Niocorp Developments Ltd (NB): I do believe there is high redemptions p...

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Niocorp Developments Ltd (NB)

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Re: the1road post# 91500

Friday, 03/10/2023 5:50:26 PM

Friday, March 10, 2023 5:50:26 PM

I do believe there is high redemptions possible. I only believe this based on the articles and figures I've seen online for SPACs. Maybe we have such a great project that many choose not to redeem, but it is what it is. The SPAC arbitrage crowd is still out there. They are only interested in the extremely low risk low % return.

I don't think company is worried about redemptions now that the EXIM bank is in the works. We are not there yet, but I don't think they much care what the redemption rate is. The fast track NASDAQ listing is the goal here. Just riding the caboose.

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