Replies to post #87407 on Niocorp Developments Ltd (NB)

[NEgoodlife]

Nope. Still only has to be $18.

[PutzMueler]

The $18 price tag that was spoken of is for NioCorp to be able to force the exercising of warrants. That is only after the reverse split. If we were lucky enough to have $18 share price before the business transaction, we would not need a reverse split at all. NioCorp has a minimum share price they would feel comfortable with after joining the NASDAQ, and it looks like that SP is around $10.00 , considering the ratio they put in their contract with GXII.. As long as we could get to that share price we would not need a reverse split. But if we are not close to that share price, then a ratio respectively of that post transaction share price at the time would determine the ratio of a R/S