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AlwaysOptimistic

08/01/22 4:41 PM

#82020 RE: Demolition Man #82018

DM, thank you for reaching out to the news outlets. Many realize it took extra effort and time and appreciate your efforts. So many have also contributed a lot on this board. Local NE's providing on the ground reports and joining many other shareholders traveling long distances at great expense to attend shareholder (AGM) meetings, tours and town hall meetings. And still many others researching hundreds of hours or reading 650 page feasibility studies. We all have the same objective which is to see this mine get built and reap the rewards of our many years of sacrifice of time and money so we can all retire early or at least have a better financial situation. Now is not the time to sour or give up. If we were ever closer than ever, it is now.

Boilermaker1

08/01/22 5:44 PM

#82023 RE: Demolition Man #82018

Niocorp does not follow your schedule
The demo plant is scheduled to run for two weeks. Jim assured us he would put a PR when it commenced operation. No PR means those two weeks have not started yet. After the two week run they must crunch the numbers and use the data to update the FS. They need to know the % recoveries in order to update the FS. If Jim issued that PR tomorrow, I would be amazed if the revised FS is issued by September 1. Potential financiers have investors and BODs. They expect the people making decisions to make them on the best available data. They know there will be a lot more data available in the next 2-3 months. I believe there will be several PRs in that period. First one will be demo plant is in operation. I believe Jim will keep us updated with results. I am anxious to hear confirmation that the revised flow sheets for processing work.I am very interested in % recover for REEs. You can come back with all the vengeance you want or you can face reality. The mine is not going to get built without financing. Financing is not going to happen until financiers see all this data. I really doubt they will start signing papers the day after they see it. No amount of vengeance is going to change that. It will however help to depress the stock price.