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Friday, January 27, 2023 11:25:34 AM
IMO, M Smith just confirms that he wants funds to at least cover a certain portion of the plan he laid out on p27 of the Sept presentation, with access to up to $65M:
https://secureservercdn.net/198.71.233.156/gx0.d43.myftpupload.com/wp-content/uploads/NioCorp_Investor_Presentation.pdf
Cost Element $25 $100 $150 $285
Final Subsurface Water and Subsoil
Characterization $11 $11 $11 $11
Exercise Additional Land Options $4 $4 $9 $9
Final Engineering Before Construction Start $2 $22 $39 $39
Site Preparation and Infrastructure ? $40 $40 $40
Initial Construction Works ? ? $15 $15
Production and Ventilation Shafts ? ? ? $89
Overhead and Site Management Costs $3 $14 $19 $44
Contingency $1 $3 $11 $21
G&A / NioCorp Execution Team $3 $5 $7 $17
To a constructive 2023! JMHO
AR.
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