Niocorp Developments Ltd (NB)

[chico237]

Norcal- Team Niocorp to me is following the Nov. 5th 2020 AGM plan.
(refer to following post)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164355734

The main question I have right now for myself to ponder...& realizing Niocorp now "owns" the land & is erecting a fence (per Antler).
We know Per the F.S. -The total duration of the project is 46 months from Authorization to Proceed to the end of the ramp-up period & a binding contract with a termination clause would signal a "construction start" per the Air Permit. A) Are we close to seeing something that will be released from team Niocorp officially kicking off the clock?



Reviewing the Critical path items team Niocorp appears to be rounding down the list.
• The critical path activities include the following:
o Completion of the air permit. -COMPLETED

o Completion of drilling, sampling and final hydrogeological investigation. (See Geotech portion in F.S.) This needs to be completed as BM has stated. We may be seeing the beginnings of "mobilization" on the land now owned. Still to be determined but must happen next to coincide with engineering portion.

o Engineering and procurement for shaft sinking and mining components.
(Waiting for CEMENTATION to complete Cost estimates. They should be completing this shortly & per the 2020 AGM Scott stated we have approx. 8-9 months of Engineering/shaft freezing etc... ...)

(NOTE***Some of the following can be accomplished while other bullet points are underway like the running of Power & Gas Lines to site)
o Construction of temporary power plant for shaft sinking and construction activities.
o Construction of the temporary freeze plant for shaft sinking activities.
o Establishing commercial natural gas and electricity service to the Project site.
o Construction of the backfill plant.
o Sinking both the production and ventilation shafts.
o Underground mine infrastructure.
o Completion of commissioning of the processing plant up to First Metal.
o Ramp up of processing plant to full production capabilities
(***ALL subject to FINANCE of course =) )

Overall Norcal...they are following their game-plan. Niocorp has advanced the ESG, Generational Elk Creek mine that can deliver & "Separate" Niobium, Scandium & Titanium as designed in the F.S. Also Niocorp is seeking to add REE's of which all 14 are present if deemed viable. All will be present & in solution & can be separated by SX or other methods all T.B.D. (but easily doable & added to flow & P&ID's! No doubt they are burning the oil on this now..)

FUNDING can happen at any time & per Scott's methods during the 2020AGM is the "elephant in the room" & there are many ways this can be accomplished as many have discussed here & on the Nov. 5th AGM.
These recent U.S. govt/ events are "Interesting" to me & a few others and if you follow the sequence of events from @2018 to present day. (A Trail is there & I'll leave it at that.)
Niocorp has stated they want to go the route of private funding, but I myself cannot rule out something else may also/has been in play or a combination of routes. Niocorp apparently has enough funds to get through year end through warrant conversion & recent PP's. (again look a Scott's 2020 AGM)
What Niocorp has planned to get us over the finish line... well that's the $million dollar question? It appears Scott Honan is taking a leading role now & in his statement to KETV-7 he did mention something about being "Hopeful" by years end 2021????
Can Niocorp accomplish some tasks above with what they have in the kitty now... "I think so!" I'm looking for Mobilization/- Drilling by this fall or (BM's)-sooner! & that would line out nicely to my own schedule! lol

Again all IMHO & do your own DD & form your own conclusions...

"Front row seats..." Something by end of JUNE team NIOCORP??!
"IF at all possible"///M.S
Chico