Niocorp Developments Ltd (NB)

[Nebraskan]

IMHO, NioCorp IS NOT considering or going to be processing any other REE’s.

Their decision to not considering mining other REE’s “initially” is because of upfront additional investment COST, Market demand for any of those products, and MAINLY their individual REE prices per kilogram. None of the other REE’s available are worth the time, effort and mainly the additional investment to mine them at this point in time. And, they damn sure don’t want to modify their current plans and delay getting operational.

NioCorp needs to get the original proposed (according to the FS), operations up and running, over three years away, FIRST, before even considering any other type of mineral processing. They ARE NOT going to change their current proposed plans of operation for the foreseeable future.

Bottom line, it’s all about the money. If there would be a profit possibility year’s down the road, I’m sure they will consider other available profitable REE’s at that point in time.