Niocorp Developments Ltd (NB)

[chico237]

Not necessarily… I think the intention of management was always to own & operate.
What I see going on- Diversity of supply -
DoD established a floor price & a need for allied 5 year supply of Scandium before Niocorp could bring on their DFARs compliant domestic supply in 2029.
Niocorp also can supply Nb, Ti & TiCl-4 & REEs but all must be proven via DFS 2025.
What should be center stage- The pentagon just announced the need to establish a secure supply (the need is real & so is the need to stockpile!!)
I think- As long as the Scandium products ( produced from this Rio supply) are manufactured in the U.S. this would work & offer those industries DFARs compliance until Niocorp’s substantial U.S. domestic supply comes online. (Note: domestic suppliers are primes! Like NioCorp)
Your question is a good one for management. I do not want them to sell, no reason I can see as they were the owner operators of MolyCorp- now (MP).
This is all in NioCorp management’s wheelhouse imho…