Replies to post #81831 on Niocorp Developments Ltd (NB)

[Demolition Man]

I am sure I will get some heat defending PutzMueler but he cannot be more spot on. Its like a lot of the posters on here have Stockholm Syndrome from markie and jimmy. It's a very odd thing to see grown adults have this much admiration for the average at best management team at $NIOBF. You talk about them like they are Mickey Mantle but in reality they are Bill Buckner at this point. When will we finally start calling a spade a spade?? I must say I LOL'D with "Did we buy the furnace from Ukraine"? The supply chain problem started early in 2020....So this group of "rookies" did not see this as a potential problem?? Again, You get paid like a 1% income earner you better deliver like a high income earner! Why is it so hard for some of you to grasp that this is nonsense?? Again, below is just a part time "side" hustle salary. They get paid way more then Doordash or Ubar drivers lol. Tell me again why this management team is so special? What have they really done in the last 8 years when it comes to our share price? In closing we have a great mine and great opportunity....We do not have a great management team. It is very difficult to argue when someone comes at you with facts.

https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salaries.html

[chico237]

Hey PM... I am just as frustrated as you on some of the issues we have been through since 2020 (8yrs for me). I appreciate your chart work & look forward to what you & many here post.
I was upset about the Scandium pricing too PM (post#74184 enough to fire off a few questions...)
Jim's response to Scandium & future Scandium Producers 1/2021:
"You are all probably aware of Rio Tinto’s entry into the Scandium market via the elementnorth21 venture. Could you offer an opinion in regard to this market competition in the Scandium market, and if a lower price point offering is a concern for Niocorp moving forward?"

Reply:
Rio Tinto's effort to more widely commercialized scandium products should be very much welcomed by all prospective scandium producers. In order for large prospective consumers of scandium, such as companies in the aerospace, vehicle transportation, and energy/battery industries, to move aggressively toward incorporating scandium at scale into their manufacturing operations, they will want to see multiple scandium suppliers serving the market. Ensuring diversity of supply for specialty materials like scandium is key for these companies, as it helps them manage supply chain risk.

We believe that multiple producers of scandium will create a rising tide of demand that will benefit all. After all, several independent analyses forecast latent demand for scandium in the several hundred tonnes / year range, if not higher.

Pricing for various scandium products is likely to vary significantly as these markets mature. Some scandium oxide and scandium master alloy products will be sold as commodity products. But other scandium products sold by producers are likely to be custom chemical formulations or alloys or fabricated scandium alloy products that are custom engineered for a specific application. Pricing for these types of value-added products is set between the materials producer and the customer and is often based on the value delivered to the customer of the custom product, rather than an advertised 'commodity' price for scandium.
Hope this is helpful.
Jim

(Niocorp has continued to stand behind their Scandium pricing. Could the market require or think otherwise? possibly.... I will ask Jim more questions following release of Demo-plant results & again following the official 2022 F.S. posting!)

See Posts #74344, #74422, #74432,
#74579 Heck, I even Booed management one day!
During the first Renmark presentation I asked the question about the "need for an updated market compliant REE- NI-43-101". Mark & Jim offered responses like- "may or may not be needed; may be other methods to get there...." In the end it needed to be done. (At the time they may have responded as best they could? but as an investor knowing they need to prove the REE resource... I didn't really like their answer then, but the dynamics of the project are in flux just like the stock market.
I do try & find the positive aspects in the project & the fact that the team is advancing the project forward & compare it to the other 4-5 Top U.S. Critical mineral projects. "Niocorp even after 10 years is ahead of the pack on many fronts imho; & I do believe the team will build this mine!"
(Hopefully before Marks grandson graduates high school...lol)
PM I get frustrated at times as well! The June 2022 F.S. still shows 2025 for first production. I will be looking for any changes in the final 2022 F.S. later this year...

Respectfully
Chico

[Nebraskan]

Had to chuckle at your last sentence. Hitting the nail on the head for sure about buying shares. And, yes, I continue to buy more shares as time progresses. We will not always have the opportunity to pick up shares at these very cheap prices. Everyone on this board believes in this project or they would not be on this board, no matter the level of frustration because of the time it is taking to come to fruition. I have been in NIOBF stock since April of 2013 for over nine years myself. Probably own ten times more shares than I ever thought I would own since the beginning of my purchases.

We all want this project done right the first time.

GLTAL