Two years ago, before the GXII SPAC deal, this news would have propelled the share price. The damage caused by that awful deal cuts pretty deep. I wish we could go back 2 years and have never heard of GXII, Dean Kehler or Michael Maselli.
Mark believed and convinced shareholders to believe in them. Two years later we find ourselves at decade lows and nearly double dilution. Why are they still on the BOD?!?!?
The fact that this issue is front and center in the news almost every day, that there is bipartisan/global support for it, that Congress and EXIM keep making progress, and that all of NioCorp's potential funding sources remain in play (as far as we know), is actually a great thing.
“The MMIA initiative is going to be a boon for American manufacturers and American manufacturing. We have US$2bn in the pipeline,” she says, while noting deals are split across a range of industries, such as energy efficiency, battery storage, satellites and critical minerals.
In January, Mark said, "...2024 promises to me a momentous year for NioCorp."