Niocorp Developments Ltd (NB): Nordmin Group, a Canadian engineering co...

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Re: walterc post# 40069

Thursday, 08/09/2018 10:09:39 AM

Thursday, August 09, 2018 10:09:39 AM

Nordmin Group, a Canadian engineering company, will deliver an analysis of the mine’s economics this month. It’s not yet clear whether or by how much the construction estimate will change, but the mine’s new plan eliminates a major pipeline, which would itself cut $100 million out of the final bill, Jim Sims, NioCorp’s vice president of external affairs, told Bloomberg Environment.

Apparently the ground freezing technique only costs ~$30 million.

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