Niocorp Developments Ltd (NB)

[ge11]

PutzMueler and Radar1977made the correct call on the SPAC.....should have been tabled.These posts are from the day we received the EXIM LOI.

PutzMueler

Re: the1road post# 91283

Monday, March 06, 2023 4:28:11 PM
Post# of 111612
I agree, the dynamics have changed big time.

We don’t need $300million while giving away 10 to one shares and then having a reverse split after that. Take the damn shelf registration down a little at a time and start building the mine.

If the company feels we need to reverse split sometime down the road because our dilution is too high that’s OK with me because it wasn’t a free giveaway to institutions adding millions of warrants.


Rader1977

Re: Prudent Capitalist post# 91178

Monday, March 06, 2023 1:21:45 PM
Post# of 111613
This is the funding we needed. The SPAC merger with GXII should be taken off the table. $800 million means we don't need to dilute our shares with a merger anymore.