Niocorp Developments Ltd (NB): This bank only has $10MM in tier 1 capit...

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Niocorp Developments Ltd (NB)

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Re: AlwaysOptimistic post# 41232

Friday, 09/07/2018 10:27:40 AM

Friday, September 07, 2018 10:27:40 AM

This bank only has $10MM in tier 1 capital available. That is only $2MM above their required capital amount. I don't see a hometown bank hiring a mining expert to do a risk analysis for any significant investment here. In addition to typical personal banking needs, these banks tend to be agricultural specialists.

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