Replies to post #97887 on Niocorp Developments Ltd (NB)

[AG083]

100% agree.

[walterc]

100 percent disagree...

[jeunke22]

Demolition Man. I don’t think I said that management did everything correct. Been long enough in corporate America to understand that where people work, mistakes are made. Especially a complex junior mining project in the US with limited resources and a small team of people is a challenging undertaking. These guys have come very far. The project is de risked, off takes are in place, it’s financially very promising and all the permits are in place. Financing will follow. Strategic metals are in high demand and geo political circumstances have changed in favor of the project. Under these circumstances these guys have not stopped working and have been improving the project. Within any corporation financing would have been a done deal. Outside financing is more demanding, especially if general financial circumstances are deteriorating ( COVID or Banking Crisis). Yes, we have been asking the critical questions, whether you believe it or not. My judgement is that this project will be financed.

[PutzMueler]

It wasn’t the company that said what you stated below it was posters from this board. And the worst of them haven’t shown their face since.

Although I’m sure the company had dollar signs in their eyes hoping and thinking that it would all work out.

96% of all shareholders voted for it. wink wink. And if I’m not mistaken, you also said in one of your posts that you were going to vote yes. I apologize if I’m mistaken.

Let’s say you have a great idea for the company! You say let’s do this thing called a SPAC even though past results of a lot of them have failed miserably! But you say trust me this one will work and we will be rewarded with a ton of cash to get us to the promised land! You quickly find out you’ve demolished the companies share price by well over 50% with very little cash to show for it! You told your boss you thought we could get hundreds of millions in cash right away but received almost next to nothing.

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It worked out for me, as long as going forward the dilution is at a minimum or zero