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Re: chico237 post# 81827

Thursday, 07/21/2022 8:54:19 AM

Thursday, July 21, 2022 8:54:19 AM

Post# of 128606
Hi Chico, I have been an investor in Niocorp for 5 years and have been optimistic for a long time that funding is not far off. Mark always tried very hard to make it appear that our three main products would be enough to make this possible. Unfortunately, my optimism suffered when it became clear that this is probably not the case and that we now have to add REE to the portfolio in order to secure the financing. I blame the management for not always being honest here in the past and for making forecasts that were too optimistic. The keywords for this have already been mentioned a hundred times. Today's statement from Jim gives me hope that they have learned from it and will attach more importance to early and transparent communication in the future. I think we all know that the world needs Niocorp's materials so overall I'm confident that this project will be a success.
I agree with you that there are a lot of members who are making good contributions and asking good questions, Some of them have a good relation to the Management. I appreciate that. I just don't like it when legitimate questions are viewed as quibbles by some on here. I also find it exaggerated when it is said that a DD requires reading through the 907-page FS multiple times. The best way is to complete a mining engineering degree.

Best regards
gwm
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