Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

TDD, please stop with the personal attacks and insults and let’s discuss facts. First off, I am not beholden to mgt, their opinions, statements ir actions. They do not pay me a penny to express my opinions and I can’t remember the last time I spoke with them because I am too upset what has happened to my holdings. Namely obliterated. The # of shares I hold today is a fraction of what I once held and I’m not even factoring in the reverse split. So as you can imagine, I am not particularly happy with how this investment has turned out. In fact, the last time I spoke with mgt sometime last year I expressed my deep unhappiness with how the share price had collapsed. So, if you think I am somehow beholden to the company, you are way way off the mark. With regard to the bank failures and SPAC conversion, I never spoke to mgt about their opinion as to why the SPAC money for the most part did not transfer to NioCorp. I was as surprised as anyone. If mgt took the position that the bank failures were the cause, then they were parroting me not the opposite because I came up with that conclusion on my own at least 6 months before MS mentioned it at a conference in September 23. Because of what I experienced in the Business World in September 2008 when a similar bank crisis erupted, I thought in March 2023, here we go again, bank failures again heading in to a sudden recession. The impact of bank failures was sudden in 2008 and it took just days before banks and businesses were in a free fall. My business is heavily dependent on the health of the banking industry as are so many businesses and the economy as a whole so my first reaction when the SPAC money did not come in was that GX corporate shareholders were spooked and impacted by the domino bank failure that they opted to take the cash than to tie up their money in a new SPAC project regardless of what that project was. I know people who had shares in First Republic and their investment was crushed and the banking crisis was not a regional banking crisis as you claim but a national banking crisis that was contained Worldwide by the actions of the Fed and multiple other equivalent governmental agencies across the Globe.

“ To prevent the situation from affecting more banks, global industry regulators, including the Federal Reserve, the Bank of Canada, Bank of England, Bank of Japan, European Central Bank, and Swiss National Bank intervened to provide extraordinary liquidity.”

https://en.m.wikipedia.org/wiki/2023_United_States_banking_crisis

That is my opinion not mgts so please stop the false claim that I support their claim when I was the first to make the claim. Secondly, COVID’s effects on businesses was real. To this day, my business is still reeling from the effects of the devastation and impact on the local economy and my business is dependent on the local economy which is still weak due to the impacts of Covid transporting workers from office buildings to work from home. Again, the impact of COVID’s effect on my business and the fact that there were restrictions on face to face meetings severely impacted my business namely negotiation and contract signature. If the impact of Covid restrictions curtailed my business and the entire World of business from supply chains to in person meetings to financing why then is it so incomprehensible to come to the conclusion that NioCorps business or ability to secure funding would be impacted? It sure destroyed a lot of other businesses Zoom calls ate no substitute for in person contact when your asking corporations and banks to finance $1,000,000,000,000 for a mine start up in a flailing Covid economy so of course Covid impacted NioCorps ability to secure funding. You were there at the AGM in 2019, you saw how excited we all were that NioCorp was finally going to get their financing and begin construction in the Spring of 2020 and then Covid erupted and the whole World of business flipped on its back.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8385830/

So, before you jump to conclusions about how I feel or what position I take on why financing has had delays instead of assuming that I follow mgts talking points, consider that I drew my own opinion and drew my own conclusions assessing the impact of Covid and bank failures on my own personal business and the economy as a whole so if those 2 events impacted my business and so many others, why would it not impact other NioCorps businesses. You don’t have to agree with my opinion because you work for a company. I don’t. I work for myself and the impacts of those 2 events is very different on employees vs business Owners and companies. If you disagree with my personal assessment which happens to independently coincide with NioCorps, go talk to NioCorp, I am not NioCorp or affiliated with the company in any way, shape or form. Just an individual investor like you with an investment in NioCorp who holds their own beliefs and opinions independent of the companies beliefs and opinions or anyone else. Please go address your concerns with NioCorp not me. I am not NioCorp or have any affiliation with NioCorp.