Since Mark spoke about huge interest and multiple options in his latest video, I like to think he leads us to 'the best option' as he stated. Let me elaborate what I think this best option would be.
As stated in the BFS this project will create huge long term value for its owners. Moreover the critical elements Niocorp ( scandium, niobium, titanium and other critical REE) will mine are of strategic importance to major global industries and geopolitical consideration and therefore , to put it simple, a contest between public financing/interests ( US, Germany, China) and private financing/ interests I would not be surprised if Chinese companies ( read Chinese government) have already been offering to finance Elk Creek. I remember somebody referring to that a while ago ( they finance strategic raw materials in every corner of the world). The Germans have already offered eligibility to their loan guarantees. The US Senate is about to formalize its critical elements. My bet is that (US) private equity ( with US govt. support) will be faster in capturing the strategic and financial value of this mine. Therefore the best option in my humble opinion would be a strategic partnership or better even a financial partnership with a private equity firm without need for other banks or loan guarantees ( no doubt an important additional security). This would see the value of Niocorp rise over time to production and beyond. A major and controlled equity participation by such a partner and at the same time the willingness to provide most of the funds for capital investment could see the value of all of our shares increase in various steps and keep dilution at a minimum.
