Niocorp Developments Ltd (NB)

[SkiFunds]

Good conspiracy theory, but I don’t buy it. Everyone, especially Scott was very open about the progress and the issues with the plant. I don’t believe the team would hold back on anything. It’s risky and counterproductive.

Fact - It’s in NioCorp’s best interest to have the stock at or above the deal price of $0.89 when the deal closes. The higher the SP is the more likely GX holders will convert to NioCorp shares. That means NioCorp get more of the $300 million. If they hold back positive information the SP stays down and more GX is redeemed for cash.

Not likely.