Niocorp Developments Ltd (NB): Interesting article. A couple of notable...

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Niocorp Developments Ltd (NB)

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Landmark8211111

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Landmark8211111

Re: bigal9999 post# 67633

Sunday, 12/13/2020 3:08:22 AM

Sunday, December 13, 2020 3:08:22 AM

Interesting article. A couple of notables; Imperial mining Corp. trades a 8 cents per share currently...and the author of the article obviously made a huge typo: (250,000 tonnes per year?) lol. NioCorp with be producing approx. 100 tonnes per annum and that will rank as the biggest Sc. producer globally when they come online...

Quote:
“The deposit has been modelled to extend to at least a kilometre from surface and has the potential to produce around 250,000 tonnes per year of high-purity, low-cost scandium oxide ore for a mine life of well over 20 years. It also has attractive preliminary financial returns on using a US$1,250 per kilogram scandium oxide price,” says Cashin.

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