Niocorp Developments Ltd (NB): I consider this significant. It answers...

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Niocorp Developments Ltd (NB)

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Re: ge11 post# 112267

Wednesday, 05/15/2024 2:37:18 PM

Wednesday, May 15, 2024 2:37:18 PM

I consider this significant. It answers several questions. (My answers based on personal interpretation of Jim's response)

1. How is NioCorp paying for the Feasibility Study? - By seeking funds through EXIM's Engineering Multiplier Program (EMP)

2. Why is the FS taking so long? - Because funding may be coming through an EXIM program, which moves at the speed of...government.

Thank you ge11 for reaching out to Jim Sims. This adds a bit of clarity to some concerns that have been raised on this message board re: the FS.

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