Nice to see you back Blairman. From Niocorp's website....
"As of September 30, 2016, the Company had total assets of US$13.0 million, total liabilities of US$9.3 million, and a working capital deficiency of US$0.4 million. These figures compare to total assets of US$15.2 million, total liabilities of $9.1 million and working capital of US$2.3 million at June 30, 2016".
"and a working capital deficiency of US$0.4 million" is another way of saying ... "Oh, and by the way, we are currently insolvent".
So yes Blairman - "stalled" would be an appropriate description.
CXX Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held