“We are pleased to be advancing our underground mine to the detailed engineering phase with the Nordmin Group,” said Mark A. Smith, CEO and Executive Chairman of NioCorp. “This effort underscores the NioCorp team’s continuing commitment to bring the Elk Creek Superalloys Project to commercial reality as rapidly as possible and to do so efficiently and with environmental excellence.”
Stark, it is not ok to just give a small piece of info....there is a lot more in this contract and in every sentens in this mesage. Read it carefully and a couple if times to fully understand what is written between the lines....
Mark said in an article last week that a bridge loan of at least $25 million was coming first:
This sentence says it all to me:
"Smith says “It's just a bridge until we get the larger financing in,” including at least $25 million for detailed engineering studies. In short supply on international markets, scandium has attracted a new level of interest here