Replies to post #48388 on Niocorp Developments Ltd (NB)

[Big Casino 1518]

You are only focusing on one scenario.

Yes, he's making interest on his loan.

The second scenario, which you didn't read, is if things go south, he can personally foreclose on the loan he made to NioCorp, and claim all of NIOCORP's assets for himself.

Which according to SEC/SEDAR filings is about 100 million.

Pretty good deal, huh?