Monday, December 25, 2017 2:34:11 PM
1) We are 2-4 months from wrapping up financing! Sometime between late January and April. But it's soon !!
2) God willing only 12 months to de-water the site.
3) concurrent with de-watering is infrastructure and facilities above ground.
4) after water about 20-24 months for build the mine.
5) so in about 3.5 -4 years we should begin production.
6) could see partial year production in
2021. Second half of calendar year.
7) 2022 could be our first full calendar year of production.
8) actually I think Niocorp's fiscal year runs different than calendar year?
9) if so we might luck out and have full year production at end of fiscal year 2021 ending in June? 2022?
10) if EBITDA numbers come in near expectations or better there will be plenty of cash to grow the value of Niocorp. Acquisitions and mergers.
Further resource assessment, dividends, etc etc
11) I think the preceding is a best case scenario!!
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