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Wednesday, March 13, 2024 1:47:49 PM
We were told we would see REE results some time ago. They can't just send the info to potential investors, either we all see it or no one.
We were told a definitive deal with Stellantis was coming last fall.
Competitive tension is Marks phrase, not mine.
No one has thrown real money at this patch of dirt yet. After all these years...
The past is how you extrapolate future performance.
The U.S. needs to mine critical materials, of course we do. We started hearing this more and more during the Obama administration and the volume only increased during Trump's administration. All during this time niocorp tried through multiple feasibility studies to get this project underway. We got signs from the company that Mark thought he was close. The 200 million shelf registration, the timing of the air permit, now nearly 4 years ago, and all his positive words about competitive tension and being right on the verge. Jim said during this time that the company did not want government help. All this time since 2017 when we were told ground might be broken, Mark has simply not got the job done. He was desperate enough to agree to the SPAC merger he had doubts about and the results were a complete disaster.
Now with Bidens mandate to EXIM it might finally happen. He is lucky to have this option imo.
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