Niocorp Developments Ltd (NB)

[tedro84]

No worries Pete. You use your liberal arts degree to combat the fallacious arguments and I’ll use my math degree to confirm the numbers you have provided. I’ll also add that the Nordmin study already used revised Nb pricing. Finally I’ll suggest you read the final paragraph on the page before the tables you referenced:

For scandium, the project’s break-even pricing is US$ 1,028/kg (pre-tax) and US$ 1,130 (after-tax).

Seems they have a little discrepancy in their report. FYI, if you use the SRK estimates then they would have required over $1500/kg Sc to break even.