Niocorp Developments Ltd (NB): I agree Rizzo. It only takes a few inst...

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Re: Rizzo1101 post# 21875

Thursday, 01/19/2017 7:34:01 PM

Thursday, January 19, 2017 7:34:01 PM

I agree Rizzo. It only takes a few institutional investors to create some volume and pump the SP back up leading into equity financing. Management obviously has thoughts on valuation and they will negotiate the financing. SP due to small volume trading shouldn't fully dictate the price management is willing to issue shares at for financing. Despite not being issued all at once, we're still talking a yuge number of shares for financing. Good luck to any finance company who thinks they could go out to the market and negotiate that many shares at the current SP. Is there potential for the SP to go up based upon the financing deal that is struck?

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