Replies to post #9005 on Niocorp Developments Ltd (NB)

[inversor86]

What Mark said in the interview verbatim was; "we will issue a Preliminary Economic Assessment probably next week." On Investorshub the word probably has the same meaning as definitely.

[Ak74]

Mark said the middle of March or so.
"Or so" meaning give or take a few days, weeks

[Jovko]

Advocate,

The words Mark used in the last BNN interview were "PEA PROBABLY next week" and "FS late Q3 - early Q4".
So, Mark was not very firm about PEA this week. The way I read it: PEA - next week, FS - October.
I understand why the company wants to push the FS - they have new elements to add and this needs more time.

We (the board) are kind of used Mark to "under promise".
When he does not, we are kind of disappointment.
We have to be patient.

[Lumberon]

In the big scheme of things the PEA being released this week or next week doesn't change anything for the long term prospects of the potential mine. I for one would rather have them be cautious and make sure everything is done properly than for them to have to make revisions to the PEA afterwards. The optics of delaying the PEA are insignificant compared to having to revise projections downwards afterwards. I'm sure they'll be conservative in the PEA to avoid this scenario.