Niocorp Developments Ltd (NB)

[tedro84]

Is anybody else alarmed by the Ricketts letter? The intent of the executive order was written into the title. It's to expedite the federal permitting process. This letter was written for one of two reasons. Either it's a cheap publicity stunt, or the Corp of Engineers is stalling/rejecting the 408 permit application and Niocorp has reached out to the Governor for help. We've been given no update on the 408 permit since the 404 was approved, so this letter has me worried with that still outstanding.

Additionally, I have doubts that Ricketts even wrote the letter. The letter addresses Major General E. Jackson in the heading, yet directly addresses the President in the body and conclusion. My suspicion is someone in Niocorp wrote the letter, while an administrator with the state addressed the proper individual with the USACE. Somewhere along the lines a basic proofing was overlooked, but this certainly was not a letter from the Governor straight to the President.