Niocorp Developments Ltd (NB)

[Roymac81]

Can I just add a comment to this thread? I was a bit worried in December about the situation with Niocorp.
The stock price was down to almost 30 cents, and I noticed that since the beginning of Niocorp the only way to raise money has been (and it is still) by issuing new stock onto the market. Stockholders have been watching delusion for the past 7 years.
If stock price continued its race to the bottom, there would be a point where raising new cash would mean heavy dilution (raising $10 million (average yearly spend) with 20 cents per share would mean 50 million new shares, when right now there's about 230 million shares)
Thanks to the executive order, stock price got up to 60 cents, but now it's going down again. And this won't last that much... Niocorp has to start anytime soon, otherwise, delusion is going to get out of control.
All the meanwhile, Mark Smith is making 300 grand each year plus 200 grand in share bonuses... this is on their own annual report.