Niocorp Developments Ltd (NB)

[tedro84]

A lot of questions there, but I’ll try to answer them in order for you.

I read. I respond. Preferably in facts sometimes in reasonable conjecture. In this case, it is purely based on the data at hand.

I don’t dispute that Nb prices went up, but I dispute that they have stayed up. There was one reference point that showed them to be higher a few months back. All other outlooks indicate pricing aligned with the long term forecasting in the FS. With CBMM’s extra supply coming online soon, the price is expected to be relatively stable even with added demand.

I wouldn’t suggest adjusting anything. When you type numbers into a calculator it is just as easy to use 284 as it is 300.

My projections are based off the FS numbers and Mark Smith’s comments. You can call that a guess if you’d like. Smith, SRK, Nordmin, et al may disagree. Unless you want to say Matheson’s scandium projections are also a guess?

Yes, really. Income projections (or guesses?) for the last 10 years of production are $201MM. The NPV of $201MM 33 years from now is $17MM. $17MM divided by 330 million shares is a nickel a share. In other words, it’s not significant.

My past posts and the others directed towards me will be the extent of my comments towards your final paragraph.