Niocorp Developments Ltd (NB)

[freedom5]

Very important to understand for all new and old investors! Please correct me if I'm wrong!! Based on several discussions with management the resource is " 100% open at Depth" which means we have no idea how big the ore body is !!!
Also the "resource field" is open horizontally in 3 directions!!! This is huge because: Scott Honan told me personally " I can't wait to do further drilling! But the FS is a snapshot in time! Once I'm able I will do further resource assessment!!"
The critical factor is it's much cheaper to go wide than deep in terms of operational expenses!! In other words there is the possibility that we could get a lot more material with less cost !!! And the market and money people will love it !!
We must all remember the Feasibility Study is a "snapshot in time" because management could keep changing variables all the time. Bankers and money people want risk removed and the highest level of certainty possible.
Our current Feasibility Study is plenty good !!!! And there's is like a 99.99 % chance it could get much better !!
We don't need it to be better, but it could only help !!
2 minutes of clarity and back to bed !!!!