Niocorp Developments Ltd (NB)

[chico237]

PM/all- Why? "Would NioCorp not act on building an REE’s resource until recently"? Has been addressed several times on this board & by several posters.

IMHO:
Pricing/Competition/NEED/

a) Pricing of Neodymium, Pr, Tr & Dy
https://en.institut-seltene-erden.de/rare-earths-and-metals/rare-earth/neodymium/
PM- Just plug in any of the Rare Earth Minerals. Since 2013 till present day the PRICING $$ of just these four minerals has achieved speaks for itself!
(Niocorp being an underground mine could not achieve economic goals on REE's in the earlier years based on low pricing & the threat of China doing what it did to MP.)

b) Competition: China is currently "THE" World leader on producing & Separation of REE's via non ESG principles. China CAN play pricing games. (~Just look at what they did in 2011/2 & have threatened to do again.~) Niocorp being able to produce viable REE's as a "BYPRODUCT" of Niobium, Titanium & Scandium production is not only a smart move, but should insulate Niocorp against any future pricing wars.

c)NEED: The WORLD is finally recognizing what we all saw back in 2012. Covid 19- has ruined current supply chains & has shed a light on how VUNERABLE they are. As the world seeks to address New Geopolitical lines, Cleaner Energy production, Electric Vehicles, light weighting, 3D printing & more. Critical Minerals & REE's ~Secure, Stable, ESG, DIVERSE SUPPLY is required~ Not only for Industry but for Strategic Defense & Space purposes.
Several "NEW" mines will be needed (Several articles & Industry leaders have stated as much.)
It remains to be seen IF Private Industry & Governments can come together & support such actions. Recent events do tend to show that Private Industry & Governments are starting to take action. (See Several posts on this board & the recent actions of the U.S., Canada, Australia etc..)
~NOTE: Niocorps economics "IF" proven should improve even more. Possibly improving Debt/Equity negotiations & the amount of CAPEX/OPEX moving forward in addition to a more robust NPV.~

IF Niocorp can Prove SEPARATION of their viable REE's & it is economically viable; & IF Niocorp can achieve some meaningful finance. IMHO Niocorp is one of the most advanced NEW MINE Projects in the U.S.

Form your own opinions & conclusions
Knowing all the labs have been backed up! I am eager to see Niocorp's REE Market Compliant Mineral Resource report & CURVE announced. Allowing NIOCORP to officially tout its REE's produced as a BYPRODUCT in addition to Niobium, Scandium & Titanium! (Not too shabby...)
While giving them a bit more time to prove Separation at the Pilot Plant scale & adjust the economics into a 2022 F.S. (Thus updating the 2019 to include REE's!!)
Grunt's numbers look great to me add in a higher recovery rate for Titanium & Niobium plus an upgrade to the Titanium oxide & future Niobium oxide production...Taking all the above into account & with a grain of SALT! Yeah!~" I'm in my front row seat waiting a bit longer with many here."

Chico