Niocorp Developments Ltd (NB)

[jeunke22]

Please realize that there are mainly two shareholder groups: insiders and retail shareholders. Institutions are only 4%. Where do retail investors go for their information? They rely on the company and these message boards. The continuous ‘rear mirror’ messages are contributing to FUD amongst retail investors. I dare say it’s the main reason for people jumping ship. If you look at investments in mining cycles, it’s what happens before institutions jump in. The strategy is clear: keep bashing the management failure to secure financing and the failure of the SPAC. Water under the bridge! Nothing more, nothing less.
With projected 600 Mio in EBITDA for 38 years financing will come. Stellantis may well want a strategic investment. If so, the rest of the story will be history indeed.