Niocorp Developments Ltd (NB)

[Skiluc]

Good morning my friend! How have you been?

I fully expect it to fall between the market average of 3%-5%(up to 8%) of the generated cash flow. So with using the annual net income minus net change in retained earnings = dividends paid formula… with an already projected Ebitda of up to $800M… it could get spicey… and grow.

Especially since the number in OS count will be no where near that. I figure a bit more then half that. I also suspect at one point, our annual dividend will be worth every penny we are spending per share now. Or at least near it. Weee. When you think about what the FS says the life of mine length is, from memory: 30+ years, Just gets exciting. And it is a certainty that number will also grow.

But that will take vision and patience.

Hope this helps. Best wishes.