Niocorp Developments Ltd (NB): Forgot that. Thanks for pointing out, bu...

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Niocorp Developments Ltd (NB)

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Re: tedro84 post# 28833

Thursday, 09/21/2017 6:06:40 PM

Thursday, September 21, 2017 6:06:40 PM

Forgot that. Thanks for pointing out, but I think your math is off. Need 10 million additional for 12 months starting July 1st 2017 for planned operations. Subtract roughly 1.9 million for brokered private placement subsequently announced and roughly 250K for Northcott deal and divide by 12 leaves $654,166/month. One could say that they anticipated needing to raise 10 million and have already raised 2.15 million all to fund through the end of next June.

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