Replies to post #30782 on Niocorp Developments Ltd (NB)

[Advocate77]

Thanks. I was aware of that already.

[tedro84]

This is the key. This document and others make it clear that before the guarantee is made that the financing for the entire project must be secured. Mark has led investors to believe that the guarantee can be used as a first tranche or to kick start financing. I asked Jim about this last week immediately after the investor meeting and have not yet had a response. I know he follows this board to a certain extent, so he knows now who I am. Maybe one of the other investors with a greater rapport can ask as well. I will resend my email next week.