Niocorp Developments Ltd (NB)

[jeunke22]

Thanks for the initiative. Filled out the questionnaire. Let me say that I am disappointed. I had great expectations going into this SPAC deal and onto Nasdaq, it turns out to be a wash for the time being.
I think we still have a great project and a greatly undervalued asset here, but I would agree that Management has run out of excuses. I understand that shareholder patience is running thin. I am frustrated as well. Agree that in an established corporation people would be held accountable. Niocorp however is a start up company with just a handful of very professional staff trying to pull off a complex and unique US mining and processing facility for strategic minerals. It’s exactly this combination why I invested in Niocorp and not in RIO Tinto or BHP or any other listed conglomerate. It’s the enormous upside potential to be captured.
The delay in reporting for a Nasdaq company is painful, but not the end of the world. If the company would show it could deliver: announcing the REE results, new off take agreement and financing, we will be back on the right track. Looking for some positive surprises in the near term.