Niocorp Developments Ltd (NB): They may be worried about the possibilit...

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Niocorp Developments Ltd (NB)

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Re: Boilermaker1 post# 62197

Sunday, 06/14/2020 1:38:02 PM

Sunday, June 14, 2020 1:38:02 PM

They may be worried about the possibility of a '2nd wave' of Cornona, (Fauci seems to be hinting at this..... especially with the election coming and some seemingly happy with the country in shut-down to make incumbent POTUS look bad etc.. etc....)

That possiblility that things get completely shut down again- then they would be paying on a loan with no construction under way... maybe they could get a clause in the loan providing relief/moratoriumm on payments if Covid prevents production. I wonder how other companies obtaining loans are dealing with the possibility of future shutdowns and/or if loans make provisions for this circumstance.

Just thinking out loud.... not trying to play devil's advocate or be a 'buzz kill'.... all JMHO>>

Happy Sunday..

NCT

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