Replies to post #38634 on Niocorp Developments Ltd (NB)

[monocle]

From the NR on February 7th-

For example, Nordmin will explore alternative water control technologies that could reduce or eliminate the need for 15-18 months of active dewatering prior to the start of the mine shaft sinking operations. Nordmin believes that these innovations could potentially result in these benefits to the Project:

Reduction in the amount of bedrock water produced by the mine, and a commensurate reduction in the size of any waterline from the Project to the Missouri River;
Increased efficiencies in mining operations, including scheduling the production of higher grade ore earlier in the Project’s operational life than was previously planned;
Shortening of the mine’s current estimated timeline to commercial production; and
Reduction of both upfront capital expenditures (“CAPEX”) as well as sustaining CAPEX and operating expenditures (“OPEX”) over the life of the Project.

It seems that the alternative water control options have been found to be viable. However many times words like "could" and "potentially" are used, I doubt that management would have floated the possibility of up front capex savings if they didn't expect them to happen. Very good, not unexpected, news today.