Niocorp Developments Ltd (NB): TK is not in the mining business, but th...

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Niocorp Developments Ltd (NB)

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Re: monocle post# 31387

Tuesday, 12/12/2017 7:12:56 PM

Tuesday, December 12, 2017 7:12:56 PM

TK is not in the mining business, but they are very much in the steel business especially since teaming up with Tata. They want and need Niobium for their business to continue flourishing. Theoretically, if TK were to finance the project they would be paid back in just over 6 years on the 50% Niobium offtake they currently have and just over 4 years if they obtained a the additional 25% of Niobium (75%) offtake. That would be a great scenario and they definitely have the $$$$ to bankroll the project. It’s nice to wonder what is going on behind the scenes, but none of us will know until the deals are closed. Either way, this gem will be unearthed. GLTA!!!

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