Friday, November 15, 2019 6:04:39 PM
The Project will obviously benefit from becoming a stable, domestic US producer of Nb and Sc2O3 where currently all supplies must be imported from abroad. Nb sales (32% of gross revenue generated) as modelled would cover the cost of production for all three commodities but Sc2O3 sales will be required to generate positive cash flow to cover any Project loan principal repayments/interest expense and meet investment criteria for stakeholders.
Recent NB News
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