Niocorp Developments Ltd (NB): Understand they started production in 19...

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Niocorp Developments Ltd (NB)

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Re: douginil post# 34370

Saturday, 03/03/2018 10:43:02 AM

Saturday, March 03, 2018 10:43:02 AM

Understand they started production in 1976. That is 42 years ago. Their shaft goes beyond 800 meters deep! I came away with impression that their mine life was limited to another 5 years and required major investments to go even deeper! So they would have to decide to invest in an risky and complex old mine or in a new one!

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