Niocorp Developments Ltd (NB)

[jeunke22]

Appreciate your effort, but I think most people are hesitant to share their ownership. Based on my long term presence in this stock, I would claim that almost 90-95% is in the hands of retail investors and insiders at the moment. Fintel reports very little institutional ownership. Don’t know any other sources.
I also would estimate that the majority of shareholders is from Europe. My estimate around 60% ( 200 mio shares) and 30% are North American ( USA and Canada : 100 mio shares).Most Europeans ( based on my knowledge of the share holder profiles ) have a longer term perspective. If you look at this board I would say the majority of the so called ‘ critical’ or ‘ show me the money’ posters are traders, mostly North American.
Personally, I believe that our uplisting to Nasdaq opens access to new investors and especially institutional investors who are currently hardly involved in Niocorp. Moreover moving away from penny stock status and ‘ over the counter’ status here in Europe will add credibility and will open more trading opportunities with Tier 1 European banks ( who until now refused to trade in Niocorp, despite their listing on the TSX ).