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Monday, February 22, 2021 3:31:16 PM
Once they complete the purchases I am pretty sure they will rent the land to local Farmers for the income and Scott will hopefully stick to mining and chemical process engineering! If they are not going to be using the land for anything else they should at least use it to generate revenue.
IF this is the case would it not be ironic if the initial revenues for NioCorp were from farming land rental?? :)
(Note that Land sales will generally contain a clause or covenant that allows harvest of existing or planted crops. Given that its February this is unlikely unless someone decided to plant winter wheat this year.)
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