Replies to post #84261 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

Putz,

I’m not thrilled with the dilution element of this deal, but realizing Mark is by far the largest investor, makes me think that sometimes the best deal is the deal you can close in the shortest time frame, that won’t sink the ship. They’ve lost three years waiting on the other investor to liquidate assets, work though KYC regulations, ride out COVID etc. Many on this board have said we need a deal now, timing is everything. We’ll this may not be the dream deal a lot of us had envisioned. It is a deal that provides 25% of the funding and puts the company a much stronger position to close the other 75%.

I like NEgoodlife’s analogy of: 5% of a Costco sized cherry pie vs 10% of a small frozen grocery store pie. Without funding we don’t have an oven to bake the frozen pie.

[Landmark8211111]

$5 should be a walk-in the park! …

I agree.