Replies to post #30009 on Niocorp Developments Ltd (NB)

[PutzMueler]

You will note he did not put a URL in to make our proving his last paragraph statements easy.
Not that I would open the link anyways!

The rest of his post can’t be proved one way or the other.

Just my observational opinion!

[tedro84]

Scandium International is another very good example. Their BFS has been complete for over two years and they are yet to obtain financing for the mere $90MM project on a $220MM NPV. All because it is a stand alone Scandium company completely dependent on the development of that market.

Lara Smith, the author of the Niocorp article posted at investorintel.com yesterday and linked here, has been very positive on SCY.

[freedom5]

Negative value on Niobium alone? I'd like to see how you figure that?
Pea 1 with an EBITDA OF $153M or
$183M ? Can't remember and initial cost build out of $919M had Niocorp's financial advisors/bankers happy !!!
And only a small amount of Scandium I think like 11 or 12 tons just going by memory. Because I called up management to complain about why so little scandium!!
Bottom line this project is DOABLE ON NIOBIUM being the main revenue product!!
At townhall Mark said the terms of financing that they are going for will not require scandium off takes! Helpful yes but not required!!!
The company could process the material in several ways, each yielding different amounts of each element and with different costs associated!!