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Family6

08/25/18 6:15 AM

#40542 RE: tedro84 #40533

T hope ur right my 4500 shares won't settle till Mon. Got my first SS check last week. 62.retired 5 years ago. Niobf is a family changer, not me I'm just a normal coupon clipping guy add every month now 175000 shares at .492 and happy. Oops that will make me 180000.
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walterc

08/25/18 6:48 AM

#40543 RE: tedro84 #40533

A lot of elements in your Largo analysis were very valid and yet you forgot one of the most important ones which changed the whole story.
At that time it was also said ( in one of the videos)that there was going to be a shortage of supply as mines in China ( and I believe in S Africa ) were going to stop production.China was going to become a net importer of vanadium . Reason was I believe that vanadium was a byproduct of iron and iron was mined at a costprice double of the salesprice.All of this happened.
Vanadium is a commodity . In 3 to 5 years time this may be a different story as there will be junior mines coming into production. And at a certain price more producers want to come in.

Niobium and scandium are not commodities . .. I think NioCorp may surprise a lot of investors. Difficult to put these expectations in a spreadsheet.I make a fortune if NioCorp gets to 5 , but my expectations are higher. Not the unrealistic figures that some come up with . Everything will depend on.

1) What comes out of the Nordmin study
2)How the scandium market will develop. I am very optimistic here having talked to some independant parties ( even here in Belgium)
3)How much will be financed in debt
and thus how many shares will have to be issued.

Until then it is a matter of patience. I happen to be very good in that.( Ask my wife)