Niocorp Developments Ltd (NB): So the GXII people got their money back...

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Niocorp Developments Ltd (NB)

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Re: jeunke22 post# 97512

Wednesday, 06/21/2023 9:13:17 AM

Wednesday, June 21, 2023 9:13:17 AM

So the GXII people got their money back even if they liked the project. Then a few weeks after the dust settles they can buy back the position they would have had if the had not redeemed all at a lower price.

Hmmm the saying "Having your cake and eating it too" comes to mind. Having their position in a project they like and having some profit. Not bad financial engineering.

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