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Replies to post #110579 on Niocorp Developments Ltd (NB)

Replies to #110579 on Niocorp Developments Ltd (NB)
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Prudent Capitalist

04/12/24 4:12 PM

#110582 RE: monocle #110579

monocle: Are you reading this am's announcement of the $8 Million Private Placement of unsecured notes as being just a deal all with Yorkville? It was my understanding that, although Yorkville is a significant participant, it is not all with Yorkville, and that this is preferable to tapping the standby equity purchase agreement with Yorkville.
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AlwaysOptimistic

04/12/24 4:15 PM

#110583 RE: monocle #110579

Sometimes a company has to do what they can to take them over the finish line. Hopefully, that's the case with this latest announcement. I suggested the other day GX BOD's should consider loaning NioCorp the addtl funds to finish the FS. Just a suggestion. Reaching out to the CEO of Lynas is another one. All of them are billionaires though the CEO of Lynas would be more inclined to buy shares than loan money because NioCorp is a competitor to MP and Lynas. GX BOD's would be more inclined to loan money because they are already vested with shares.