Replies to post #24160 on Niocorp Developments Ltd (NB)

[GrowthMindset]

It wouldn't make sense to give more shares away if they thought Mackie was going to do the same thing as Lind and sell them all right away. This would drive the share price down and scare investors.

Both the pessimists and optimists share points worth noting.

One thing we can all agree on is nothing changes until the FS numbers are released.

[PutzMueler]

My apologies for being too aggressively sarcastic in my response to you, but being bombarded by others disappointments when I'm silently positive brings it out of me.

But why does there have to be any reason for the bought deal, other than Mackie wanting the shares at the same price as the last PP with warrants exercisable at $.85

It means they are confident in NioCorp and want a bigger piece of the pie.
No harm no foul imho

[arroneous]

1. Both financing and debt packages usually take longer than anticipated. They may want the additional capital from a timing perspective.

2. The more liquidity you have on the balance sheet at the time of discussions improves your leverage in the negotiation.

3. As someone else stated, minimum capital requirements for push to US based exchange.

4. Additional cash to being ramping up hiring of staff for the beginning of the production phase while the financing package details and paperwork are being completed. Another way to run parallel paths and improve speed to production.


There are 4 more off the top of my head. If you really think Niocorp was concerned about a lack of significant SP increase post FS, don't you think they would raise more than $1MM CAD. Also, wouldn't any share price appreciation be better to raise money than right now? Obviously, it depends on one's viewpoint, but the negative viewpoint, in my mind anyway, doesn't seem to add up. It is more likely that it gives them greater flexibility with little effort.