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Thursday, June 08, 2023 7:49:19 AM
I am also glad the dilution did not come from GXII shareholders as that is not really the type of skin I want to see in the game, diluting my shares.
I would much rather see equity being given to someone who is actually going to use our minerals. They would be far more likely to hold onto those shares, and not sell them as to lower the share price.
I’m not sure when NioCorp will start making money and how much, prior to completion of the mine, but that can also be used to further our goal of paying the bills down the line.
If EXIM debt gets first dibs, then I don’t see why they would not be interested in funding the entire project because if there is a default, then what’s in the ground is all theirs, and they need it.
JMO
Thanks again for your post
Go NioCorp Go
Follow the Technicals, or be Fundamentally too late to the Party.
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