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Tuesday, 05/24/2022 7:31:28 AM

Tuesday, May 24, 2022 7:31:28 AM

Post# of 111811
Scott stated REE production “North of 750 tons per year!”
NioCorp Developments has a 'very large rare earth deposit' in Nebraska
https://www.proactiveinvestors.com/companies/news/982962/niocorp-developments-has-a-very-large-rare-earth-deposit-in-nebraska-982962.html

Grunt's Calculations Post #78176 :
A pretty sweet addition to our bottom line:
Tb - - - - - - - - - - - - - - - - -$24,771,000
Dy - - - - - - - - - - - - - - - - -$22,419,000
NdPr - - - - - - - - - - - - - - - $92,357,000.00
Profit from the 3 oxides: - -$142,547,000.00

My guess will produce the following when compared to MP materials & 3 other U.S. projects (& This could be low!) :
600 tons per year Ny/Pr = 600,000kg x $173 = $103,800,000 (not far off Grunt's estimate!)
24 tons per year of Tr = 24,000kg x $2,383 = $57,320,000
120 tons per year of Dy = 120,000kg x $495 = $59,400,000
Total REE annual value prior to OPEX = $220,392,000 Million
~ & I THINK Niocorp's numbers for Dy & Tr might be a touch more! 30mt & 170mt respectively???~

That’s $200M plus +\~ in additional earnings (Before Opex). **NOTE: This doesn’t include increased recovery rates for the Nb & Ti $$$.
Niocorp "Could" push earnings to $600 to $700Million/year?

All IMHO yada yada!
(Maybe that dude with the 116$ Canadian estimate was right?)
Getting ahead of myself...lol
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Chico
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