Replies to post #103437 on Niocorp Developments Ltd (NB)

[jeunke22]

Thanks Stark. In my opinion it means that the feasibility is still to be expected in 2023 and that EXIM is probably not dependent on the scandium aluminum alloy project and additional equity follows EXIM and Stellantis. I guess mainly debt financing through investment banks depends on scandium off takes. Just looking and hoping for some fireworks soon.

[AlwaysOptimistic]

stark, I also posed some questions to NioCorp Mgt. Here is the response from Jim Sims in bold type:

=========================================================================================

Is all of the REE/Scandium/Alloy testing completed to satisfy a Stellantis off take? Yes.

Is a revised FS necessary to satisfy a Stellantis off take? No.

Is a revised FS necessary to secure commitment from EXIM. That is still to be determined by EXIM.

Jim Sims
Chief Communications Officer
NioCorp Developments LTD