Replies to post #110517 on Niocorp Developments Ltd (NB)

[Prudent Capitalist]

Where are you coming up with Jim Sims earning $350,000? He does not get paid enough to be listed in the Proxy statement with the other 3 - Mark, Scott and the CFO, who combined with salary and Boneses made less than $1 Million all together?

[AlwaysOptimistic]

Just my opinion, but, I think the revised FS is more for Stellantis than EXIM. Without a revised FS, how can NioCorp secure a REE off take? The most recent FS, however, is sufficient to prove to EXIM that the pre existing minerals will be profitable enough to pay off an EXIM loan so I don’t see a barrier to NioCorp obtaining a loan with just the existing FS. JS’s has written on multiple occasions that a FS is not necessary to secure funding from EXIM. If NioCorp needs to raise money to finish and publish the revised FS, perhaps one of the wealthy GX BOD’s can loan the company at a reasonable interest rate. It’s in their best interest to see the revised FS completed so Stellantis can sign an off take agreement for REE’s.