Niocorp Developments Ltd (NB): This is not correct. The Mountain Pass r...

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Re: Landmark8211111 post# 53725

Friday, 10/11/2019 6:48:46 PM

Friday, October 11, 2019 6:48:46 PM

This is not correct. The Mountain Pass reopening was funded almost entirely by equity. The share price was high due to the rare earth speculation at the time so dilution was not bad.

Moly acquired Neo for 1.3 billion in which nearly a billion was financed. This was the start of their downfall.

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