Niocorp Developments Ltd (NB)

[walterc]

Ted , There will never be enough rare earths for all these EV's that will be produced so the deal of Stellantis was an example of automotive positioning themselves to secure supply for their future needs and not being dependent from China. ..
Exim and Stellantis showing interest in investing in Niocorp will also be triggering th e interest of the largest Private equity funds in the world and Dean Kehler will be a big help in closing these deals through his impressive network. With offtake agreements from such big companies financing will become a lot easier.
We had several bumps on the road to success in the past which had nothing to do with management mistakes ( The water issue in in 2015-2016 which needed the freezing approach - Corona in 2020 which blocked the asset monetizing financing deal and recently the bankcrisis in the USA which did not help the Spac ) but thanks to our very strong management we survived these bumps and have continued to improve the project and nothing is stopping management from making this a greater success than we hoped for when we started investing.. In fact over the years the potential of Elk Creek became only bigger and we have now a big multinational that will be backing us supporting our goals.
Yorkville was a neccesary life line , a life insurance and will pass. It will be replaced asap.
I am very optimistic we will see other offtakes for scandium and titanium.