Niocorp Developments Ltd (NB)

[Skiluc]

I think you miss two of my points.

Yes, the shares transfer rate has been set as we speak. And yes there may be a penalty for any changes/withdrawal that might occur $30m.

The first missed point. If the Value of NioCorp was to rise to say $500M, perhaps from another finacing deal… the value of the penalty is far out weighed by the value gained with a change to the exchange rate. This has happened in the past, SPACs are reseachable to the gills. Look some up. All have a “set exchange rate” and yet so many various factors have made them change in the past.

Secondly, even if there is $30m penalty for canceling the deal with GX… think that would make Elon Musk(or alike) pause? Ha. Only talking about a $21B resource of the most desirable metals on earth. In a very convenient location. Think.

Lets be real folks.

Here is a scenario thats come to my mind in the past few days. What if the $30M is all that GX wants anyway? Let me explain. After listening to the dual interview, it’s very clear we are dealing with highly experienced and practiced CEOs. GX knows this deal will put NioCorp on the serious map. And if they think that NioCorp wont be made a better offer from other mentioned Options (B,C,E,F)… or flat bought out, well then i think they are delusional. They dont strike me as delusional. Even if its just another equity partner added. That only sweetens the pot, and GX isnt dumb enough to turn down large placement of capital… so they will renegotiate the rate.

Back to my point. $30M would be a great pay day for them just for being the first to make an offer, which put them into the spot light of, well, everyone.

Just food for thought.

Its a smart world out there.

Looking forward to REE update.

Cheers to the longs! Enjoy the weekend.