Replies to post #36408 on Niocorp Developments Ltd (NB)

[nycinvestor1989]

Completely agree, Nb is important, your statement about Asian/Oceania is accurate, but its quite general. I was emphasizing "China only" because that article, which so far is the only source of this increase in prices, is for Citic specifically, which only supplies to China. So we are saying that the supplier of 85% of the worlds Nb, which lets assume half of that 85% goes to China specifically, just increased their fees. That is huge and possibly and indicator of things to come, but it also does not equate to global market prices, speak for the other 50% of CBMM to Japan or other countries, and does not speak for the Niobec and Catalao mines.