Niocorp Developments Ltd (NB): They’ve managed to continue to keep the...

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Truth and Transparency

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Truth and Transparency

Re: GrowthMindset post# 106746

Saturday, 12/30/2023 10:04:52 AM

Saturday, December 30, 2023 10:04:52 AM

They’ve managed to continue to keep the lights on and keep the paychecks over the past 10 years.

They’ve managed to spend untold millions on two feasibility studies that has failed to bring financing for construction and now they are working on a third.

In 10 years time, the amount of dilution of an investor’s share ownership in the company is greater than 1/3rd of what it was.

The value or REE have dropped significantly since they began talk of refining REE and they have yet to definitively state they will be producing REE.

There has not been a significant off take since Thyssenkrupp in the past 10 years.

These facts are not meaningless. Only a fool would ignore the facts!

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