Niocorp Developments Ltd (NB)

[Landmark8211111]

I remember this post...Mark is well connected in Brazil!


freedom5 Thursday, 01/25/18 05:15:11 PM
Re: None 0

Post # of 65342

Regarding CBMM and the Moreira Salles family ( majority owners ).
Mark Smith used to be on the board of CBMM which has been stated before.
Mark knows the Moreira Salles family
Very well. Mark has stated publicly that CBMM actually WANTS more providers of Niobium in the market.
Reasons are they don't want a monopoly because of the issues that causes with many countries. Also having more suppliers of Niobium to the world market REDUCES supply chain risk and creates more market stability for CBMM also. Every company that uses Niobium would like multiple suppliers of all their material needs. I once lost a large sum of money because a company poised for a huge breakout had
Supply chain issues!! They horribly mismanaged their supply chain risk !!

And the same will apply to Scandium as well!! Which is why multiple suppliers will actually strengthen the market of Scandium. So Niocorp welcomes all players to the scandium field!! It's a win win win!
Companies will have to spend millions to retool for a new process. They need to have supply chain redundancies to lower risk and be assured of getting their material.