Niocorp Developments Ltd (NB)

[Dead On Arrival]

The LPC -Mark Smith tension has been going on for a long time. I thought at one time that Peter wanted to be the CEO of the company after the departure of Mr.Dickie but the IR and others reached out to Mark to take the job. Mark soon cleaned house of anything resembling Vancouver and brought Niocorp to the US for their headquarters.

The biggest issue for me now is where the competitive tension went after the supposed lender bailed out of the debt package. That has never been explained after it was a near certainty that something was going to happen. Who spends over 100 million in establishing a lending arm and bails out. To top it off, we get partnered up with a terrible choice who delivered absolutely nothing in crunch time. That brought in using Yorkville and here is where we stand. Pre-split, did anyone here ever think we would be sitting at 50 cents in July 2023. How about IBC at 4 cents.

Can the BOD replace Mark if the financing fails to happen. If they obtain a few more seats, it could happen. Never thought this was our scenario after years and years of supporting the company. Disappointed would be the correct word as I truly like Mark as a person. He treats everyone with respect(LPC excluded). Hopefully the ship can get turned around soon.

Long small.