Replies to post #47235 on Niocorp Developments Ltd (NB)

[PutzMueler]

Looks like your confusing debt with equity financing as far as this Finacial Post URL states.

“Molycorp Inc. warned on Monday night that it may not be able to continue as a going concern if it can’t fix its balance sheet. The Colorado-based company has US$1.7 billion of debt, including US$206.5 million of convertible notes that mature in June of 2016. It is bleeding cash from operations and is not in a position to meet its future obligations. Its cash position was down to US$212 million at the end of December.”

https://www.google.ca/amp/s/business.financialpost.com/commodities/mining/molycorp-inc-at-risk-of-financial-collapse-signalling-fall-of-rare-earth-industry/amp

I bilieve at IPO @ $14.00, there were about 80,000,000 shares outstanding and near the collapse of the REE run they had 244,000,000 shares out.

What does all that mean not much other than I don’t think Landmark was feeding misinformation as you stated.