Niocorp Developments Ltd (NB)

[Middleborder]

Brian 1976; Your; "Both of these pieces of info seem to have no substance and only speculation"

Having a shelf filing is substance and indicates that management anticipates need to take action quickly without the normal drawn out issue procedure. Whether it will be financing associated with start of building or issuing shares as part of debt service or management compensation is not known. See previous conversation regarding share price and share dilution.

While management is limited in the amount and type of information they can release there is an increase in communications from management. Mark indicated that the frequency of new releases would increase the closer they came to financing/building. Not as much substance.

The substance everyone is looking for is the release of the REE results and an addendum to the existing PEA with updated marketable product figures, hopefully before the Annual meeting in December.

The SP rise. I think that another obvious factor in the price increase is passage of the infrastructure bill. While management does not want government funding it might be something they rely on for a loan guarantee or strategic stockpile off takes.

Glad you took time to post, see Monocle's post for more info. There are a lot of us on the board. Waiting... Patiently!