Niocorp Developments Ltd (NB): 80% debt is optimistic but yeah, the equ...

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Niocorp Developments Ltd (NB)

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Re: Prudent Capitalist post# 100702

Wednesday, 08/16/2023 5:47:48 PM

Wednesday, August 16, 2023 5:47:48 PM

80% debt is optimistic but yeah, the equity portion was always going to come with dilution. Of course. But all they got was dilution and no equity with this deal. What was their goal? The only thing I can think of is Mark thought he could sell them on the project. And if he couldn't Yorkville was the emergency back up for a failed last ditch effort.. But okay, shake your head at me.

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