Niocorp Developments Ltd (NB): This is frustrating, to say the least. N...

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Niocorp Developments Ltd (NB)

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Monday, 06/03/2024 11:09:19 AM

Monday, June 03, 2024 11:09:19 AM

This is frustrating, to say the least. Niocorp management failed to include rare earths in the initial pilot plant testings and feasibility studies. Now rare earth prices have plunged back down. If they would have just included them in the beginning, we wouldn’t have had to spend several years and loss of hundreds of millions in market cap. The incompetence is astounding.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/rare-earths-price-plunge-drives-lynas-mp-materials-to-clamp-down-on-costs-80587464

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