Niocorp Developments Ltd (NB): There was something, I think I posted it...

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Re: NorCalTommy post# 112048

Wednesday, 05/08/2024 7:48:06 PM

Wednesday, May 08, 2024 7:48:06 PM

There was something, I think I posted it, but can't find the post or the info. It's a conditional loan, so I'm wondering if the extra $275 million they raised shortly after was part of the conditions.

While this Conditional Commitment represents a significant milestone and demonstrates the DOE’s intent to finance the Project, certain technical, legal and financial conditions, including negotiation of definitive financing documents, must be satisfied before funding of the Loan.

https://finance.yahoo.com/news/lithium-americas-receives-conditional-commitment-090000020.html

There were also some potential issues with One of Earth's rarest wildflowers is in the crosshairs of a lithium mining juggernaut but I guess they worked that out.
https://boingboing.net/2024/05/07/one-of-earths-rarest-wildflowers-is-in-the-crosshairs-of-a-lithium-mining-juggernaut.html

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