Demo- I for one, agree with you. The Demo Plant story has been front and center in everyone's mind over the last year, our future is predicated upon the results of the Demo Test, and we were told that it was to be closely monitored and progress/ongoing status reported.... that was almost 7 months ago....
And only NOW, in the video with Mark (at the 17:00 minute mark... Thank you for pointing that out A O) do we learn that no, we are not going to get the ever important Demo Plant updates as we were told, but RATHER, the Demo Plant status will be released as part of the updated FS in Q1 !!! HUH???????? What happened here.... and what happened to Demo Plant results going into last weeks' conferences in Vegas (REE & Scandium) which you would have thought would constitute 'table stakes' if you had a head seat at the table (like NIOCORP did as a Gold sponsor)............. But suddenly the status and outcome of the Demo Plant is being downplayed and we are being told there is nothing to see here! and if you ask about it, you will get the faithful followers who will tell you things like.... oh, don't worry, management knows what they are doing, they are just waiting until the merger to disclose the results, it will be more impactful then..... but wait, are we just waiting for uplisting so that the good news will resonate wider and further to the 'institutional and big fish' eco??? Why not shout the good news and status NOW to help the SP and then re-release all the accomplishments and positive PR at the time of merger/acq with GXII in Q1???
The lack of transparency and the moving goal posts and timelines and reneging are apalling.....Management needs to come out with something soon to assuage ALL Shareholders and let them know the ship is still on course, especially on the heels of the accounting oversight PR last week.........
To summarize, Yes, Demo Man.... I agree with you.... you are not going crazy..... you are right over the target.... and thanks for speaking out!!
NCT
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