Niocorp Developments Ltd (NB)

[Elkconquistador]

AO, I was looking at my notes from the town hall meeting and that message is consistent with what was said in March. When asked the funding question, it was answered in the following way; approximately 5 million is required to finish the feasibility study, and another 5 million would be needed for expenses of including salary, and day to day operations. This 10 million was what was discussed after the first round of financing from Lind. So it seems as though the management continues to be in their target goals.