Niocorp Developments Ltd (NB)

[Middleborder]

Tante Duracell: A lot of good information in the previous posts.

You can place an accounting or hypothetical valuation on a real asset but there is only one real measure of an asset's worth, and that is the price a person or business has paid for that Asset. In your hypothetical example of a bankruptcy who knows the final valuation of Niocorp assets after the courts and lawyers are done.

I do not think that will happen.

If it came to that point I think Niocorp management would look for a merger with a larger mining company that retains our shareholder ownership. (I would like to think Largo Resources, but M.S. has already said that will not happen. )

I think the reality is that Management will continue to work for financing and eventually it will happen, may even be happening now. Lets see if anything is announced Thursday.