Niocorp Developments Ltd (NB): As I posted in July, I had a lengthy cha...

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Re: tedro84 post# 30784

Saturday, 11/18/2017 2:51:11 PM

Saturday, November 18, 2017 2:51:11 PM

As I posted in July, I had a lengthy chat with one of the guys at EulerHermes to discuss the general procedure and timeframe of the approval procedure. He confirmed that the entire procedure usually takes between 3 and 9 months.

However, what we are waiting for is the Preliminary Approval (not the letter of interest which has already been issued). In my understanding, this will be the document NB will need and use to secure the first financing round. As I said before, this might be achievable in the next 3 to 5 months.

I still believe we could hear from the guarantee program before the end of the year.

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