Niocorp Developments Ltd (NB)

[tedro84]

I didn’t understand what you were asking then and I’m not sure I understand now either. Drilling is more expensive the deeper you go. The train tunnel example was shallow in comparison to the elk creek ore body. Are you suggesting that depth isn’t a major factor in the cost of drilling?

I also don’t understand why you mention the water is not free flowing. No one has suggested otherwise. Your costs in ground freezing are from the drilling (deeper means more money), lining the bore holes, and finally the refrigeration equipment.

I don’t know what it will cost and I haven’t claimed to know. We should find this out in a relatively short amount of time. I am confident it will be considerably more than the train tunnel example, which is all I said during that exchange at the time due to the inherent differences between the two applications.