Niocorp Developments Ltd (NB): Reading old EXIM NRs and it turns out th...

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Niocorp Developments Ltd (NB)

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Re: None

Monday, 05/06/2024 8:35:50 PM

Monday, May 06, 2024 8:35:50 PM

Reading old EXIM NRs and it turns out that the 6-9 month timeline for a decision after submitting an application came from EXIM, not niocorp.

The process from submission of a Phase I application to a final commitment of financing by EXIM, if any, is expected to take approximately six to nine months, and is subject to a number of risks and uncertainties, EXIM said.

I generally stand by my criticism of management here, but I was off base for giving them flack about a missed timeline in this case.

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