Niocorp Developments Ltd (NB)

[OntInvestor]

Only the company knows how much cash they have left and when the PP is required or some other source of financing.

Them running out of cash doesn't mean that the project financing is imminent. I don't think its as close as we think it is and this isn't a bad thing other than waiting.

The more time they spent improving the project economics and hardening any of the unknowns, the more confident the financiers will be.

We all want the best deal possible. I've never had to be so patient with an investment and it does suck watching your money just sit there but I'm really hoping its going to pay off in the end.