Niocorp Developments Ltd (NB)

[jeunke22]

Here is my two cents. Mark is an impatient man, he wants the best deal now instead of a possible better deal tomorrow.'Tomorrow is another day', to paraphrase a well known song. The best deal can only be obtained if you have ' leverage' in the negotiations. That means playing chess at two tables simultaneously. The table with the best deal now and the table with an even better deal tomorrow. A table with a buy out now to a strategic or private equity partner or building the mine with equity and debt financing tomorrow? If you use an analogous pattern looking at ''the money behind Molycorp'' you could build a case for a buy out , the creation of a new company and the sale of part of its shares on a bigger exchange, and as a Newco sell bonds for its financing. The question becomes than at what price are (51%-90% of) the current shareholders willing to sell their shares? Anyway to be able to lock in such a (theoretical) deal MS an team need to show that they are also able to find financing the 'traditional way'' and passionate and willing to build the mine. I can live with both scenario's.