If you research Lind, they have done financing for other small cap companies. This is how they make their money. By lending cash to speculative companies, not investing.
In NioCorp's case, I recall they were not allowed to short the stock but that doesn't mean they cannot manipulate. You see this happening with many speculative companies that are in need of cash.
NioCorp will have to do another raise because financing won't been in place until next year I assume. If the PPS is in the 0.50s, the next raise could be in the 0.40s.
Hopefully we can see some material news to push the PPS up before the next financing is required. Not another fluff new release like today. Maybe something about a scandium offtake, I'm tired of this board arguing over that.
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