Niocorp Developments Ltd (NB)

[Middleborder]

P.M. Yes I have followed UURAF. I took a hit and sold a small position, but I will monitor for a while to see how their reverse split works out.

I wonder how much better UCORE would have been if they had not had all the legal issues with IBC Advanced Technolgies. (NOT IBC Advanced Alloy iaalf.)

https://www.newsfilecorp.com/release/61237/Utah-Court-Denies-IBCs-Attempt-to-Void-the-Option-to-Purchase-Agreement-with-Ucore

"Although our court schedules in both Utah and Nova Scotia have been impacted by the COVID-19 pandemic, Ucore is very pleased with the outcomes to date within the courts," stated Pat Ryan, P.Eng., Ucore Chairman & Interim-CEO. "We understand that further delays may occur given these uncertain times. However, with every court appearance, we take one more step to resolving this dispute with IBC and to ultimately capturing the value of our significant investment in their technology for rare earth elements - once legally liberated. A technology that we believe ideally complements our current pathway of developing a near-term U.S. commercial rare earth separation facility."

May they win their lawsuit, but these things grind along at glacial speed.

Niocorp has developed their own separation process geared toward their target minerals. Its still interesting to see how others approach the problem. (Given the litigious nature of IBC Ad.tech. they appear to be a good company to avoid good separation tech or not.)