Someone posted an example a while back on how EXIM upped the loan amount due to inflation and some other factors.
The more I look at this, the more it appears that many of these steps can be occurring simultaneously. The only hard timelines I'm seeing are the 25 day Federal Register posting that occurs after preliminary board approval, followed by the 10 day Congress notification. It even appears as though the External Notices step was probably the one that was just completed with the questionnaire.
We may be close to preliminary board action. The agenda is only posted up to May 9 (first May meeting) and that does not include NioCorp as it stands today. The board has met in the past in as little as a week and as often as 3x a month. Will be very interesting to see what the next agenda includes!
Someone can correct me if I'm wrong (which is quite possible) but when EXIM first came into the picture I think it was stated that they have a formula (number of jobs created, etc. I don't remember the details) and EXIM determined that $800M (roughly) was the max they could lend to NB. Could inflation figure into that number? I would think so. Does anybody else remember this? I don't have time to look it up right now.
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