Niocorp Developments Ltd (NB)

[SkiFunds]

Thanks for realizing that. Always winning is a tax burden, but a high quality problem to have.

Not sure about the feasibility study, but I think there might be some preliminary REE data soon.

It was interesting to hear from Scott that the Niobium and Scandium concentrations seem to increase as they drill deeper, but the REE concentration seems to stay very consistent throughout the formation. I take that as they will be able to produce REEs consistently for the entire mine life.

He also shared that the mix of “heavy vs light” REEs is very favorable for delivering the high demand REE permanent magnet materials that are in high demand.