Niocorp Developments Ltd (NB): You are correct . 120 percent above 2,7...

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Niocorp Developments Ltd (NB)

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Re: LCP77 post# 110651

Monday, 04/15/2024 1:23:30 PM

Monday, April 15, 2024 1:23:30 PM

You are correct . 120 percent above 2,75 ;. I like that even better

If these conditions are not met Niocorp cannot force the financer to be repaid in shares. But I still like the optionality.

I also have a strong feeling they still want to be repaid in shares if the conditions are not met.. The lender does not have interest to see Niocorp go default. It is not a secured loan.

We will soon find out . Niocorp wants to pay them back in cash;

This is bridge financing..

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