Replies to post #69811 on Niocorp Developments Ltd (NB)

[User-462888]

Yes, funny isn't it?

First, we had a Niobium play. That turned out not to be viable.

Then Scandium was added and a new FS was prepared, hoping that would attract institutional investors and make the project financeable. Which it clearly hasn't achieved SO FAR.

So are we now being prepared for yet another twist in this story and another update of the FS to include rare earths?
And if so: Is the reason for that twist that the project proved to be unfinanceable as it stands today?
Maybe the 10 million from Lind will be used for another update of the FS???

I hope not. I had the impression yesterday that management is preparing the ground for the BIG F NEWS within the next weeks. Let's hope we will not be disappointed again.

[AlwaysOptimistic]

I tend towards looking at the positive in his comment. I don't believe it is necessary to redo the FS to accommodate new findings. I think the comment is more rhetorical than declarative and we don't need addtl. research on rare earths to make the project financeable. I also don't think MS would be appearing on a nationally syndicated TV network unless the company was anticipating financing. If anything, his national appearance improves the prospect of financing because it has raised the share price and is making the project more attractive to financiers on the equity side in addition to PR's re the $10,000,000 loan, the exercise of the option to purchase land where the mine will be built and the signing of the agreement with Cementation. JMO, but, the rare earths comment was in response to the interviewers mention of MolyCorp and rare earths, and at some point, the company can look in to extracting rare earths but I don't think it is a show stopper re obtaining financing to develop the extraction of niobium, scandium and titanium. All JMO. To investors, please do your own research and make your own investment decisions.