Niocorp Developments Ltd (NB)

[scooter83]

Putz you just don't get it. Why do you think NioCorp has been unable to get financing year after year?

LCP777 has given the board the only answer that makes logical sense.

The Elk Creek Mine is primarily dependent on scandium.
62% of the projected revenue from the 2022 Feasibility Study depends on scandium.

Niocorp wants to produce 6 times more scandium than current world production. Niocorp says build it and they will come. Does it seem viable to think you can sell 6 times more than the current market? Financiers will fall flat on their face if wrong.

Scandium pricing is a big unknown. The market is undeveloped and pricing is private. There are many unknown variables to predict future pricing like industry adoption, competitors etc. Is that a viable pricing plan where financiers will be comfortable with guesswork?