Niocorp Developments Ltd (NB): Platina’s scandium project that BHP boug...

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Niocorp Developments Ltd (NB)

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Saturday, 04/29/2023 5:58:09 PM

Saturday, April 29, 2023 5:58:09 PM

Platina’s scandium project that BHP bought had used $1,550/kg in its DFS. Niocorp is using fictitional $3,675/kg. Their fs is a fiction imo. There are bigger problems than the ceo getting hoodwinked in New York into giving away 30% of the company at a net cost to Niocorp of $5mm bucks. Then entering into toxic financing deals. You can’t make this up. Stunning blunders. Bottom line, it’s all based on the orginal sin. Fake scandium prices. No serious mining CEO would touch this steaming bag of crap.

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