This is how I understand it......LGO and big stakeholders in LGO want to distribute (sell) to raise 750M in cash. Absolutely no reason given - and that ain't no small chump change of coin either. I once said to watch the price of Vanadium as the Chinese impose exports bans on Vn, then watch the price of LGO run up. Then when LGO was worth 1.5 or 2B, take some of this off the table and finance the other project. This is what has happened in the past 18 mo. but I thought they would've tried to raise this 750M sooner.
If this is what is happening, then why not just do it this way and screw the financing? LGO's price would suffer in the short term, but you'd be building a special alloy mega company. If I were Alberto and Mark and the rest, this is the way I'd go. Why divy up the pie with other financiers on their terms when you can just do it yourself and benefit a helluva lot more?
Germans in for $200 mil and LGO in for $750 mil. Also I wouldn't be surprised if US govt is draggin their heals trying to get a better rate of return for their possible lending. Betchya also Mark is tired of waiting and messing around, and has decided to do it on their own accord. I doubt once the 750M is distributed, it will be used as leverage in negotiations. I'd call it a done deal and just use it. Betchya also the US govt didn't want to give them as good a deal as the Germans. I have a feeling that has been what taking all this time... Screw em. Dealing with and waiting on the US govt has cost them a lot of time. In my opinion Largo and Niocorp will be become one mega minerals company and it will be damn good for us Niocorp shareholders...plus Largo has the employees and know how to operate mines....Just my opinions as a very long term shareholder....I know Walter probably wont agree but I've been correct on my thinking on this over the years so far....I've been waiting over 9 years now....Onward CHARGE!
