Replies to post #39479 on Niocorp Developments Ltd (NB)

[douginil]

Tedroe84 I think we are "beating a dead horse" as we say. I agree with your statement:

These are not my numbers. They are direct from another potential scandium producer, which seems to me to be a rather credible source.

Can we all accept that there are many "credible sources" for pricing our Sc. Each "credible source" has in mind a purity level (3N's, 4N's, or 5N's), with an understanding of the acceptable levels of all trace elements, with an understanding of the acceptable levels of specific trace elements, a general chemistry (eg: pure metallic, an oxide, etc.), a potential buyer's end use, and probably a number of other variables. Therefore Sc for aluminum alloying may have "commodity" characteristics, while for Bloom Energy's Solid Oxide Fuel Cells it may be more stringent justifying a higher selling price.

We do not know who management has been talking to, their level of interest, their product characteristics and specifications, etc. Therefore the price that we sell at could be from the low end more as a commodity material at $2,00/kg (or even less) to $5000/kg. We do not know but all are possible depending on the buyer.

I trust that our management has identified that the incremental selling price increase above commodity pricing that our potential customer is willing to pay, far exceeds by a healthy margin, the incremental capital required to produce the material and therefore will generate a very healthy incremental ROI.

Please let us stop questioning the selling price of our Sc.