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UnlimitedPower

01/07/19 11:44 PM

#45060 RE: Landmark8211111 #45058

I don't think so. I posted what I found in its entirety and I didn't see any reason for the $750 mil. That is what started my speculation because I couldn't see why they needed so much cash. Even with Largo's expansion, I can't see why they would need to raise so much money. Largo is producing and selling their product and they have been paying off debt for the last six months... The only thing I could think of was Mark's connection to Largo and how they can use those funds in case negotiations stall. I would think Mark could use Largo as leverage to say we have the funds to begin this on our own. If you (another investor) wants to be part of this, then these are the terms that we (Niocorp) would like. Largo's participation in NioCorp may also help secure the German loan as well... I have no idea if this is correct but I just thought the Largo info was interesting...