Niocorp Developments Ltd (NB): FWIW, I read the PR CAPEX/OPEX decreased...

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Thursday, 01/19/2017 9:39:23 AM

Thursday, January 19, 2017 9:39:23 AM

FWIW, I read the PR CAPEX/OPEX decreased in some areas and increases in others as a net decrease ... but that they had to include clauses that some areas may increase as a result of these changes. Otherwise they could be criticized for not stating that costs in some areas may increase.

A while back there was a PR which stated there would be significant decrease in CAPEX/OPEX. I think this is stating those areas, but just not including the numbers.

Just making up numbers, if they release a FS with a $200M decrease in CAPEX/OPEX in areas A, B, C, & D, but a $50M increase in area E, they would be hit with "you didn't tell us that E would increase by $50M!"

I think this is good news & hopefully the share price stops the bleeding & we finally start moving up again.

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