Niocorp Developments Ltd (NB): Maybe, but you know what Mark doesn'...

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Niocorp Developments Ltd (NB)

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Re: CritM3 post# 82195

Monday, 08/15/2022 11:14:44 AM

Monday, August 15, 2022 11:14:44 AM

Maybe, but you know what Mark doesn't have? A mine. Revenue. Financing to build it.

He's only sitting pretty on resources that he currently can't bring to market and needs at least $1B to do so. NioCorp is currently spending over $1.2M/year for 5 people doing part time work so there's also that nagging cash flow problem (unless he loans himself more money). We are far from in the driver's seat (yet).

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