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chico237

09/22/22 11:55 AM

#83166 RE: Demolition Man #83165

I believe so Demo…. The U.S. has recently put dollars in place for certain projects. Both MP materials & Lynas received Govt. funds (@150+Million$) for rare earth separation/magnet projects located in Texas. Both of these producing companies will be presenting alongside Niocorp during the 18th annual REE conference in October 2022. (I would expect Niocorp to have the “goods” by that time or look pretty lame using the same old talking points! Amongst producing piers…)
Recently 7 additional applications were submitted as of August 2022 to the DOE/LPO. In addition to recent tax incentives (via recent legislation signed into law). Niocorp has stated they “might” benefit from the LPO program moving forward. (All T.B.D.)
The German loan guarantee for (@150$Million) is still in play. Why couldn’t Niocorp’s fully de-risked project also benefit from such actions as above??? Especially after proving final separations & possible greatly reducing CAPEX/Opex costs once the demo phases are completed. Given Pre-production credits and these cost savings processes, plus the additional economics of viable REE & byproducts…
I’m staying tuned! Waiting for DEMO news… Unless we are nuked, or a total collapse of the world economy?? I’m betting on the U.S. our people & our team to get the job done. Although I’m leaning towards a 2026 product timeline now!
All imho & form your own conclusions!
Chico