Niocorp Developments Ltd (NB)

[PutzMueler]

Don’t confuse a Loan Guarantee, with a guaranteed loan.

The point you’re trying to make is understood, but your definition of what NioCorp has in its basket of goodies isn’t.

What are Untied Loan Guarantees?

The Untied Loan Guarantees (UFK Guarantees) are an integral element of the Federal Government’s raw materials strategy. They provide lenders to raw material projects abroad with cover against commercial and political credit default risks. In principle, the financed project needs to be eligible for cover in the light of raw material supply considerations and has to be in the national and macroeconomic interest of Germany. Additionally, the conclusion of a long-term supply contract for the financed project's raw material to a German offtaker is a prerequisite for cover.

https://www.ufk-garantien.de/en/products/guarantees/for-untied-loan-guarantees/untied-loan-guarantees.html#:~:text=They%20provide%20lenders%20to%20raw,and%20macroeconomic%20interest%20of%20Germany.