Niocorp Developments Ltd (NB)

[Middleborder]

Douginil; Thank you for reinforcing MaxzMillion's previous comments and taking the time to individually address the S.A. article for regular posters and also for all the new viewers to the NioCorp board.

To summarize your comments for drive-bys:

"Tim Worstall’s closing comment (for which he has very little, if any, legal responsibility) is:

Quote:“It is my absolute insistence that no one is going to come to market with a single mine supplying a many times multiple of the current global market and then also be able to sell that production at three times and more the current global price. Markets just do not work that way.

Hey, I could be wrong but that's not the way I would bet on this particular subject."

I do not agree his overall analysis. I prefer to be more trusting of management and the 3rd party experts who participated in the preparation of FS 2022 for which they do have a legal liability for its accuracy.

But as in Tim’s words its “my opinion of course”

(my emphasis! If they haven't viewer should read Doug;s entire post. )