Niocorp Developments Ltd (NB): I can’t believe there have so many posts...

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Re: monocle post# 40879

Thursday, 08/30/2018 8:09:32 AM

Thursday, August 30, 2018 8:09:32 AM

I can’t believe there have so many posts over the news the last few days. The news Monday, while likely required to be disclosed, was fully expected. Tuesday’s news is an event that has happened in the past and should continue into the future - post financing even.

Yesterday’s news may have surprised some and would certainly be disappointing if you thought financing was near. Otherwise it was necessary and should have been expected. It shouldn’t be spun as positive until a large institution steps forward for a placement. As Advocate keeps referencing, the $20-$30MM that MS wanted in early 2019 would have made this and the June Lind transactions unnecessary.

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