Niocorp Developments Ltd (NB)

[freedom5]

Just spoke with Jim Sims. I learned that the 100 page Report is a 3rd party
Technical Engineering evaluation of the FS that banks ultimately require. Banks want independent review of the
Technical Work done in the FS. The 3rd party firm was contracted with before the FS was completed. The 3rd party evaluation is NOT SLOWING up financing efforts. In other words the banks and major equity players take months to analyze the FS. And ultimately require the 3rd party TECHNICAL review.
Typical financing of a project this size can take 1-2 years to complete. But Niocorp has a very aggressive goal to achieve financing in under a year they think in terms of months!! But that is a goal!! Financing is done when it's done there are many moving parts and milestones along the way!!
I also learned that Jim is no longer able to post on this board.