Replies to post #110529 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Great find Wagner. In the article, it mentioned that "The letter of interest indicates that Perpetua - which counts hedge fund manager John Paulson as its largest shareholder - has cleared the initial loan requirements to start the formal application process, which is expected to take 12 months." Initially, NioCorp indicated it would take 6-9 months for their application process.

Nice to see NioCorp being mentioned in the article: "In addition to the potential loan for Perpetua, EXIM has announced letters of interest with Australian Strategic Materials (ASM.AX), opens new tab for a rare earths project, as well as to niobium miner NioCorp (NB.O), opens new tab and titanium recycler IperionX (IPX.AX), opens new tab."

[dutchfree]

Lithium americas is linked to GM . Niocorp will be linked to stallatis

[NorCalTommy]

Wagner- thanks for the Reuters article link re Perpetua, i found this statement interesting..

"The $1.8 billion loan figure is based on an EXIM formula tied to the number of construction, operation and reclamation jobs at the mine. The project was forecast in 2020 to cost $1.3 billion, a number expected to rise due to post-pandemic inflation". (note*** how they always blame the inflation on the pandemic, not on the 'drunk as a sailor spending on stim checks and paying people not to work, and all the other spending during and AFTER the pandemic....our gubment is a shameless buncha hosers eh?? :)

Also... just thinkin' out loud here......... maybe we (NB) should have asked for the total mine construction cost (which is greater than $800M), cuz i'm seeing some other big multi-billion dollar EXIM applications, i.e., Perpetua is asking for $1.8B

and it appears their application is expected to take 1 year, which is probably the time expectation that should have been set on NB's EXIM loan instead of the 6-9 month expectation statement made in our PR last year in March/April.......

It's TIME NB..... LET's GO!!!! YOU CAN DO THIS!!

PS....

Jim S., if you are reading this board i just want you to know that i vote for selling the company off for range $2.5- $4B, this is merger/acquisition season in the mining sector per news trending lately. You and management have gotten it this far... kudos.... now, let's let some Full Time outfit take this asset to production...... We (well probably most of us) would all be VERY happy with this arrangement and be able to spend lots more quality time with our families.... i don't think that you and Mark want to be working on a mine every day in your high 50'/60's, Sell it off and enjoy life...... Scott would probably want to stay on and oversee the mine construction, he would be a great asset to keep on the project, albeit with another company....... Thanks for hearing me out .... NCT / Yadddda

NCT

[PutzMueler]

Must be nice to get the golden goose. 15 year repayment
Plus, special consideration??

Letter of Interest indicates potential financing could provide 15 year repayment tenor under EXIM's Make More In America initiative and may be eligible for special consideration under the China and Transformational Exports Program.

https://www.newswire.ca/news-releases/perpetua-resources-receives-indication-for-up-to-1-8-billion-financing-from-export-import-bank-of-the-united-states-for-stibnite-gold-project-896832717.html