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NioCorp's PEA figures improve

A week after releasing a well-awaited preliminary economic assessment (PEA) on its flagship niobium asset, NioCorp Developments has increased both its net present value (NPV) and internal rate of return (IRR) on the project.

The authors of the report discovered a “computational error” in the formula for one section of the report, which meant a portion of projected revenue was not accounted for in the early years of Elk