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Re: AlwaysOptimistic post# 41498

Friday, 09/14/2018 11:04:38 AM

Friday, September 14, 2018 11:04:38 AM

Post# of 114440
That's a very interesting post.

And I'm not questioning the validity or the valorization of the company. All I'm saying is that in those 5 and half years that Mark has been in this company, his plans of securing financing were a bit too risky (Naturally, this is a risky investment)

I'm not sure how much money he has spent in all that time, maybe $60 million? And how much more money he needs to raise before securing the financing?

By December 2017, Niocorp was on a gradual decline, reaching 29 cents on December 7th. Thanks to the Executive Order, Niocorp got back on its feet. But assuming the Executive Order was not approved, the decline could have continued... question is: if that would have happened, would that mean the end of the Elk Creek project? Would Mark be forced to close the company if he is unable to secure additional funds from issuing stock? Would lenders give money if they see that the stock value is at a low rate?

In orders words: if everything remains constant, how much longer does Niocorp have until the stock value restarts a downward spiral?
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