Ding, ding, ding, we have a winner!
Don’t you all think it’s quite a coincidence that both of them exercised options on the exact same day well before expiration? A little internal pressure, perhaps?
The irony is that the $30k is very meaningful to NioCorp given their state of finances, but next to nothing for Shah ($20k) or Sims ($11k). Why didn’t they exercise more of the available options? They could have bought 350k shares. Why’d they exercise them in the first place when they still have 6 months before they expire? Did they pay their own salaries?
Or did Sims simply finally pay his last tuition bill?
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