Niocorp Developments Ltd (NB)

[Middleborder]

Always Optomistic & Monocle:

Regarding vertical integration; the question might be whether the current Niocorp financing search is directed solely at Elk Creek mine development or whether the search might include line of credit for the possible purchase of IBC? (which would require a vote by both shareholders.) I would think that the question of current financing should involve only the mine development at this time. (I am only answering my own Hypothetical question here. I assume the team's focus is on mine development only.)


There is the wider question of Largo Resources.

There was also some speculation on earlier posts concerning LargoResources (M.S. being the CEO), the repayment of $36 million in debt, the expected repayment of remaining debt in the 1st Qtr 2019 and their new Shelf prospectus. The question would be whether there would be some attempt at Merger or a loan to Nicocorp by Largo.

I hope that at this time they would focus on debt repayment.
I don't know what I hope after that point other than a dividend if the have a profit and higher share price. A merger? who knows.