Niocorp Developments Ltd (NB)

[Prudent Capitalist]

Actually boiler, will likely end up closer to 80/20 as the merger and loan would hit right around $1.1 Billion or more. In any event, we have understood all along that some amount of equity funding is necessarily involved, and that it would cause some dilution. But it moves the project forward, and once the mine is up and running with full production there will be more than enough $$$$$ to go around for everyone.