Replies to post #25492 on Niocorp Developments Ltd (NB)

[TO Double D]

I don't think that is the case at all. The numbers "should" be better than PEA2 considering the positive developments over the past year with the improved metallurgy, elimination of certain processes, elimination of the rail spur, but there may be expenses in the FS that were not accounted for in the PEA2. I believe they are just making sure the top line numbers are solid before release. I think we will see a final cash flow in the range of $350-525 million, CAPEX of between $.8-1.1 billion and a NPV of 2.5-4 billion. We won't have long before we know for sure. GLTA