Niocorp Developments Ltd (NB)

[Dart Board]

Everyone seems a bit touchy lately....

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Looks like good news to me. The 25% Nb off-take is now owned by a company (Traxys) that has annual turnover rate in excess of $6B. Their annual turnover is pretty much triple the entire market cap ($2.19B) of CMC, impressive.

Traxys is owned by the well known Carlyle Group, who in turn are worth $6.91B themselves. Maybe this combined $13B has an interest in some niobium mine financing? This seems right up the Carlyle's alley;

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials. As of December 31, 2016, the Real Assets segment advised its 26 active carry funds focused on real estate, infrastructure and energy and natural resources (including power). As of December 31, 2016, the Global Market Strategies segment advised a group of 57 active funds that pursue investment strategies, including leveraged loans and structured credit, energy mezzanine opportunities, middle market lending and distressed debt. Its Investment Solutions segment provides investment opportunities and resources for its investors and clients.