Replies to post #112931 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Thats not true. They are doing what any bank would do in this situation which is to have the drill info (likely for REE's) re verified because the drill information came from an entity other than NioCorp. IE: Quantum Rare Earth or the Univ of NE. Most banks, probably most major financiers would ask the same of any company not specifically NioCorp if the the company requesting the loan had not done the drilling. That's my take. It is an easy request to JS to confirm if the drill request is for REE's. JMO

Its also not true that no institutional investor has invested in NioCorp. Nioman sent this list of institutional investors invested in NioCorp just the other day:

https://nz.finance.yahoo.com/quote/NB/holders/

[LCP77]

EXIM to MS:
How much is this project going to cost?
MS to EXIM:
We don’t know for sure. 5 years ago we ran numbers they were $1.2bill so we’re going with that assumption.
EXIM to MS:
So if we give you $800mm where is the other $400mm going to come from?
MS to EXIM:
You just have to trust me. I’ll get it! Promise! This next FS is going to be so great that peeps will be throwing money at us. Competitive tension don’t you know!’
EXIM to MS:
Since you called in your $4mm loan last year using toxic debt and destroyed the company’s stucture with a spac deal only a buffoon would do why should we trust you?