Replies to post #63108 on Niocorp Developments Ltd (NB)

[PutzMueler]

I posted a URL recently which states that more mining companies are finding financing through offtake agreement

[AlwaysOptimistic]

I tend to agree with masslanding. An initial loan may be the first step. That does not preclude a total financing package having been worked out. It may just be the first leg in financing supplied by the same or different financiers at a time. Mark is too smart to go get a loan for $25,000,000, start construction and wander around seeking addtl funding.

[douginil]

I agree with the thought that some type of commitment for the complete package is what will happen. Release of monies in tranches (sp?) according to the construction/development chart cash requirements and of course all sorts of positive progress milestones hit, etc.