Niocorp Developments Ltd (NB): We still don't know the details of the t...

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Niocorp Developments Ltd (NB)

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Re: The_Gman post# 111958

Tuesday, 05/07/2024 12:38:56 PM

Tuesday, May 07, 2024 12:38:56 PM

We still don't know the details of the term sheet, but that may come soon in NioCorp's next PR.

I wouldn't be surprised if the term sheet is for a loan that exceeds the $800 million that was originally requested.

Remember - EXIM has now conducted many months of due diligence on this project at this point, and a figure above $1 billion may be determined to be the necessary loan to finance the mine.

Bullish

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