Niocorp Developments Ltd (NB): Their CEO and board of directors grade i...

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Truth and Transparency

Re: walterc post# 111535

Tuesday, 04/30/2024 9:53:02 AM

Tuesday, April 30, 2024 9:53:02 AM

Their CEO and board of directors grade is $300 million times better than ours. It’s good to see a CEO and BOD decline a bad deal instead of embrace it like Niocorp did. Our share price is a reflection of Niocorp management and the BODs incompetence.

We could have saved over $300 million in market cap loss by switching CEOs.

“However, the board is mindful of the significant potential of Halleck Creek, and the need to maximise returns to shareholders, while minimising dilution and has declined to advance at this time.”

https://www.proactiveinvestors.com/companies/news/1046178/american-rare-earths-knocks-back-halleck-creek-rare-earth-project-acquisition-proposal-1046178.html

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