There’s a little bird in the bush that’s saying financing is imminent.

I wonder how many Niocorp investors will be looking into this option? The extreme mental anguish and depression from investing in Niocorp over the past decade is certainly debilitating. Especially since the devastation that the GXII SPAC has caused investors this past year.


https://nypost.com/2024/04/02/world-news/28-year-old-woman-decides-to-be-euthanized-due-to-mental-health-issues/amp/

Niocorp will likely be headed to bankruptcy if we don’t have the EXIM loan by June 1, 2024. I can’t understand why they would have such a narrow window to commence repayment. How do they intend to pay the loan back with no income?!?!

I have my doubts on this deal after the complete failure of the SPAC deal. This is nauseating. It appears to be an intentional act to destroy the market cap and push out the retail holders that have been loyal to a fault.

It’s going to get much worse with the SMF in the Oval Office and the clowns in Centennial. You’ll probably vote to retain them all, which is why this country and this company are in such dire financial distress.

Pretty pathetic how it takes hundreds of thousands of shares being bought on the ask to raise the needle, but just a few thousand shares to drop it like a rock 🤨

They need millions to finish to pay off debt they have and continue the FS. It appears they are just taking money from predatory lender, Yorkville, to pay their salaries, bonuses and raises. Nothing except crickets from Niocorp management

They need millions to finish to pay off debt they have and continue the FS. It appears they are just taking money from predatory lender, Yorkville, to pay their salaries, bonuses and raises. Nothing except crickets from Niocorp management

Considering the complete failure of the SPAC deal with GXII, they are all significantly overpaid. These so called business and mining gurus in charge at Niocorp were taken behind the wood shed by veteran scoundrels from Global Crossing.

Very frustrating that we can drop .30 with just over 50k shares

I am in that same situation. I bought into the company because I believed in the project and felt we had an honest, trustworthy and veteran mining management team. The GXII deal pretty much destroyed my entire perception of the Niocorp team. They have lot of work to regain the trust and respect of investors.

We get it, you’re a day trader. No one wants the hear when you buy or sell. My guess is you probably shorted the stock and you’re panicking having to cover your shorts.

The really good news is, anyone that’s been shorting the stock is getting creamed 😂

Don’t be a boneheaded, if the company did another 01/10 reverse split, we would need to attain a SP of $300 to reach an equivalent SP of $30 today and $3,000 to reach that equivalent SP pre merger. Math is fun.

Even if the company did another 1 for 10 reverse split today, we wouldn’t be at $30. We are literally trading at .25us pre split. Many of us believed we would easily be at $30 before the split. Then the company did a reverse split and have diluted the company shares to the tune of over 350 million shares pre split. It’s absolutely sickening to see how poorly this company has been handled.

Are you not concerned that the company has admitted that the work on the updated FS has stalled because they don’t have the financial means to proceed at this time?!?! They are cashing in shares to Yorkville to keep their paychecks coming in and that’s not good!

Considering YOU have been wrong on everything, and I mean EVERYTHING, I think everyone here would agree that YOU are the ignorant bozo.

Honestly, I can’t imagine how you can continue to post on this board. No one takes you seriously and you continue to make a complete fool of yourself. It’s actually quite pathetic 😔

The biggest enemy of Niocorp is not China, it’s the incompetence of management to negotiate a good business deal. They pride themselves in their ability to have siphoned away investors money and relying on predatory lenders to keep going.

I feel sick to my stomach that I bought into this company and believed in management. They seem more and more dismissive of investor’s concerns.

I can’t believe they haven’t been doing a damn thing on the FS. They just keep drawing money from Yorkville to keep their paychecks coming. This revelation is of great concern. It appears the handful of management supporters are becoming increasingly smaller.

You mean the well respected man of his word that made a bet with one of the posters on this board, lost the bet, then refused to honor the bet?

I used to think Mark and Jim were honorable men too, but their actions the past 3-4 years have shown otherwise. Mark pumped up the merger to investors and how we should vote in favor of it. When the merger failed to bring any capital into the company, he expressed how he was not optimistic that the SPAC would be successful. Seriously?!?!?! I don’t know how any investor can support Mark at this point.

The boys in Colorado are just collecting their checks while waiting for financing to come in so they can finish the FS!!!! It is absolutely insane how management pumped up this merger, convincing shareholders to vote for the 1 for 10 reverse split, only to witness the complete collapse of the share price because they failed to produce a single cent from the merger.

Then to hear Mark Smith proclaim he had his doubts about the success of the merger. Why the hell would he give the sponsors of the SPAC majority control of Niocorp when they failed to provide any financing?!?!?! I sure hope they have an answer soon or investors will be calling for an investigation.

FACT: We are no further along today than we were before the merger. Unfortunately, we are worse off with a loss of $300 million in market cap and lows that shareholders have not seen in over a decade. Not to mention the massive dilution of shares and handing majority ownership to the clowns from the failed GX SPAC.

Years into a demonstration plant, yet no updated FS. Seriously, WTF is going on?!?!? There’s no reasonable reason this should not be completed. Mark Smith never fails to disappoint.

Say what you want, but he’s been right for nearly a decade and you have been WRONG! I bought into your BS and you still have the nerve to come on here and preach your BS. Decade lows, massive dilution, predatory lending to keep the lights on, yet here you are running your mouth again about rainbows and unicorns

I’m sure everyone agrees with you. I mean what’s one more year of ridiculous salary increases and bonuses. It’s only decade of exorbitant salaries and bonuses. What’s one more year?

We seen our investment here plummet to lows we have not seen in a decade. We have had our shares diluted to 1/10th of what we started with. The SPAC deal resulted in zero capital and gave majority ownership of Niocorp to the sponsors that failed to produce a penny of capital and has resulted in a market cap loss of $300 million! So yeah, what’s one more year of overcompensation for our management team who continue to fail investors?!?!

They’re probably really busy right now trying to figure out how they can give themselves exorbitant salary increases and bonuses again without having shareholders storming the Centennial, CO office.

Do you or ANYONE know what this USREM company is about? If Mark and Jim are the listed contacts, they obviously know. According to ge11’s reply from Jim, he is clearly not forthcoming as to what the private company USREM is about. Jim responds that he and Mark provided advice to USREM, but they are the face of USREM on the TECHMET video 🤔

There’s something very odd going on.

Mark, Walter and the scoundrels from GX are clearly the majority shareholders now. They could sell Niocorp to this private USREM company (of which I can find no info), for say $5.00 a share (.50 pre merger) and the rest of us would be helpless in stopping it. The other insiders, Jim, Scott, Neal, etc. etc. have warrants on the cheap. They are all way under the average share price of most of us here.

Mark, Walter, the scoundrels at GX, and other insiders who were given warrants have majority voting power and could force the sale of the company and make it a private company. Something is not right here. Does ANYONE have any information on USREM?

It is absolutely unacceptable how the company has spent going on three years on a demonstration plant and still not capable of producing an updated feasibility study!!! Mark Smith never fails to disappoint!!!

Construction season will be in full swing in Nebraska in a few weeks and there’s zero movement at the mine site according to the contacts I have in the area. I’m going to bet NIOCORP’s next excuse for their failure to secure financing will be “It’s because it’s an election year”

Because……financing is imminent and there’s a great deal of competitive tension…..lol

Not falling for that one again. I heard that financing was imminent and there was a great deal of competitive tension between financiers over 4 years ago. In the words of Maury Povich “The results have determined, that was a lie”

I will hold what shares I have and hope that someone with better business acumen takes over. Mark has burnt investors too many times and that trust has eroded over the past decade.

That’s nice, we’ve lost over $300 million in market cap. That $10 million sure will be nice.

Decade low, 1 for 10 reverse split, and dilution in excess of 350 million shares at pre split level. I don’t think they will be celebrated or well received by anyone

Mark Smith never fails to disappoint. Here we are 2 years into a demonstration plant with no updated feasibility study. Failure after failure for 10 years

FACT: Mark is no longer the largest shareholder of the company. He was put on a pedestal by shareholders for many years because he was the largest shareholder and he loaned the company money to keep the lights on.

REALITY: He has received his investment back several times over with his salary and bonuses. His loan to the company was paid back with more interest than the average rate.

Mark has consistently promoted his and his team’s integrity, honesty and strong moral values……. but their actions are not indicating what we were told.

Unfortunately, Mark ushered the wolves in and there won’t be many of us long term investors left with much in the end. The 1 for 10 dilution, plummeting share price to decade lows and further dilution at these record lows is killing anyone who has been here 3+ years. It’s shameful what is happening and quite frankly, unforgivable. The survivors will be happy to get out with what they have invested all these years.

The fact that Niocorp management manipulated long term shareholders into a 1 for 10 reverse stock split and the disastrous SPAC deal that actually cost the company money has brought many investors to question their integrity.

It’s great that day traders and new investors can get in on these decade low share prices, but the long term shareholders who have believed in Mark and supported the company all these years have been betrayed for their loyalty.

Pretty sure you don’t know many shareholders then. I don’t of a single shareholder personally that is not pissed off. The only shareholders I’ve heard that are currently happy, or pretend to be, are the minority on this message board consisting of yourself, TH, Walter, AO, and PC.

Nothing is currently being produced except angry shareholders. We don’t know what products will be produced and the company has failed to produce an updated Feasibility Study.

Funny how anyone that points out management’s constant failure and incompetence are abusive. Then you lay blame on the elusive shorting boogeyman when the blame should be focused on management. Wake up!

You raise a very good question. Where in the *#ck is the updated Feasibility Study?!?! It’s been going on 2 years since they started the demonstration plant!

We are now at the pre split equivalent of over 350 million outstanding shares! We have to love the brilliant leadership that Mark and his team have. It’s nice knowing we have so many combined years of mining experience with this team. We should give thanks to this group for their expertise to get us to the decade low share price. We couldn’t have done it without their many years of incompetence.

BINGO!!! You nailed it there. The stock performance is a direct result of management’s incompetence. Institutional investors are not jumping in, yet the likes of Always Optimistic continue to with the false narrative of the boogeyman shorting the stock.