Niocorp Developments Ltd (NB): Yes, this could be given. I understood i...

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Niocorp Developments Ltd (NB)

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Re: ge11 post# 99537

Monday, 07/31/2023 12:43:55 PM

Monday, July 31, 2023 12:43:55 PM

Yes, this could be given. I understood it’s a stamp of approval that the request meets the financial guidelines before it enters the more serious due diligence phase. The fact that we haven’t received this could mean two things: 1. Financial guidelines were ok and the project has moved into the diligence phase 2. These guys haven’t started to look at the project yet. My personal option is that all guidelines were met, the application was sent a few months ago and we are well into the due diligence phase.

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