HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: june 30 2018
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The maturity date of the Convertible Debenture has been extended until June 30, 2018 (previously December 31, 2017) with all other terms and conditions remaining the same.

I was just wondering what was the reasoning to extend the debenture only till june 30 and not one full year to dec 31. 

One reason could be that Noront has plans to have funding in place that would be sufficient to pay off the loan ?

Another i can think of is that the direction of the ROF will be obvious by June 30 and RCF will exercise its option to acquire Noront shares and make take over bid, or RCF and another entity to make takeover bid.

Just my thoughts and possibilities about the timing of this extention,any one have thoughts about this development they can share?

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