Niocorp Developments Ltd (NB): Yes, it is facinating. The totally ugly...

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Niocorp Developments Ltd (NB)

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Re: monocle post# 112699

Thursday, 05/30/2024 7:07:24 PM

Thursday, May 30, 2024 7:07:24 PM

Yes, it is facinating. The totally ugly terms of the $8mm loan are coming to roost. Do they pay Y/L back with their own money after giving up $600+k warrants? That is over $6mm warrants at $0.325 on pre rollback terms lol. Or does a director fund the due amount? Or do they default? Oh that would be ugly. The new terms would be bid bombing.

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