Niocorp Developments Ltd (NB)

[tedro84]

Nothing I wrote in that post was inaccurate. I’ve posted about the IPO and SPO’s multiple times with links that show the corresponding share price.

BM claimed Mark and Scott bought mineral rights. I’ll forgive the semantics for saying Mark and Scott as opposed to the company, but NioCorp does not own any mineral rights and BM is very much aware of this. I’ll give credit where credit is due and BM clearly understands the engineering side of this and has read through the FS.

His mistake was the claim that NioCorp owns mineral rights. They do not. They have options to obtain mineral rights (with royalties). It’s not a trivial matter, given the apparent lack of demand over these mineral rights.