Replies to post #109188 on Niocorp Developments Ltd (NB)

[wagner]

Look into the agreement and what was already paid 2023 2024 in tranches

https://www.stockwatch.com/News/Item/U-by0836456-U!NB-20240226/U/NB

The Company has elected an Option 2 Pricing Period (as defined in the Standby Equity Purchase Agreement). Subject to the satisfaction of certain conditions contained in the Standby Equity Purchase Agreement, the Advance Shares will be issued at a purchase price equal to 97% of the daily volume-weighted average price of the Common Shares on The Nasdaq Stock Market LLC ("Nasdaq") as reported on Bloomberg Financial Markets during a pricing period of three consecutive trading days commencing on the date hereof.

The Company expects the issuance and sale of the Advance Shares will close on or about February 29, 2024

[NEgoodlife]

They push the price down intentionally so they can receive more shares for the cash they provide. Then they can lay-off for a bit, let the price go on and back up a little, and they can sell the shares off into the market.

[PutzMueler]

Perhaps it's because it was such a small amount of Money.
Hardly worth the effort. It's probably to pay EXIM Bank process experts
$170,000.00

Because I'm with you, It's not completed, as they still seem to have lots more shares to purchase, if NioCorp needs the cash.

[Dead On Arrival]

I have started to take a look at IBC and think that is the better risk/reward at present. Hoping there are not a flurry of lawsuits against the Mass. division. If not, the company looks to be digging itself out of a hole. Mark would love to see this one thrive and hit his price target of 1 dollar down the road. He would then not have to worry so much about Niocorp.