Niocorp Developments Ltd (NB)

[Dead On Arrival]

I respect your opinion Stark. You have been here since Quantum. For a long time, there were only a few dissenters of the company and LPC headed the list. Was not looked favorably by most(I am included). However he has been right unfortunately about how things have transpired. I am stunned to see us sitting at these levels. The ineptness of management has greatly contributed to this but the merger and the lack of due diligence to aligning with GX is the largest negative by a mile. I would appreciate Mark at least giving us an honest answer on why they did not have stopgaps in place to cancel the merger if capital was going to non-forthcoming.

I do know that when I was in contact with Mark, he was traveling extensively to get money. In the end, he picked a partner who supposedly spent over 100 million dollars to start a lending arm and they blew Niocorp off.That rang a few alarm bells. That ship has sailed unless they jump back in after EX-IM and Stellantis come through.