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Re: OldeFrothingslosh post# 106983

Tuesday, 08/23/2011 11:16:20 AM

Tuesday, August 23, 2011 11:16:20 AM

Post# of 165875
My thinking is that HKHE is a finance group with ties to a niobium end-user. HKHE is providing funds for feasibility. The $5½M - $10M is enough $$ for the work being done between the fall '11 and the Nio-Star IPO. The nio-star IPO will provide additional funds for feasibility/property management/etc. but the bulk of the construction costs will be covered by an off-take agreement with the associated niobium end user.

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