Niocorp Developments Ltd (NB): Aerospace is the top current target for...

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Niocorp Developments Ltd (NB)

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Re: MaxzMillionz post# 44337

Wednesday, 12/05/2018 6:23:02 PM

Wednesday, December 05, 2018 6:23:02 PM

Aerospace is the top current target for the growth of the scandium market.

After thinking about it more, I think the agreed to price in the current offtake must be low. That’s why Traxys wanted more but Niocorp doesn’t want to commit any more than necessary at a low (in the company’s opinion) price. Let Traxys grow the market and then sign a second, larger offtake with them at a higher price. This must be the strategy.

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