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freedom5

12/08/17 9:36 PM

#31316 RE: TO Double D #31290

The Niobium & Phosphates group had
$146 million in EBITDA in 2016. That's the number to use to compare. BUT
How much from Niobium & how much from Phosphates went into the $146?
Also the Chinese group may have been more interested in the phosphates? Some I remember that was the more profitable group.
The Niobium mine has something like 6-7 years left unless ownership expends significant capex I was told.

freedom5

12/08/17 9:38 PM

#31317 RE: TO Double D #31290

I recall 14-15 bidders? Either way I asked Jim once why wouldn't those companies be jumping all over Niocorp? Can't remember his answer? But maybe the bidders were after the phosphates??? Does anyone know ? Not speculate but know anything about that deal ??!