Niocorp Developments Ltd (NB): The burn rate did not change significant...

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Niocorp Developments Ltd (NB)

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Re: monocle post# 56096

Monday, 11/18/2019 8:31:14 PM

Monday, November 18, 2019 8:31:14 PM

The burn rate did not change significantly. In Q1 accounts payable and current accrued liabilities increased $300k, cash on hand decreased $300k, and ~$100k was drawn from the smith line. It’s still a three month burn of about $750k when you add it all up.

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