Niocorp Developments Ltd (NB): The process flow is a complete redesign....

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Re: PutzMueler post# 112192

Monday, 05/13/2024 11:37:21 PM

Monday, May 13, 2024 11:37:21 PM

The process flow is a complete redesign. The economic calculations are different including market analysis, costs, inflation adjustments. Big change is everything dealing with REE. Not a simple update. If they go with rail that requires a redesign of the mine shaft (I think).

Previously we were told the scandium-aluminum alloy facility would not be part of the feasibility study. But we’ve been told a lot of things in the past.

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