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Thursday, May 30, 2019 7:25:29 PM
From the new feasibility study
There could be an opportunity to replace the mining contractor after approximately three years of steady-state production. After this period of time, the full requirements to obtain sustainable production levels would be understood, and the owner could replace the contractor with their own workforce. The resulting operating cost should decrease; this would be partially offset with the purchase and sustainable capital for mobile equipment.
NioCorp is also working with other potential customers at the time of writing and discussions with these potential customers are proceeding under the provisions of Non-Disclosure Agreements (NDAs).
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