Here is another take on the prospect of a Largo/Niocorp consolidation from InvestorIntel (March 9, 2015 edition):
"So what does the latest move mean? One can let the imagination run riot with the fact that Smith shall run both Largo and Niocorp at the same time. Does this presage an eventual merger? Then again bringing Smith on board in Brazil might very well be linked to Largo’s next expansion move. Might it try and pick up the Catalão Niobium facility in the state of Goias, which is owned by Anglo American Brazil. It has the smallest reserves of the three Niobium “majors”. There has been speculation that the mine may run out of ore if the deposit size cannot be increased, but we do not believe this. Anglo-American mines the majority of its niobium ore from the Boa Vista open pit. It processes it in Catalão and Ouvidor and exports ferroniobium to the main steel plants in Europe, North America and Asia.
In recent times the company has invested US$325 million to expand the Boa Vista operation. The Boa Vista Fresh Rock project will increase production capacity by almost 50% to 6,500 tonnes per year and potentially moves the complex up to be the second largest producer of niobium worldwide. Certainly combining this with Largo would make a very sexy beast in the steel alloy metals market.
Such an entity would be attractive to the US market and so we may see Largo making a push to become even more US-centric in its shareholder base.
If there is one thing that one can be sure of when Mark Smith walks in the door, there will be never a dull moment.."
Of course, during this slow Niocorp news period...speculation is all we have.
News 
Market Data 
Discover 
