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Alias Born | 05/31/2014 |
Monday, September 26, 2022 3:24:09 PM
“This is the dilution that was expected with financing. Then, the SPAC is gone and the next move is getting Niocorp listed on the Nasdaq. Today's PR also basically disclosed that a reverse split will be utilized if necessary to get the share price high enough to qualify for the uplist. In this whole scenario, I'm absolutely okay with that. Great news that we have a plan in place for the equity portion of funding.”
The operative words in this passage are, —(if necessary)—
Let us hope it’s not NECESSARY.
MS has said years ago that he does not like reverse-splits!!
LM
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