Niocorp Developments Ltd (NB)

[nycinvestor1989]

What scandium market price makes this mine worth financing..?

I have seen prices ranging from $500 to $4,500 here, with many legitimate references from obviously Niocorp themselves but also general sources and competitor mines projections. Assuming the feasibility study pricing for niobium is accurate and we are not factoring in the possibility of vertical integration, the only variable here is scandium oxide price, at what average price would the Elk Creek mine become economically feasible?

I ask this, as an opinion question, because I think there is a fair chance that the Niocorp quoted pricing ($3,500kg for scandium oxide) may be high. Even if you believe its not high and that Niocorp is correct in their assumptions, I am sure the mine is still feasible at $3,100.. maybe $2,700...etc. What's the lowest price that makes this mine worth it to build?

Thanks for your thoughts, and appreciate everyone's research here