News Focus
News Focus
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stark12

10/22/23 1:00 PM

#103437 RE: User-462888 #103436

As posted previously (post 100478):

Question to Jim Sims: Based on the information released today regarding the production of aluminum-scandium master alloy, will the footprint expansion to include these processing capabilities be part of the upcoming feasibility study or will the design, CAPEX, and OPEX for this be developed separately upon completion of the pilot phases?

Answer from Jim Sims: The design, CAPEX, and OPEX for our proposed AlSc Master Alloy facility will be developed separately and does not need to be included in the upcoming Elk Creek Project Feasibility Study update.
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PutzMueler

10/22/23 1:43 PM

#103438 RE: User-462888 #103436

NioCorp only has to have in the 2023 feasibility study producing Scandium Oxide or Scandium Metal. Whatever the facility @ NioCorp can process.

The new company does not have to be part of the feasibility study, and in my opinion it therefore does not have to determine any value to the functions that it is going to perform for NioCorp the parent company.

JMO

If they publish an updated FS in 2023 and the recently published efforts to market scandium alloys are not included in that FS despite them being a prerequisite for financing, this updated FS will most likely yet again fall short of convincing investors and EXIM to provide the necessary cash to finally get the project running.