With all this positive momentum for the domestic production of critical and rare earth minerals, Niocorp continues to languish. It appears the investment from retail and institutions have had enough of the all talk and no action coming from Niocorp management. Two feasibility studies and now a third one that hasn’t even been completed yet because they need more money. It’s absolutely nauseating.

Given all the recent news regarding critical and rare earth minerals, we should be way above where we were before the GXII. It appears the investment community is tired of Mark Smith and his team’s continuous incompetence.


https://amp.cnn.com/cnn/2025/03/21/business/trump-increase-production-critical-minerals-hnk-intl

https://www.mining.com/web/china-hits-back-at-u-s-tariffs-with-rare-earth-export-controls/

Oh yeah, I heard that financing was imminent……..OVER FIVE YEARS AGO!!!!

Imagine what the share price would be if financing really had been imminent in 2019. Sadly, we have had over 5 more years of complete incompetence since then. We have lost hundreds of millions in market cap, 1/10th of our original equity in the company, and years of our lives we will never get back. Mark Smith never fails to disappoint.

Yes, it’s very sad that those dreams are over. Mark really fu@ked us over with the reverse split and GXII deal. He definitely has shown his incompetence. We are the equivalent of over 460,000,000 shares and we are not even to the equity financing point. Mark is an absolute pathetic businessman.

That’s not the positive buzz I was hoping to hear.

The stock is trading at decade lows, but their salaries continue increasing. If their salaries were commensurate to performance, they would have around 80% cut in pay. I don’t know how they can continue to give themselves raises and bonuses given their pathetic performance.

What’s the feeling on things with Walter’s team on the other side of the pond?

You can count on that! Mark Smith never fails to disappoint!!!

As far as I know, but who really knows. The company has not had an open Q&A with investors for quite sometime. It’s no wonder the SP is where it is now. They need to stop being cowards and come face to face with investors. Prior to the disastrous GXII merger, they engaged with investors with webcasts and in person town halls frequently. They are loosing credibility every day with their lack of engagement.

WRONG, 12% of the Scandium is taken with an offtake agreement. The titanium will sell itself because of the unlimited use. We just need a management team that can get the project going.

FYI, Mark Smith never fails to disappoint…..💸

He clearly believes whatever Mark has told him. Unfortunately, Mark made a fool out of him and has damaged his credibility among his followers. I gave up on Mark after the disastrous business deal with GXII. I should have bailed, but I believed in Mark.

There’s only one thing we can rely on 100% of the time. Mark Smith never fails to disappoint!

Depending on how many holes need drilled. We are likely looking at $20 - $40 million. That’s a LOT of dilution 😢😭

Nice, we can all go back to bed for another year. If they have to get financing through equity means, we are going to be screwed. So sick to see our investment diluted into oblivion. Trading at a mere 20 cents for all of us legacy investors. Absolutely pathetic where Mark Smith has taken us. The merger with GXII destroyed our equity along with the share price.

Dean has a pretty stained history. I should have bailed when the GXII deal was announced.

https://www.nytimes.com/2002/02/11/business/how-executives-prospered-as-global-crossing-collapsed.html

They have become more passive than ever since the GXII merger. It’s almost like they don’t exist. Hardly anyone outside of this circle of investors knows anything about Niocorp. The marketing strategy of Niocorp is pretty sad.

Eh, I would be surprised if more than 70% of the eligible voting shares were even turned in, so yes, that is a significant amount of shares against

Actually, the vote against three of the directors was 10.35 to 11.18%. It’s enough to let them know people are fed up with their crap

Looks like Michael Masselli, Dean Kehler, and Michael Morris are not very well liked on the board of directors according to the official tally, Mark is running at 4th least liked.

Absolutely disgusting that we need a third feasibility study. It is very hard to have any sort of respect for this management team with the constant failures. This team billed themselves as veterans in the mining industry…….LMAO!

It closed up today at just under 23% and $1.2 billion market cap. Mind you, they don’t even have a feasibility study yet.

Meanwhile, Mark and his brilliant team are looking for spare change in the couch cushions. It’s absolutely pathetic that we have to continue to resort to predatory convertible debt financing to keep the lights on. We should have seen some results from all the time and money they’ve spent flying to conferences all over the world and Washington DC.

You would be just as well off to email or even call Jim Sims. Either way, management will not own up to their numerous mistakes and gross incompetence.

They are not having a live conference call and webcast with investors this year. Unless you physically make it to Colorado the AGM, you will not have an opportunity to ask management any questions and confront them about their awful performance.

Management has done very little in the area of damage control from the disastrous SPAC merger. Considering how poorly the share price is, it’s fair to say that investor’s confidence in this team is pretty low. They need to do something to gain investor’s confidence and get some traction. Another convertible debt financing to keep the lights on isn’t going to help.

Too bad we didn’t have a decent management team at the helm for our SPAC deal. Mark gave up a massive portion of the company to Dean Kehler and Mike Maselli for NOTHING. A deal that provided zero net capital. To make matters worse, we have had to resort to getting money for operating expenses through high risk convertible debt financing. Mark Smith must feel like such a tool for being taken so advantage of.

Yeppers, they don’t have a feasibility study or process of extracting the minerals yet, but they’re smoking Niocorp. Question, who the hell has Mark Smith and Niocorp management pissed off?!?!

Agreed, Mark doesn’t seem to be getting much love from anyone. He had a ton of support from Nebraskans in the beginning, but hearing what Ms. Beethe had to say and the fact they haven’t held a town hall there in many years, the local support is gone. They went from having a great presence in the area several years ago, occupying an office in nearby Tecumseh, attending town halls, getting locals to invest in the project, to completely ghosting the local investor community! They have a lot of damage control to do before they ever parade their presence there again.

They ended up closing at $18.55 today and they don’t even have their processing figured out and no feasibility study!!!! What does that say about what the investment community thinks of Mark Smith?!?! Absolutely pathetic! Mark, you must have made a lot of enemies through the years.

Eleven years and we are trading lower than we were then and with more than 4x the equivalent of outstanding shares!!! It is absolutely disgusting how poorly management has performed for shareholders. I hope this project gets financed and into production, but management needs to own their failures. VOTE: Make your voices be heard!!!!

https://www.accessnewswire.com/newsroom/en/niocorp-finalizes-plans-to-develop-nebraska-niobium-project-413659

Mark Smith never FAILS to disappoint!……..and you can take that to the bank of Yorkville and Lind 🫠FACTS

Absolutely no support! How can our project being shovel ready and with the current favorable environment for domestic mining of critical minerals be failing so miserably?!?!?! What say you Mark Smith?

Mark Smith never fails to disappoint. Financing is imminent, competitive tension among financiers, vertical integration with IBC Advanced Alloys on scandium master alloy, SPAC will be good, NASDAQ will be good, Stellantis deal, EXIM…….over 10 years of smoke and mirrors at this point.

Let’s be honest, Mark and Jim have an awful track record for maintaining shareholder value!

Having Gregory Wischer at the helm of the EXIM should bode well for Niocorp. He definitely understands the need to invest in domestic mining.

https://carnegieendowment.org/research/2024/02/the-us-military-and-nato-face-serious-risks-of-mineral-shortages?lang=en

Less than 7% institutional investment is nothing to celebrate.

I think Oliver might need to lay off the drugs for while and get a calendar.

“The operational launch, planned for January 2023, will mark the beginning of a new era in the U.S. mining industry.“

Given the highly favorable environment we are in right now with the Trump administration, if Mark doesn’t get some traction soon, he needs to give it up to someone who can close a deal.

There no reason this project should not be financed and construction beginning ASAP. The project is on private property, said to be shovel ready and the minerals are needed yesterday. By all appearances, Niocorp management has failed miserably to advance the project and maintain investor’s equity the past few years.

It’s been a decade since Mark Smith took over. Many of us here invested a significant amount of money into this project over the past decade. It’s painful how poorly things have been handled with the project. We were supposed to have mining veterans and seasoned businessmen at the helm. Unfortunately, we are seeing how incompetent management really is. I can’t understand how we go from shovel ready after the first BFS in 2019 to we need more drilling before we can get financing.

LCP77 has not had any effect on the share price. The share price is reflective of the incompetence of Niocorp management. The share price is the result of imminent financing that never materialized and the completely worthless merger with GXII.

Very sad, over a decade ago we were led to believe we were going to be breaking ground in a few short years. We have been told we were shovel ready and financing was imminent years ago.

Unfortunately, we have nothing to show for our loyalty except decade lows on our investment. It’s time for Mark Smith to either make things right with financing or face the consequences of his incompetence.

If the compensation is commensurate with performance, then they should be receiving 80% less their previous salaries.