Replies to post #41498 on Niocorp Developments Ltd (NB)

[Family6]

Wow I'm just a common person.

[Landmark8211111]

Excellent post!

[tedro84]

If you have zero interest in Clean Teq, why did you just ask me this morning why the stock has ‘imploded’?

I don’t care who here chooses to invest in either stock. I do care a lot about the various opinions on scandium across the industry, and I know others here do as well. Australian Mines is expected to put out a FS later this month. They own a site that is part of the same laterite that Clean Teq owns. I’ll update the board with AUZ’s Sc predictions when it is released.

I’m not surprised, nor have I complained, that financing has not occurred. I don’t expect it this year, and at this point I don’t want it this year. I would rather see those 12 million warrants expire than give up 5% equity in the company just for the potential to move the project up a few months.

If you had done research on the scandium market, you would know that many other potential producers also have agreements with alloy partners. Niocorp is not unique in that regard.

[Roymac81]

That's a very interesting post.

And I'm not questioning the validity or the valorization of the company. All I'm saying is that in those 5 and half years that Mark has been in this company, his plans of securing financing were a bit too risky (Naturally, this is a risky investment)

I'm not sure how much money he has spent in all that time, maybe $60 million? And how much more money he needs to raise before securing the financing?

By December 2017, Niocorp was on a gradual decline, reaching 29 cents on December 7th. Thanks to the Executive Order, Niocorp got back on its feet. But assuming the Executive Order was not approved, the decline could have continued... question is: if that would have happened, would that mean the end of the Elk Creek project? Would Mark be forced to close the company if he is unable to secure additional funds from issuing stock? Would lenders give money if they see that the stock value is at a low rate?

In orders words: if everything remains constant, how much longer does Niocorp have until the stock value restarts a downward spiral?