Replies to post #33580 on Niocorp Developments Ltd (NB)

[freedom5]

I doubt Lind Partners just invested $3million according to recent filings,
Without knowing things we don't. Nordmin isn't going to sign agreement if they fear non payment!!
Nordmin might end up taking some or much of the payment in the form of shares? I suspect a deal with Export Development Canada is much closer than stated.
Plus who knows how many contingent commitments hang in the balance? Mark has often said, their are multiple parties at the table and B will go in once C does, and A will go in once D does their thing, E will once C&D does, etc etc
I'll bet that $180,000 Mark put in was needed to get the dominos to start falling?
One thing we all agree on is we'd prefer the share price much higher before any substantial equity portion is done.

[Boilermaker1]

With what money indeed-
If there IS going to be equipment on site in late spring that equipment will not come free. It will take money. They have retained the Engineering company that will supervise the testing (Nordmin.) But, they will need a company to drill these wells. I suspect the 2.5 million is enough to pay for quite a bit of engineering. I doubt it will go far for on site work. JMHO but I doubt there will be any equipment on site unless there is a bigger financing announcement. I am strictly guessing but I assume the reason for the Nordmin contract now is so that when financing is announced work can begin ASAP. The detailed plans will already be done.