Niocorp Developments Ltd (NB)

[NavyHusker]

But this is why management is terrible.

They are doing what any bank would do in this situation which is to have the drill info (likely for REE's) re verified because the drill information came from an entity other than NioCorp.

A good management team would have known or at least asked early in the process exactly what criteria would need to be met in order to qualify for the EXIM Loan.

We are about 15 months after getting the Letter of Interest and just this week told investors that EXIM needs additional information that will take 9 more months to get? What happens if they have problems getting a kiln or some other lame excuse for delays? Why the hell didn't they know what the criteria was very early on in the process? This should have been known.

So more delays until the next set of delays appear. Remember when this was called a "world class management team"? This is probably worth another $100k bonus for learning how to qualify for the loan 15 months into the process.