium value of Elk Creek.