Niocorp Developments Ltd (NB)

[OntInvestor]

I have expressed the same concerns as you. I'm worried about how management is going to naturally raise the PPS to acceptable levels for dilution without a RS especially when the PPS is being depressed by a daily seller. Some things are out of their control.

I recall Mark saying in one of the latest videos that the equity and debt sides have to come together at the same time. If they are currently in discussions for the equity, are they using the current PPS? I asked this question the other day on the board but haven't received a response. Maybe I'll shoot it over to Jim.

I can't see Mark allowing a large equity package to occur at 0.50 CAD. He has to have something up his sleeve. I would have already sold my shares if he didn't hold 20 million. He has a lot at stake.

Regarding the next small raise to allow operations to occur, hopefully its private placement to respectable investors that will hold the stock. We don't want to see the PPS drop into the 0.40s CAD.