Niocorp Developments Ltd (NB)

[Contrarian58]

Christopher Ecclestone on Scandium:

Not sure that this has been posted already: a brief interview on Proactive Investors on scandium. What I find particularly interesting is the suspiciously dismissive assessment of the Elk Creek Project, including no mention of the fact that it's primarily a niobium project. As I remember, Ecclestone is an investor in Scandium International, whose project is pretty much stuck in neutral, despite a much lower capital cost than Elk Creek. Their problems include land issues, lack of offtakes, a deteriorating stock price, well-funded nearby competition, etc. The fact that he dismisses Niocorp with a wave of the hand, given that it has met many milestones Scandium International has not, makes me suspicious that he--and likely other potential Australian producers--are plenty worried about southeast Nebraska becoming the go-to source for scandium.

https://www.proactiveinvestors.co.uk/companies/news/913069/world-s-first-primary-scandium-mine-to--unlock-the-metal-s-massive-potential--913069.html

In the interests of full-disclosure, I have a modest position in Scandium International--much more modest now given the 80% decline in the stock price since 2017--and a smaller one in Clean Teq. (What can I say? I like scandium.)