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If that’s true, then why in the fu*k wasn’t it done before!!!!!!!!!🤬🤬🤬🤬🤬
Makes me and everyone else here nauseous how you continue to deflect from management’s constant failures and incompetence!
This smoke and mirrors BS is definitely getting old. Yet, there’s still a handful of investors who continue to praise management for their incompetence.
Wonder when the boys from Centennial will have a town hall in Nebraska again. It’s time to answer investors questions and concerns. They can’t dazzle investors with their bullshit anymore.
FS, we don’t need no stinking FS!!! Just give us the $$$
The technology to mine and process the minerals will only get better in the future. Let’s wait another decade because the technology will be even better than it is today. We need to give management time to develop this. Thank god we didn’t get that imminent financing back in 2019!!! Can you imagine what a disaster it would be if we could have been potentially operational by 2016 when that statement was made in 2015?!?!? Whew!!! We just keep dodging the bullet by not getting financing!
https://nebraskapublicmedia.org/en/news/news-articles/elk-creek-niobium-mine-could-be-operational-by-late-2016/
Count your blessing that we have yet another year to collect on these cheap shares!!! Prudent Capitalist and his crew must be feeling very grateful.
Prudent Capitalist could not argue the truth behind everything you just stated. It’s absolutely sickening to see how Niocorp management has done the retail investors who have backed them for all these years. My biggest regret is believing in these guys, allowing myself to be convinced they were honest and trustworthy. They proclaimed that the GXII was going to be what we needed.
The GXII merger has shown to be a complete failure. After one year, we have lost hundreds of millions in market cap. We have added millions of shares of dilution. We are nearly 80% below where we were before the merger. I can not fathom why Dean Kehler and Michael Masseli were appointed to the BOD. I believed in them and I regret that. It will be very difficult for Niocorp management to gain investor’s trust and support back.
Heiko Ihle from H.C. Wainwright has had a buy rating for several years and his target has NEVER hit! He has a 48.70% success rate, which means he has a 51.30% failure rate 🫠 The fact he lowered his target is not indicative of positive results.
That’s not being negative or spreading disinformation as AO would proclaim, it’s a fact.
Ah yeah, sooooooo unreasonable since the price of rare earths are less than what they were when the last feasibility study was conducted. Just another moronic misstep from management 🤬🙄
If they had included them to begin with. Financing would have been a slam dunk when the prices climbed! Now they’re spending millions more on prices that are the same as before!
https://agmetalminer.com/2024/04/05/have-rare-earth-metals-hit-bottom/
This is frustrating, to say the least. Niocorp management failed to include rare earths in the initial pilot plant testings and feasibility studies. Now rare earth prices have plunged back down. If they would have just included them in the beginning, we wouldn’t have had to spend several years and loss of hundreds of millions in market cap. The incompetence is astounding.
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/rare-earths-price-plunge-drives-lynas-mp-materials-to-clamp-down-on-costs-80587464
We are at .23 pre reverse split. Other than Walnut, Mark (never fails to disappoint) Smith and a handful of insiders from over a decade ago, who is above their average SP? This is an absolute f*cking joke!
What’s the issue with kool-aid?!?? It was invented in Nebraska “Ohhhhh-Yeahhh”
https://history.nebraska.gov/publications_section/kool-aid/
The lenders are literally the equivalent to pay day loans for businesses that are desperate for cash. They are going to get their $$$ and they don’t give a damn what the share price is
It’s been working for them so far.
Niocorp management were very convincing when they first took over the reins, but they are clearly inept at closing a good deal. It’s beyond belief how bad they really are. Just when you think they couldn’t possibly be any worse, they surprise us with an even worse deal. One thing for sure, Mark Smith never fails to disappoint.
Retail investors still hold the collective majority of shares. There’s a lot more pissed off investors than you realize.
Yes, let’s remain positive after the complete failure of Niocorp management to deliver on the promises made on what a great “deal” the GXII merger would bring to investors.
Jay Bloom and Dean Kehler now own and control just under 7,000,000 (70,000,000 pre split), roughly 20% of the company. They own and control double the shares Mark Smith now. For what?!?!?
We (investors) literally PAID for this to happen!!!! Investors that are mad as hell. We are NOT weak and we are not going to continue to grab our ankles and take this!!!
The one thing you are right about, combined we are many and outnumber Jay, Dean, and you. The pissed off and disgruntled investors outnumber the pirates, but they’re doing all they can to change that. If they screw over the native Nebraska investors, they will be done and the mine will never be built in this lifetime.
Very sad how this Niocorp management team continues to make one bad deal after another bad deal. These guys were supposed to be the best in their class. Unfortunately, there were only seven people in the class and they’re all fighting to be the class clown 🫠
Where do you see warrants being executed at $3.30
YES, YES, and YES!
I am one of the idiots who believed in Mark Smith and Niocorp management. I bought their song and dance for the past decade. The real kick to the head has been telling investors what a great deal it would be to merge with GXII.
It’s absolutely incomprehensible how poorly that deal was and the hundreds of millions of lost market cap since. Then to add insult to injury, they continue to seek financing from toxic lenders and give themselves bonuses and raises with their poor performance!!! Here I am over 60% in the red and I am seeing red as well!
I’m not happy with management, but I do believe this is a good project. The failure of Mark Smith to complete a good deal with GXII has destroyed investor’s confidence in his leadership abilities.
We’ve had a confidentiality agreement with Morgan Stanley since 2014. I don’t see this engagement with JP Morgan having much of a lasting effect on the share price unless management follows up with a bigger news announcement this afternoon for next week.
It’s been a blood bath ever since Mark made the deal with the scumbags from GXII. Could anyone here please explain how Jay Bloom and Dean Kehler end up with over 3,000,000 (30 million pre reverse split) EACH with zero contribution to shareholders?!?!
Not to mention we are above the equivalent of over 360 million outstanding shares pre reverse split 🤬🤬🤬🤬
Lind, Yorkville, and GXII come to Mark Smith and lay out their deals.
“Mark, have we got a deal for you! This deal will bring in top dollar to us at a premium to the shareholders and the company will loose hundreds of millions in market cap”. Mark: “Sounds fantastic, where do I sign?”
Seriously though, Mark has proclaimed there has been competitive tension between lenders for years. Yet, he gives up a tremendous amount of equity of the company to GXII in a deal that cost shareholders $$$ with nothing in return. Then he has to go to Lind and Yorkville to keep the lights on and pay their ridiculous salaries and bonuses with toxic financing?!?! It appears we’ve had a lot of smoke blown up our arses over the years 🤬
Nice that you have that kind of pocket change.
Seriously, you just described yourself to an everyone here!…..lol
The “current” Niocorp management team for the last decade are comparable to the 1976 Tampa Bay Buccaneers. They only had to endure a year of loosing. We have had to endure a decade of losing! It’s time for a change!
Great video of Mark and Jim discussing the company finances! All of us investors are holding the bird. It’s time to stop being blind.
It’s been a decade! I don’t need to say anything to disparage this management team for their performance. Their track record speaks volumes! We are at a decade low SP. Every single investor here has an obligation to call this so called veteran mining management team to the carpet for their incompetence, gross negligence and overcompensation. You and AO need to seek help for your Stockholm syndrome.
This is why the majority of investors here have an issue with you. Every time someone questions management, you attack them. It’s sickening how you put management on a pedestal while they continue to give themselves excessive salary increases and exorbitant bonuses!
“When the debate is lost, slander becomes the tool of the losers.” - Socrates
After a decade of Niocorp management moving the goal posts, he has a point. I don’t understand how you can continue to give Niocorp merit for their poor performance. We have been giving management our time and money. There needs to be accountability!
I hate to think of what would happen if Mark doesn’t pull through on this. Unfortunately, his track record has been less than stellar.
It’s my understanding through the filing that a payment of $1.4 million will be due each month unless there is trading of at least $500K at a SP of $3.30 or greater for at least 5 trading days before the first of each month. I’m not sure how the payments would be distributed.
We will need $ and lots of $$$. The volume is not there and the SP is not there. Big news is needed along with lots of $$$. I’m not holding my breath, because Mark Smith does not fail to disappoint.
Let’s stop with the shell game between IBC and Niocorp. Watch the hand, pick the winner….Mark shuffles the three shells, one has Niocorp $$$, one has IBC $$$, but we keep coming up with the empty shell!!!
I am hoping someone takes over as captain of the Niocorp ship soon and gets rid of all the pirates on the ship. Would like to see Rio Tinto take the helm and get this ship before it begins to list. I can’t believe how poorly Mark has managed the company and lost $300 million in market cap
It’s either incompetence or intentional. Either way, management will need to answer for it.
Roller Coaster? More like falling off a cliff.
We are trading at $2.35 - $2.42 (.235 -.242 for the majority of us from the 1 for 10 split 😭) with less thank 15k shares traded so far. Looks like the boys in Centennial are going to need to cough up some $$$. Pisses me off how they are always falling short on their projections. Management’s constant failure to execute is why we are trading at decade lows.
It fair to say that Mark constantly misses the target. Mark never fails to disappoint.