Niocorp Developments Ltd (NB): It should be added that Mountain Pass wa...

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Re: A deleted message

Tuesday, 03/19/2019 10:19:47 PM

Tuesday, March 19, 2019 10:19:47 PM

It should be added that Mountain Pass was back in production in February of 2012. From what I have read a low estimate of the cost to reopen was $500MM while the high side was $800MM, which aligns with the cash obtained through equity until that point. The debt appears to have been primarily for the intent of vertical integration via Neo.

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