It is NOT quite clear that there is a lot of concern among shareholders. I agree with the frustration, but we all want something to break sooner rather than later. This is natural with a project of this magnitude. If you look art the industry norms this project is on track if not ahead of schedule for milestones.
I disagree that Mark’s comments were “off-hand”, maybe overly optimistic but not off-hand.
Glad to know you are a retail investor like the rest of us. You should put some of your investable funds in NIOBF. A financing announcement is just around the corner and there is a lot of money to be made after the announcement and additional retail investors and investment banks jump in.
My experience is that most other junior miners do not publish quarterly letters to shareholders. I own shares in three junior mining companies and none of them issue periodic letters. If something material happens they all issue press releases. I’d rather their focus stay applied to moving the mine forward not issuing puff pieces solely to pacify investors. Official press releases carry much more weight. In reference to NioCorp, I’m always impressed with managements willingness to answer emails and even requests for calls. Niocorp investors have never gone a full year without hearing from Mark. Mark issues statements, videos and interviews throughout the year.
There is no reason for significant spend on the detailed engineering with Zachary at this time. It’s not required to secure funding and the end product isn’t needed until the mine is producing product.
NioCorp did not switch to ground freezing because of “issues with the federal permitting process”. Ground freezing is a more efficient method that reduces time to market, maybe reduces cost and as a side effect avoids costly, time consuming and complex government bureaucracy and red tape that is a burden to all. I had read about it and heard it before the Senate testimony. It is not managements responsibility to keep you informed.
Again I don’t care about a quarterly update. I see it as a distraction will little to no real value.
News 
Market Data 
Discover 
