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Thursday, August 17, 2023 5:39:17 PM
Post # 97142 'Come to Jesus meeting’ with Mark Smith I think Mark got the message. Dean understands what we expect from him. The messages both gentlemen received were at times pretty blunt and tactless.”
AO, I guess it’s how read how the conversation went. We were not there so I am just using the participants words. All I wanted was clarification from those that went to meeting. With our share price not doing well most of us are on edge. I am still 100% this mine will get built but also a 100% believer if Mark was not our CEO we would already be in production( how has Mark not been fired yet is the $800 million dollar question???). My opinion so take it for its worth, kind of like when Mark say’s we should have construction starting soon/imminent ☹ I know I am beating a dead horse but how the heck are we trading at .39 a share pre reverse split?? I have a lot of faith that everything will always work out, but I am in too deep. I wonder if Jim or Mark would loan me some money?? I will pay them back in imminent time lol. Anyway, hoping for EXIM News this year and Feasibility news as well. I hate my ex-GF brother for getting me in this stock lol. AO, Even if we do not agree you always put a smile on my grumpy face and I do appreciate you for it. :)
jeunke22I
Wednesday, June 14, 2023 2:40:47 AM
Post#
97142
of 100838
Yesterday a group of important European investors had a “ Come to Jesus meeting’ with Mark Smith and Dean K. basically to understand moods, positions and path forward after the failed SPAC deal . Moreover to get to know Dean K.and his possible contributions to the financing of the company and to question and judge Mark Smith performance as Niocorps CEO. I will spare you the details. We had an open discussion and investors were able to vent all their issues and frustrations. I think Mark got the message. Dean understands what we expect from him. The messages both gentlemen received were at times pretty blunt and tactless. Let me just highlight the positive outcomes. Dean ‘knows’ project will be financed by commercial banks. No doubt, top project , hard assets, banks love it. Did put his reputation and experience as banker convincingly into the equation.
EXIM process ( 6-9 months) has three different elements in the Phase 1. First leg is
financial scrutiny by ‘ accountants’ This is a ‘go or no go’ for the next leg in the authorization process. This could be within around two weeks after submission ( in fact any moment). New for me. The next legs get into the technical side and underwriting criteria ( if I understood well). Russell addition will add awareness and volume ad well. Positive that the guys had the courage to come over and to listen. Convinced this thing will fly again soon.
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