You have no idea what the SOE thinks or are doing or not doing. The company says that they study is still being worked on.
I see no reason to think they are not neigh truthful.
The Colorado School of Mines study provides all the information I need to know about the property. It shows the niobium is there, it's can be profitably mined and processed. Add in the changing landscape of Niobium demand and this is a winner. Just a matter of when not if.
There is nothing that can change those facts. The Colorado School of Mines historical work is the key to this play.