We can only speculate on the status of financing. Except for Mark Smith, nobody here is able to give an definitive answer on where we stand. We can use our thinking to finetune our speculation based on accumulating insights and knowledge, but it remains speculation.
Obviously Mark Smith is not able to give us the answer, or at least not yet.
That could mean two things: Mark has no answer or the anwer is still being formulated. If he would have an answer, we would have known. So I am assuming option two: financing is still in the works. Do I trust we will get the best possible financing, yes I do, based on all the progression signs we have witnessed over the years and my belief in management.
My hunch is, that this so- called ‘ competitive tension’ Mark eluded to, will probably see that some parties may fall off and walk away and others may see this as a strengthening of their negotiating position and up their demands. It is a fluid, reitirative process, it takes (a lot) of time.
Further speculation on my behalf: the 750 Million Largo deal may have nothing to do with Niocorp but it could give a powerful signal to negotiating parties, that there is always an alternative. Mark actions are always trying to exercise maximum impact. Timing is everything for Master Mark.
Contrary to WalterC, It seems to me that it would make business and financial sense for Largo and Nio to intensify their relationships. WalterC does not belief that, but does not give any reasons why not. Maybe there are other reasons, cultural for example, that would exclude such a cooperation although that seems highly unlikely given that Mark runs this company as CEO for more than three years and the Largo organisation seems to respond quite well to what docter Marks prescribes. Together with the Largo shareholders we will have to watch how this plays out. Anyway, like all here, I hope to see a non dilutive financing deal for Niocorp soon.
Go Mark.
