Niocorp Developments Ltd (NB): Three straight quarters with less than $...

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Niocorp Developments Ltd (NB)

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Re: Landmark8211111 post# 60862

Monday, 05/11/2020 9:33:54 PM

Monday, May 11, 2020 9:33:54 PM

Three straight quarters with less than $60k reported on hand. $3.5M in accounts payable and another million added to the MS loan. No warrants exercised. No noticeable change in the financial statements to account for the land options. All we saw in expenses was the monthly burn financed by MS.

Is it good news that the purchase options are cheap? Apparently no one else is offering much in the way of a purchase option. If one thought this was viable and had some money, there would be a hell of a lot to make on those options. Why no competition for them?

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