Alpha_Engineer
Nov 3, 10:24 PM
I encourage everyone to pull up 15 year old videos of Mark Smith as CEO of bankrupted Molycorp doing the same song and dance he's doing today at
$NB . This guy is an incompetent cheerleader CEO incapable of delivering results which is why the market cap of NB is slightly above 1-1 with cash on the B/S. Does 1-1 even hold after the next dilution event?
Pick up the phone and close take or pay offtake for scandium. That's all that matters, and if it cannot be accomplished then Mark Smith should be replaced by someone who can do it. What happens when you prove adequate demand for products you're selling? Funding. Fundamental tenants of business.
Considering Mark cannot close offtake beyond niobium and he will not be replaced by someone competent, NB is now a bet on government intervention. The opportunity cost of capital parked in NB waiting on a .gov handout is about as fun as a condom full of fire ants. Shareholders should not be held hostage by this clown.
