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Friday, 07/20/2018 9:39:28 PM

Friday, July 20, 2018 9:39:28 PM

Post# of 111803
The more I think about it this Largo Announcement is HUGE! Mark has stated there are several parts to a large complex deal. Usually A is waiting for B , C is waiting for D to act etc etc. This Largo formal announcement freeing up a minimum of 84 million is not by chance. I doubt it's a loan. Lenders do not make the returns of investors. They are separate roles. No way these investors are selling shares of Largo to lend Niocorp money. But they would invest!!!
Hypotetical: After Capex reductions 900 million is needed.
A deal of 600-700 million in loans, requiring equity investors of 200-300 million. The 200-300 million come from several sources. The lenders won't commit until the cash is committed first. Equity groups B & C are waiting on Equity A. A is waiting for lenders to line up. This group selling Largo Shares is Equity group A !!! Then all the other pieces fall into place.
I absolutely believe these Largo Investors with $84-96 million are a huge piece of the puzzle. But it's my opinion, but it sure makes sense!!
What's not speculative is people very close to Mark Smith will all have a huge sum of money to invest. And they just happen to have it at a time when Jim Sims says "we are working 24/7 to complete financing". It all makes sense!!
Hope this makes sense. I'm tired and trying to say a lot without going to long.
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