Replies to post #40693 on Niocorp Developments Ltd (NB)

[JohannaBaks]

During the hearing Jim's answer on the question 'how it goes with financing was: "very well".

I wonder, with you, why presenting then during this Investment Conference?

I hope we learn soon about that.

[AlwaysOptimistic]

Or they're using the conference and greater exposure as a negotiating tool to sharpen the pencil and create a bidding war for new and existing interested parties. I'm in sales so I know how to create that synergy and Mark does too. It is consistent with what Mark and Jim have said which is to have more investors than you need interested in the project. I cant say 100% this is what is occuring but I would not stop showing off the project to interested parties until I had signed contracts. Another possibility is they have some institutions lined up and need a couple more to close the gap. Its probably better to have more than 3-5 financiers or more lest one or two big conglomerates have too great a stake in the project and dominate how the project is managed. Unless we are sitting in the room with Mark and Co, we will never know what is going on behind the scenes but for the first time, Mark has a project he can easily pitch now that so many loose ends have been tied up and the compsny has greater media exposure.