Niocorp Developments Ltd (NB)

[monocle]

You left out the first of that sentence,

NioCorp and Nordmin cautioned that a variety of factors beyond underground mining operations may impact the overall economics of the Elk Creek Project, and these factors...

This might be as optimistic as their lawyers allow them to be. I interpret that sentence to mean, yes there will be capex savings as a result of the change to the de-watering strategy but without a issuing a revised feasibility study we can't offer a specific number.

I'm still feeling very positive about Nordmin.