Replies to post #10115 on Niocorp Developments Ltd (NB)

[Gary15]

In that case Niocorp is projected to spend US$136 million for the development of an underground mine(from the PEA report)...not counting infrasture and other related mine development expenses....which would probably increase our IRR around 50%...just like the African niobium mine.

[seawolf21]

Incorrect, detailed in their PFS. CAPEX to be less than $200M to produce Niobium.