Niocorp Developments Ltd (NB)

[OntInvestor]

Can this be extremely dilutive though? What happens if the share price falls to around 0.60, that means their conversion price is ~0.50 and for 10 million dollars, thats 20 million new shares.

Also, I think its the conversion of the stock and pushing the price down while shorting it. I recall in the previous Lind agreement from a few years ago, there was an agreement that Lind could not short. I don't see that in the recent Lind financing.

https://en.wikipedia.org/wiki/Death_spiral_financing
http://coralcapital.com/toxic-financing-explained/

Lind is well known in the mining industry for its dangerous financing practices.

Search google for "lind partners death spiral" might give you an idea.

I don't mean to scare anyone and maybe this might work out in a few months if financing is achieved. But this is too speculative for me.