Niocorp Developments Ltd (NB): They owed 2.9 million at the end of June...

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Niocorp Developments Ltd (NB)

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Re: PutzMueler post# 54046

Sunday, 10/20/2019 9:24:16 PM

Sunday, October 20, 2019 9:24:16 PM

They owed 2.9 million at the end of June with just a couple hundred grand on hand. 10K says the burn is $370k/month. MS added $125k since then.

The homers are right. Big news is coming soon. $3-4 million in current liabilities with less than $200k in cash on hand. All major land options expire this spring. (The company is worth nothing without the mineral resource rights) The optimists are right, big news is definitely coming soon.

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