Niocorp Developments Ltd (NB)

[Middleborder]

And we are still waiting for the presumed extension of Mark Smith's loan and the results of the private placement.

Of course, we are also all waiting for the results from L3, with their facuility picture displayed on the NioCorp website.

"Depending upon the outcome of metallurgical testing on REE recovery rates from Elk Creek ore, soon to be launched at a demonstration plant in Quebec, and on whether necessary Project financing is secured, NioCorp could produce separated rare earths as a byproduct, placing it at a competitive advantage vis-à-vis other rare earth projects.