Replies to post #91336 on Niocorp Developments Ltd (NB)

[CritM3]

Thanks Boilermaker! That's what I was waiting to hear. Especially hoping we could see a shovel put in the ground before any EXIM funding (if it proceeds to a conclusion 6 - 9 months out).

[AlwaysOptimistic]

Boilermaker, I agree with Crit. Thank you for sharing projected timelines and reminding us of the company's original financing plan which appears to be the way financing is currently being proposed, Would also to propose to Mods to make your post a sticky. JMO

GLTA

[dutchfree]

agree! See page 27, on their presentation sheet, Niocorp website....they need the full 285 million investment to carry out all those elements of engineering!
This can all be done in that specific time frame when our 800 M ship arrives.....I'm so happy!!! Almost dutchfree!

[Prudent Capitalist]

Actually boiler, will likely end up closer to 80/20 as the merger and loan would hit right around $1.1 Billion or more. In any event, we have understood all along that some amount of equity funding is necessarily involved, and that it would cause some dilution. But it moves the project forward, and once the mine is up and running with full production there will be more than enough $$$$$ to go around for everyone.