Niocorp Developments Ltd (NB)

[douginil]

Even before I read jwr's post #80533 I was mentally going through the steps and figured maybe Labor Day (early Sept) before a financing announcement. jwr estimates Oct 1st so we are both in the late Summer or early Fall 2022 ballpark.

I suspect that keeping the banks/investors in the loop about the demonstration work and results every couple weeks, per MS's comments, will be food to their staffs economic models (which may be as extensive as NioCorp's) and a final decision for the cornerstone investor/banker may come before the final FS 2022.1 is released. Or maybe it is verbally discussed but the formal FS 2022.1 must be issued before a legally binding signature is on paper.

Based on the video I suspect that the updated NI 43-101 may forthcoming in early or mid summer. Certainly IMO the data in the May 18th PR and its Table 5 of the Appendix provide much, if not all, of the data the modelers need.

It sounds like even though MS has options A, B, C, D, and E he still would like to have the entity he liked a few years ago (has it really be a few years) finally get the last components of its package to say GO. Maybe it is the 80% Debt Option.