Niocorp Developments Ltd (NB)

[superalloys]

Good morning, all. This is Jim Sims of NioCorp. I'm just coming up for air after all of the events and meetings and briefings of this past week in Nebraska.

While the physical Town Hall Meeting in Tecumseh was a success, and attracted an over-capacity crowd of folks who clearly want this project to proceed, the telephone connect portion of that event was a total bust. I want to offer my apology to all on the Board who tried to connect to that audio feed and failed. I've successfully managed many Tele-Town Halls over the years, but we had a catastrophic failure on this one: equipment failures, sound system failures, cell phone service failures -- Murphy's Law was in full force on Wednesday night.

But the only relevant failure in this event was mine and mine alone. We clearly aimed for a bridge too far in trying to expand access beyond the facility's four walls.

The sound system failure will prevent me from being able to post a workable video of the event for everyone to watch. However, I have collected a number of video testimonials from local residents that I'll post as soon as possible via our website. That will give you a better sense of how folks in the southeastern Nebraska area feel about this project.

Let me extend my thanks to all IHub'ers who attended the Town Hall. It was great to put some faces and names to online handles. Some of the best questions posed at the Town Hall clearly came from Nebraska residents who follow us via IHub. I also very much appreciate the post-event reports to this Board that were posted from those who attended. That helped others on the Board garner a flavor of the event.

Some of you may have seen the earlier post of the news story that appeared in the Lincoln Journal-Star about the Town Hall (here). The original headline on this story written by an Journal-Star editor in Lincoln -- not by the reporter who attended the event -- conveyed a negative flavor to the event ("NioCorp Officials Try To Allay Fears From Proposed Elk Creek Project"). That headline was out of sync with the high level of support that clearly exists for this project in the surrounding communities. The paper agreed yesterday to change that online headline to a more appropriate and neutral one ("NioCorp officials discuss proposed Elk Creek mine"). This was a gracious and fair thing for the Lincoln Journal-Star to do, and I wanted to note this with my thanks to the good folks at the paper.

May I suggest that anyone who attended the Town Hall take a minute and post your thoughts about the event and/or the project in the comments section of the Journal-Star news story? You can see the comment section at the end of the story here: http://bit.ly/1RreeaI. Thanks in advance for helping us spread the word.

I have been associated with many resource development projects in a wide variety of states over the past 25+ years, including hard rock mining, coal mining, oil and gas, high-voltage transmission lines, geothermal, wind, solar, water treatment, pipelines, and others. I have never seen broader and deeper local public and political support for a prospective project that for the Elk Creek Superalloy Materials Project. That support significantly de-risks this project on multiple levels.

As always, if anyone has any questions, please direct those to me personally at the following.

Thanks, all.

Jim Sims
VP of External Affairs
NioCorp Developments Ltd.
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