Saturday, October 22, 2022 6:49:41 PM
Incredible with the 2nd biggest deposit in NA, that we would get no love on the $2.8B Gubment cheez.... I wonder if it has to do with the fact that our REE testing has been delayed for 7 months and has not been definitively declared that NIOCORP WILL UNEQUIVOCALLY BE PRODUCING REE'S....... because we still have not declared this.....until the status from each phase AND the FS has been updated.......
Which is suprising since Jim S. said back in April that the demo testing would be "confirmatory", since they already pretty much know what we have for REE's and processing workflows..... Jim said that they were in discussions with multiple financing entities, (while using those numbers that were being confirmed by Demo testing- for the details/terms of the financing..... hmmm.... so, were those 'to be confirmed' numbers not shared with the government (or not used when applying for government funding)??? or was the gubment adament about the need for NIOCORP to complete Demo Testing (and disclose actual REE metrics) before we could be eligible for govment funding.....if so, this 7 month Demo Testing delay is even more Exasperating!...... very confusing....... and even more confusing because no NIO IR status was ever provided relative to Niocorp's interaction with government funding (i.e., applications, eligibility, etc....)......although this information/status info was repeatedly requested ... I guess we can chalk the lack of clarity and status up to Shareholders not having the need to know.... that's NDA don't you know!!! :) :)
Hard to believe that after the May 19, 2022 news release-
'NioCorp’s Elk Creek Project Confirmed as the Second Largest Indicated-Or-Better Rare Earth Resource in the U.S' that Niocorp STILL can't even get a whiff or a bone from the Gub'ment.....($2.8B chunk 'o Cheez).......
And the beat goes on.........and on..........
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