Niocorp Developments Ltd (NB)

[Truth and Transparency]

Hate to burst your bubble that you live in, but the last time (2017) a potential lender (German Government Loan) hired RPM Global USA to conduct a due diligence assessment of our project. That assessment resulted in zero funding from the German government. Sadly, that was 7 years ago.

Financing was declared to be “imminent” years ago. We are way past the time that the term imminent was viably reasonable.

Niocorp management failed to provide investors with an explanation as to why that imminent financing did not happen. So excuse my lack of enthusiasm, but until the share price is anywhere near it was before the SPAC deal and they have substantial financing under their belt, my excitement will remain tempered.




https://www.juniorminingnetwork.com/junior-miner-news/press-releases/391-tsx/nb/31808-niocorp-and-northcott-capital-engage-firm-to-serve-as-independent-engineer-for-elk-creek-project-debt-financing-effort.html