Niocorp Developments Ltd (NB)

[tedro84]

There’s at least a dozen permits they still need before they can produce anything. The DHHS permit for the uranium waste is probably the most significant and should not be taken lightly. There’s also local building permits they don’t have that technically don’t make this shovel ready like MS said. They anticipated these would come with the zoning permit but per the PR that does not appear to be the case. I don’t imagine there’s any risk to securing the local permits but it does call into question the shovel ready comments.