Replies to post #41404 on Niocorp Developments Ltd (NB)

[tedro84]

Much interest by retailers. Australian mines inked a $12MM convertible security yesterday with a US firm at 0% interest and no warrants. All of the Lind deals for NB have come with 10% interest and warrants. I’d like to see a real institutional investment into Niocorp to provide plenty of solvency while they pursue offtakes, alloy patents, and ultimately larger financing; but not before mid January.

There are about 12 million shares worth of warrants that will expire worthless if we stay under .72 CAD until 1/19. No reason to give up 5% equity over four months.