Niocorp Developments Ltd (NB): You are adding the credit when you shoul...

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Niocorp Developments Ltd (NB)

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Re: jeunke22 post# 25740

Friday, 06/30/2017 1:49:09 PM

Friday, June 30, 2017 1:49:09 PM

You are adding the credit when you should be subtracting it from the total cost. The credit is for the Ti sold during construction. A contingency will be required by any financiers and I highly doubt they will respect future revenues. The company will need to have commitments for a minimum of $1,087MM. My question is how much will they need committed before they start the dewatering and other early construction.

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