Niocorp Developments Ltd (NB): Question here So I am inputting Ma...

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Niocorp Developments Ltd (NB)

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Saturday, 08/12/2017 10:18:28 AM

Saturday, August 12, 2017 10:18:28 AM

Question here

So I am inputting Mark Smith's info into spread sheet and coming up with question re: Ferroniobium tonnage, price and revenue.

FS states 7,055 tons @ $ 39.60 with annual gross I get as $ 275.1 million. FS estimates $183.4 mil.anuually What exactly does "65% contained NIO" mean and how is that different from Production Costs of $12.14 per kilo? Do both apply?

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