Niocorp Developments Ltd (NB)

[Dead On Arrival]

I am perplexed that as we get closer to the FS that the share price is trending lower. Usually you will see buying on the speculation and selling on the actual news.

As far as when the FS will be complete, that is a question that has no answer because of the DD that Mark and his team are working on to get the CAPEX numbers lower. I do not give a damn if it comes out late 2016 or early 2017 as long as it works out to our satisfaction. The goalposts changed with the date already so another month or two is not a big deal. Beyond the 1st quarter of 2017 would be troublesome though. Mark is a fantastic CEO and Jim is a great IR person for the company. We are in great hands except for the share price. Hopefully that takes care of itself.