Replies to post #81813 on Niocorp Developments Ltd (NB)

[ge11]

Thanks NorCal Tommy!

[chico237]

Thanks GE & Norcal & Jim! Appreciate you all. "Rotary Kilns" - Rotary Coolers?

Continuing to close in on finalizing construction?

(Well that sucks! They are experiencing some serious "Supply Chain" delays on something custom made; maybe 2ft round & 15 ft long & 1,200lbs +/- 30lbs/hr of run...yeesh!)
On the positive side:
Very much looking forward to the "issuance of a widely disseminated news release!" From Scott, Team Niocorp & L3... (Maybe some September call-ups
to make the "Play-Offs" this year 2022???)
Fire up the Metsim!
https://metsim.com/

Dog Days ..... ZZzzzzzzzz

Chico

[Middleborder]

Tommy; Thanks for posting Jim's reply!

This being the United States I am surprised that they needed to go to Europe to purchase the kiln rather than manufacturing it here. Its not like we don't have any mining or refining going on on this continent. Surely there are a half a dozen companies in Chicago or New Jersey, or Pittsburg that could do specialty mechanical fabrication.

Well, I guess that I will go back to enjoying my summer such as it is. Enjoy yours out there by the Pacific Ocean and hope your team does well!

[stark12]

Thanks for posting. There are many vendors that supply rotary kilns including custom designed kilns.

According to this information, the vendor is partially to blame, supply chain issues and the war in Ukraine apparently play a role as well. HOWEVER, management set expectations about the construction and operation of the demonstration plant. My take on it was weeks and it looks like it's stretching to months. (June 6 PR said: "Launch of demonstration plant testing is expected to occur in the coming weeks.") Not a big deal in the grand scheme of things, but aligning expectations ideally results in meeting those expectations. It is frustrating. Now it is possible that management was mislead about the timeline and I don't want to jump to conclusions. I suspect they are even more frustrated at how long this is taking. In the end, I think it will be worth the wait.

Discussion about building a demo plant has been kicking around since March 14 (https://www.niocorp.com/niocorp-reports-significant-advance-in-plan-to-process-critical-minerals-in-nebraska/)

We look forward to validating these preliminary findings at the demonstration plant level and to communicating the final results of this effort when completed.

Seems like a long time. I don't know when the snafued-parts were first ordered, but supply chain issues aren't anything new. I have questions about whether or not things could have been ordered more proactively and whether a different vendor could have gotten this done sooner. I want to be clear that these are questions not criticisms. For all I know this has been handled very proactively and efficiently given constraints beyond the company's or the vendor's control. Perhaps another vendor would be even slower.

I guess we just have to be patient. Rome wasn't built in a day.