Niocorp Developments Ltd (NB)

[bigal9999]

And the electrical transformers to step down the voltage to the pumps are not off the shelf items. They don't start building them until they have an order. Then there is engineering/design time and creating approval drawings which have to be approved by the customer before they start building the transformers. Depending on backlog at the manufacturer, the electrical transformer delivery to the site can be 6-9 months after the order is placed. Of course other activities will happen concurrently, but my point is that I expect just getting the infrastructure in place to start dewatering will take months. I also am an engineer and am not new to construction sites.

Big Al