Replies to post #40662 on Niocorp Developments Ltd (NB)

[Trofee]

Starkvyou are very much right!!

[douginil]

Hi Stark12, Landmark, walterc & others; With a very deep sigh I frustratingly agree with you. The end of the Nordmin study needed to be documented, but it sure would have been nice if there was something in the PR that would have provided even a slight up tic in the SP.

[PutzMueler]

Forgive me for being a bit confused on the processes of releasing material info.

you said
“It is also probably the case that they cannot by law disclose any costs or cost savings that would significantly impact the NPV or the CAPEX. Those would also be material events but I think would require some revisions to the FS before they could be released.”

Why would a material info NR have to wait until after a revision of the FS?

My understanding of Material info is that it should be released immediately to prevent insider trading.

Insider trading could mean anyone from Nordmin employees to NioCorp CEO, management, secretary’s etc who would be handling this info prior to a NR.

Obviously the NioCorp team needs a bit of time to understand this info to be able to NR it, but imo after they know what they have it should be NR’d before anyone else gets involved.

THX IN ADVANCE.

[inversor86]

After reading the PR, I am not expecting the total cost to change much. This may still be a 1 billion dollar project. Sounds like the indication is that money saved will be spent elsewhere and just be happy that it doesn't cost more. Walter was right, it is not fluff. They eliminated two substantial issues. The water problem and the permitting problem. The humorous part is that most investors weren't aware of what hurdles these two issues became over the past several years and if they did know it certainly wasn't a popular thing to point out on here. I know I am breathing a sigh of relief though.


Just as much as cost changes, I'm curious to know how this will impact the estimated length of time from beginning construction to feeding ore into the mill. Instead of 4 years, it could possibly be only 2 or 3 years hopefully. As was pointed out, this has already delayed us 8 months. Even it doesn't save any time or money it is still worth the trouble because it eliminates future potential problems from the opposition over the water pumping into the river and other permitting snafus.