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Tuesday, November 15, 2022 3:25:58 PM
1) - Has Niocorp recently applied for a DoE/LPO loan for "debt"..?
We are indeed in discussions with several U.S. federal agencies about potential financial assistance to the Project, but all have very strict rules about disclosure of those discussions and processes. I’m sorry but I cannot say anything more about this at present.
(Mums the word... for now...! huh...)
2) - Could any additional CO2 capture methods still be possible by ex-situ, direct mineralization, or other methods now being undertaken via the New Process? (You did hint earlier that there "May" be some (byproducts), but more work is needed & yet T.B.D.)
The reagent recycling tied to the Calcium and Magnesium removal, which we recently announced as part of our demonstration plant operations, is effectively a carbon sink and is expected to reduce the carbon footprint of the eventual operation.
What are Carbon Sinks: A carbon sink is anything, natural or otherwise, that accumulates and stores some carbon-containing chemical compound for an indefinite period and thereby removes carbon dioxide (CO2) from the atmosphere.
(Very Interesting "DOTS"... I guess I'll be bugging Jim & Scott again once more results & material news is released!)
3) - Who owns the patent/rights to this New Process being implemented? Or can it be licensed moving forward?
We hold the rights to any intellectual property developed and related to the Elk Creek process by virtue of our contractual relationships with L3 and other entities involved in the work. While our focus remains on using proven commercial technologies in the public domain, we will act to protect the parts of our process that may be novel.
(AWESOME!....put that one to bed!)
Form Your own Opinions & Conclusions from above:
IMHO:
Very Interesting & appreciated! =) - I can't wait to see what Phase 1 final results reveal leading into Phase 2 & 3 completion, updated 2023 F.S. & all the material news coming to shareholders into the New Year!
Yep... Front row seats! with many...... Looking forward to reports & updates from those attending the upcoming Gathering of the Niocorp "Tribe"!
Go Team Niocorp & L3
Chico
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