Niocorp Developments Ltd (NB)

[tedro84]

I don't expect anything in August.

Assuming that Congress is yet again unable to pass a budget for FY'19. I don't expect any financing news until we start seeing the appropriation bills getting signed.

The recommendations from the Senate Committee on Energy and Natural Resources should give us insight into what to expect in an appropriations bill. Funds for a one time purchase seem to be a possibility. Reserves for a loan guarantee are another. Either way, the earliest you would see an appropriation bill would be late September, but if history is any indicator they are more likely to come in a series over a number of months.