Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Not sure what is going on behind the scene but am hopeful this temporary financing ties them over until they get approved by EXIM. I agree on Stellantis, they will need a FS for a REE off take but Stellantis doesn't need a FS to provide NioCorp equity financing such as purchase of the $200,000,000 shelf registration as they expressed a possible interest in providing equity in their PR in addition to a REE off take. Maybe the strategy for NioCorp is get the loan from EXIM and use part of that money to finish the FS. Hard to say.