InvestorsHub Logo
Followers 33
Posts 4113
Boards Moderated 0
Alias Born 04/26/2016

Re: ge11 post# 100288

Thursday, 08/10/2023 3:54:31 PM

Thursday, August 10, 2023 3:54:31 PM

Post# of 113435
Does anyone have an idea when $NB will hear something on $800 million dollar approval by EXIM bank?? I love that we justy secured $10 million in federal funding to support commercial production of aluminum-scandium (“AlSc”) master alloy production in the U.S. Now with the $800 million form EXIM we would need only $190 million to reach the $1 Billion to build the entire mine is this correct? Am I missing something on additional money needed for mine construction? BTW I noticed below it says "FY 2024 National Defense Authorization Act " will Niocorp have to wait until 2024 to receive the $10 million?

FY2024 National Defense Authorization Act regarding the strategic importance of scandium, as well as securing $10 million in federal funding to support commercial production of aluminum-scandium (“AlSc”) master alloy production in the U.S.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NB News