Replies to post #63180 on Niocorp Developments Ltd (NB)

[bigal9999]

I had to look at that again, too. It is 250,000 tonnes of ORE. Once refined, it is projected to be around 100 tonnes per year of Sc2O3 at 99.5% purity. Keep in mind that they are projecting to have a complete PEA in the first quarter of 2021 and a complete FS in the third quarter of 2023.

Also, (and I'm going from memory from when I looked at it yesterday) the purity in the ground is around 300 to 500 PPM.

Big Al

[Landmark8211111]

" Citing from the Article: “The deposit has been modelled to extend to at least a kilometre from surface and has the potential to produce around 250,000 tonnes per year of high-purity, low-cost scandium oxide ore for a mine life of well over 20 years".

If these numbers are no mistake, their intended production is 2000 times higher than Niocorp, or do I have wrong numbers from Nio in my head?!

Those numbers definitely sound like a typo! (250,000 tonnes per/year)? Na me thinks not...