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Wednesday, October 10, 2018 6:28:00 PM
It’s also possible that the agreement is for a percentage of Traxys sell price and not a flat rate, or at least a combination of the two so that Niocorp gets a cut. I’m sure Traxys sells metal to aerospace with a higher premium than the sporting good sector.
Somebody with more time that me this week should try to figure out who Traxys’ aerospace customers are. Under the agreement Traxys is now Niocorp’s only acccess to the market. This is a concession that Traxys likely requested to gain a competitive advantage themselves and I’m curious of any downside. I googled Boeing and Spirit real quick and did not find a connection, but that’s not a surprise in 30 seconds of research. Airbus is already working with foreign suppliers so they were not a likely customer anyways.
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