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Replies to post #108193 on Niocorp Developments Ltd (NB)
PutzMueler
02/12/24 10:25 AM
#108194 RE: Truth and Transparency #108193
Mark Smith stated in his video update for Niobium that NioCorp is working feverishly (paraphrasing), on updating the feasibility study. But I’m not sure what that means. Is there anything you can tell me in that regard?
Producing a Feasibility Study, even one that updates a previously issued FS, is a very large undertaking. It involves a great deal of engineering and procurement work, both for the underground mine and the above-ground processing facilities, as well as many other assessments that are not directly related to the demonstration plant results. Even elements that have not changed materially since the prior technical report will typically need to be re-priced to account for inflation. Our target for completion is as soon as possible in 2023.