RE:RE:RE:RE:RE:RE:BC is now on Niobium$1billion to put Niocorp into production. That is not an easy amount to raise. 400mm is less than half the Capex with a better IRR than Niocorp. Here is a recent article on Bloomberg talking about Niobium and Cradle Resources talked about...funny how an Austrailan company is mentioned on a North American article about Niobium. That says something about the potential of Cradle vs. Niocorp. Again, I think $1b is way too much to raise for less IRR.
https://www.bloomberg.com/news/articles/2016-05-17/the-commodity-that-no-one-knows-about-but-everybody-wants-to-buy