New Edison Report..., page-49

the question that has always bugged me is that if iaccept the proposition that brazil produces 90% and sells all the Niobium, then who will CXX sell too - are those customers of brazilian Nb prepared to walk from a steady supplier of metal to go into a new untested venture supplier - what does he get from it - cheaper discounted Nb?? - if they do then i would imagine the Brazilians could probably match it given their strong position - i like the look of CXX but i do not understand the dynamics of the Nb mkt and the continued delay in these matters makes me more concerned that is not a simple proposition to "break" into the Nb mkt - what is NOT being said by both the Co and the analysts IS always what worries me at times, looking to get back in having sold recently at higher prices just to break even after qtrly rpt mentions June, but just maybe i should forgo the "early risk entry and await the ann of offtake and finance nd get in then??