Replies to post #95266 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

a small delay in acctg is a speck in time compared to the long wait for REE, Ti and Nb pilot plant results. If results prove profitable for REE's as would be expected based on the previous PR (below), this will be a game changer IMO for securing financing sooner than later after a revision of the FS.

https://finance.yahoo.com/news/niocorps-elk-creek-project-confirmed-191000378.html

[reading]

Management of Niocorp has shown the typical ‘overpromise, underdeliver’ behaviour lately. The CFO doesn’t seem to be in control anylonger, not with the financing, not with closing the books in time. Since years the many, many boardmembers don’t seem to add any value. Still more boardmembers than employees. Mark collected too many non-critical ‘friends’ as overhead around him. This need to change before becoming a joke. The filing delay as such is not a big deal, but adds up to the series of questionable acts lately. Not good.

[walterc]

I understand frustration and disappointment when you have to show that much patience. But I am turning 80 this year and I know my fellow poster th6565 is even a lot older but I know he will agree that when you have a unique project and the correct mix of management team you have to stick to your investment and belief. This comes from my experience in investing in about 15 start ups and everywhere in these start ups I find the same type of believers and non believers with different agendas.

Except for 1, I know every CEO of all my start ups and have met them several times , invite them to Belgium and continue to feel extremely confident. confidence in management is my number 1 criterium and that does not change when things are at times more difficult. That happens all the time on all my start ups.I am in a good position to judge that these CEO's can overcome these difficulties. I read comments all the time of shareholders that were very positive for years and then turn negative and then quit just before the good things are going to happen. Do not let that happen to you.

[stark12]

Correct that the perception is not good. I am a baseball fan. Niocorp is like a promising rookie that moves from the minor to the major leagues. He strikes out his first at bat, makes an error on his first fielding opportunity, and has yet to get a hit. People lose confidence and understandably so—it’s a bad look.