Niocorp Developments Ltd (NB)

[Middleborder]

NTC; Tommy; "Frustrated? yes indeed! when months turn into quarters then years... milestones and goal posts seem to be on wheels with this project!!"

I understand the frustration on this board with (some) management and company performance and I am certainly included with this group. It seemed with the exercise of options, the purchase of land, and the Air Permit they were ready to turn the corner get financing and begin operations. I suspect that continued S/O loyalty primarily to the idea and unique potential of this project. (There is no question about the value of this mineral resource. (As evaluated by Chico, Grunt, BM, AO, PM, et al.)) Heck, I said 2 years ago that we would be a $1.50 US. by Dec 31. (Apologies to anyone who invested because of my statement!)

What is within management control what is not? Currently I wonder whether L3 or NioCorp chose the Vendor for the Kiln L3 is using and why Europe? Is the Vendor located in The Ukraine? Whose responsibility? Just Venting.

** My loose comparison to Oscar class... Rssn subs may go deeper (based on public knowledge) but their reported accidents show a navy with a lot of problems. Sending along a tug boat in case your AC Carrier dies in the water? Seriously?

(US subs might go deeper...actual capability of USN vessels/ aircraft? Mostly classified except perhaps for Harbor tugs and Barrack ships. )

Here are quotes that might apply to NioCorp's situation.

https://www.azquotes.com/author/12340-Hyman_Rickover

(One reason the US submarine fleet continues to safely and quietly return to the surface.)