Niocorp Developments Ltd (NB): Th, your idea is worth NioCorp consideri...

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Re: monocle post# 113840

Sunday, 07/07/2024 9:00:40 PM

Sunday, July 07, 2024 9:00:40 PM

Th, your idea is worth NioCorp considering. If the company was willing to amend the strike price from $10 to say $2, that would raise significant funds for the company to pay for the extras such as more drilling, additional engineering work and a revised feasibility study. From what my broker explained some time ago, the funds generated from exercising the warrants go directly to the company. If the company can raise money via a lower strike price in range of what the share price is today, it could conceivably raise the share price on news that NioCorp is back in the game with the funds they need to pay for more drilling, additional engineering work and a revised feasibility study.

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