Niocorp Developments Ltd (NB): I think you mean bottom line numbers. An...

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Niocorp Developments Ltd (NB)

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Re: Landmark8211111 post# 35244

Friday, 04/06/2018 6:03:41 PM

Friday, April 06, 2018 6:03:41 PM

I think you mean bottom line numbers. Any increase in the product pricing is pure cash and goes straight to the bottom line. It affects top and bottom line but bottom is what NPV is based on. Nb pricing has been going up over the last year fairly steadily, and while it has been very stable for some time now, and you may wish to commend management for taking a conservative route on the pricing, there is no guarantee that the price will remain for the life of the Elk Creek mine, especially when you start to consider the Chinese ownership stake in CBMM.

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