Niocorp Developments Ltd (NB)

[inversor86]

Walter that sounds great! I found one typo, it's in the paragraph below, I made it red.


Last year some Chinese companies took a 15% stake in CBMM for about $2 billion as did a Japanese and Korean constortium for the same price tag and 15% ownership, making Niobium 3rd in M and A activity last year. CBMM provides I around 86% of the world’s demand. Having only one outlet that supplies almost everyone brings a certain amount of risk if your company has an absolute need for it. Something catastrophic or unexpected could happen at CBMM, then what do you do? In addition Tata, ArcelorMittal, Sumitomo, Mitsui, Severstal, Thyssenkrupp, Nucor, Evraz, Gruppo Riva, Hyundai, US Steel, Allegheny, IMIDRO, NMLK, NMK, China Steel (Taiwan), Steel Authority of India, Wisco and many others were all shut out of the CBMM deal and are need a long term supply. This will ring true by as early as 2018 when demand is predicted to potentially outstrip the maximum capacity of the three current producers.