Niocorp Developments Ltd (NB): If that’s what you think then the logica...

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Niocorp Developments Ltd (NB)

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Re: GrowthMindset post# 60787

Thursday, 05/07/2020 10:19:30 PM

Thursday, May 07, 2020 10:19:30 PM

If that’s what you think then the logical conclusion is that it’s dead in the water.

No one refutes the local government support. Does anyone think the local government or even federal government is going to fund this?

You acknowledge the company claims it’s not dependent on government investment. If not government, then where will the financing come from? Why hasn’t a single institution outside of Lind, the death spiral financier, shown any willingness to invest in this company?

Do you really think this company is suddenly going to come up with a billion dollar commitment when they have never gotten any financing outside of Lind, MS loans, and private placements from retail investors? Why is that? Why doesn’t anyone else want to invest in this when they can get in so early at this low price?

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