Niocorp Developments Ltd (NB)

[Prudent Capitalist]

I am not sure monocle. That is necessary boilerplate language you see in many 10-q's. I have felt that the next major parcels of funding will come from 3 sources: the NDAA appropriation earmarked for NioCorp, the expected equity investment from Stellantis that should be announced in conjunction with finalization of the Offtake Agreement per the prior MOU, and the EXIM loan. In between there will likely be some necessary fund raises, e.g. like the PP announced a few months ago, when there were some investors who wanted to invest a large sum without running up the market share price so the PP was put together. That is preferrable, IMO, to tapping the Yorkville facility, if possible. Those are my thoughts. Thanks for the thoughtful question and exchange.