May. 13 at 2:01 PM
$NB Lots of frustration about how long it is taking to complete the updated feasibility study and to release the results to the public. I trust that NioCorp and their consultants will complete this project soon, and announce it when it will make the greatest impact in the market. Here are several facts. According to a January 14th update from NioCorp, they are focused on completing the study in the FIRST HALF of 2026. The study is being tailored for EXIM Bank's review. We have all heard that EXIM will be very supportive. We all know about Project Vault. Once NioCorp receives EXIM approval, a FORMAL Construction Launch will begin, this FALL. We know the NPV will be higher than the original
$2.8 Billion because drilling results were so favorable, including Rare Earth's for the first time. No matter what happens with China and the availability and price of Rare Earth's, 70% of Elk Creek's VALUE depends on Scandium and Niobium. Soon, the market will begin to price in these facts!