Replies to post #113854 on Niocorp Developments Ltd (NB)

[PutzMueler]

I don’t understand why you would want 1/5 of the money for the warrants to be exercised?
We are stuck with the warrants already, so why make our shares worth less due to the exercising at $2.00 ?
That would signal desperation and a sell off.

I also don’t know why you would want the price lowered so a few shareholders can make a fortune at your expense and my expense.
Millions of share @ $2.00 make money immediately and everyone who is down 80% would be so angry.

Also if we leave strike price alone, and the share price does not go back up to $10 for five years then the warrants are completely dissolved erasing the dilution which would be a wonderful thing to me, if we are waiting the five-year period anyways. .
Sheesh. Why don’t you just call Mark and tell him to resign if you want our share price to go up,
Because exercising millions of warrants at two dollars won’t do it.

JMO

[RubeSilver]

I believe it would be impossible to lower the warrant price.