Niocorp Developments Ltd (NB): Stark12; Yr.Cmmnt: "a pre-production n...

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Re: None

Tuesday, 04/16/2019 9:34:25 AM

Tuesday, April 16, 2019 9:34:25 AM

Stark12; Yr.Cmmnt: "a pre-production net revenue credit of $265 million, which is generated during a six-month production ramp-up period (versus a three-month ramp-up in the 2017 FS) and is net of pre-production capital and operational costs".

My guess would be that this is from a prepayments recieved on the anticipated offtake agreement(s)? (Perhaps income from warrents being exercised at their anticipated strike price?)

Yes, with a rise in S.P. will come warrent exercises and share dilution, Nicht Wahr? Hopefull the overall increase in share value will overcome that dilution!

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