Tuesday, June 28, 2022 10:42:41 AM
Not certain of your source of this figure. Lashing out a bit with idle speculation?? . Hard to blame you in view of the delays.
Managment states that they are working to lower costs. They have also stated that most of the REE processing will occur as an "Add on" to the planned Scandium/Niobium extraction.
https://www.niocorp.com/process-enhancements-to-niocorps-critical-minerals-project-plans-point-to-possible-capex-and-opex-reductions-and-possible-lower-greenhouse-gas-emissions/" rel="nofollow" target="_blank" >https://www.niocorp.com/process-enhancements-to-niocorps-critical-minerals-project-plans-point-to-possible-capex-and-opex-reductions-and-possible-lower-greenhouse-gas-emissions/[tag]
Process Enhancements to NioCorp’s Critical Minerals Project Plans Point to Possible CAPEX and OPEX Reductions and Possible Lower Greenhouse Gas Emissions[/tag] snip....
snip...."If proven at the demonstration plant level, this design is expected to substantially reduce the amount of acid consumed by the operation, which could lead to lower CAPEX and OPEX costs for the Project than those projected in the Project’s May 2022 Feasibility Study."
While "Possible" does not equal "Realized" I would rather they work this out before hand. That said, there is nothing that I can see that I can do to move this process along so all I can do is to wait for L3 and managment.
MS extension and PP announcement in the next few days L3 results next month.
I hope that everyone here can get away from these questions and enjoy their summer! (And that Niocorp finally resolves the financing issue!)
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