Niocorp Developments Ltd (NB): On what exactly? Semantics? The company...

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Niocorp Developments Ltd (NB)

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Re: PutzMueler post# 28842

Thursday, 09/21/2017 8:12:43 PM

Thursday, September 21, 2017 8:12:43 PM

On what exactly? Semantics? The company needs $8MM to continue pursuing financing over the rest of the fiscal year. You can figure a "burn rate" if you'd like, but that does nothing to further the project. Stark pointed out some additional details which I do not dispute. It simply takes more than a "burn rate" to advance this, which is where the $8MM number comes from. Other than nitpicking, I don't disagree with anything he's posted on this subject.

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