Niocorp Developments Ltd (NB): Walter - that last two sentences are the...

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Niocorp Developments Ltd (NB)

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Friday, 10/27/2017 9:04:39 AM

Friday, October 27, 2017 9:04:39 AM

Walter - that last two sentences are the most important ones said on this board in a long time. The mix of production and cost allocation of that production were chosen for this BFS. Trying to compare the NPV of the project by stripping out the NPV of one of the elements without taking into consideration the above is not a correct way to value anything. It may make for a good talking point, but it is very inaccurate.

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