Niocorp Developments Ltd (NB)

[douginil]

Thanks Walterc, Nice to hear from you after seeing your resume. A little bit sorry about the "bean counter" comment. But I have seen a number of good projects which had "kinda good" financials but lots of unquantifiable but very favorable factors be killed because the NPV or IRR was just a little bit short of some arbitrary cutoff, or the risk factor was a litle bit above higher than they were comfortable with.

I agree with all of the comments about additional drilling / ore body expansion, it will happen (from down hole locations not at ground surface) but not until there is some cash flow from operations.



Merry Christmas and Happy New Year to all.