Niocorp Developments Ltd (NB)

[Boilermaker1]

I think the pressure is building
With regards to funding, I do not believe anything will happen until we finish the demo plant run and get the FS revised. However, there are a lot of things happening. We are seeing new battery technology that uses our materials. We are seeing more and more realization that we just cannot be dependent on China for these REEs. We are seeing more and more interest in green energy. We are seeing government regulations stipulating % domestic production. This latest bill that just passed invests a ton of $$ into green energy. We all realize that when politicians say “invest” they mean throw a bunch money at it and hope something good happens. Certainly some of it will end up in utter failures such as Solyndra. But this money will stimulate the demand for all of our products. Bottom line here is that while we await the demo plant and the FS, more and more reasons why this mine should get built are piling up.