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Re: Ak74 post# 38643

Tuesday, 07/10/2018 10:10:01 AM

Tuesday, July 10, 2018 10:10:01 AM

Post# of 113011
Yes! without the elimination of the water pipeline the USACE permits would have added more time, and we would have retained the 127,000,000 dollar bill!

This is indeed very good!
And I liked where MS emphasized that "these improvements are in no way slowing our project finance discussions and negotiations with he multiple entities with whom we are currently working."

Quote:
"I am very pleased with the speed and positive direction in which Nordmin is proceeding as they work to complete the detailed engineering of the underground portion of the Elk Creek critical minerals mine," said Mark A. Smith, CEO and Executive Chairman of NioCorp. "The design improvements being developed by Nordmin promise to further reduce the environmental footprint of this project. They also continue to de-risk a Project that is already one of the most highly de-risked greenfield mining projects I have seen in my 37 years in this business."

Mr. Smith added: "These improvements are in no way slowing our project finance discussions and negotiations with the multiple entities with whom we are currently working. But they are helping to reinforce the global uniqueness of this project and increase its already attractive prospective economics to potential investors."

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