Based on Mark’s poor performance and business record, he is not A list. He’s failed to bring IBC Advanced Alloys into profitability despite his total control over the company. He’s managed to wipe out hundreds of millions in market cap of Niocorp and failed to ensure stockholders were protected against the failed SPAC deal. There should have been a clause that if Niocorp did not net at least 100 million from the deal that it would have been voided. Instead, it cost Niocorp on the deal and we are down more than $200 million market cap from our yearly high. That is a testament to Mark’s performance.
Mark claimed years ago that there was competitive tension for financing. The SPAC deal made Mark a complete moron in investor’s eyes and clearly the institutional investors do not think much of Mark’s availabilities or there would be buying and competitive tension. He is a failed CEO
Except MS. Mountain Pass. He ran the biggest one into bankruptcy. It takes a special talent to run a viable deposit into the ground. But at least he cashed up big time.