Niocorp Developments Ltd (NB)

[Wexworth]

I will say to you what I said to Jim over a year ago.

Start smaller and scale out in modular expansion mode. Options on first right of refusal on subsequent build outs for the first financier to the gate.

By the time the first phase is in production, the stock price will be 5-8 bucks.

Does it not make more sense to raise equity at that price? Also, a flood of scandium is not needed at the outset if Niocorp wants to be the CBMM of scandium.

Now get er done Marky Mark.