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We are all very happy for you TH!! maybe invite us to your celebration bash on your new yacht or Gulfstream....... and don't forget to 'redistribute' some/most of that wealth to the US Gub/ment who will be waiting with both hands open to liberate you from as much of that money as they can get their grubby hands on..... cuz you know how expensive it is to relocate millions of illegal people into our country who require cell phones and lodging and meals and educating their kids etc. etc..... Our Gubment at work..... oh and of course you will be buying round after round at the Elk Creek Mine ribbon cutting ceremony which will occur 'as early as possible' in 2024 or 2025 or 2026 or when a UFO lands in a Nebraskan cornfield or when Warren Buffet does a porn flick...... anything is possible...... GO TH will be chanted from all of the mining world..... you will be a mining super hero...... hopefully you still have a lot of time to spend all that money.....
Yadddda......
NCT- licking wounds after a Bruins game 2 loss.... sniffle sniffle.....
You can not take away my bets someday NB pps reaches say $20, I would have roughly $9.5 millions profits.
I'll answer your last question first, No. China has been manipulating the market for over a decade and thereby influencing private financing. EXIM unlocks funds that might not otherwise be available. That's their mission.
You would have to ask Jim why he said what he said. I can tell you that a PR guy saying that he can't say unless he, A. Knows, AND B. Can release it, is standard procedure. He doesn't know the EXIM answer and even if he did, he can't release it. He has to respond in some order. Maybe they're so confident in EXIM, the next priority is funding for the FS.
I've posted all this before. This is my opinion, based exclusively on facts and timelines, not supposition, innuendo or emotion. You're welcome to yours. Perspective is everything and ours are clearly different. I don't read those comments the same way that you do, and I don't view the future the same way you do, especially considering your previous posts. But, I'll give you credit if you actually bought back in.
The first sentence says they are working on multiple funding opportunities. He has said many entities are interested across government and private sectors. Nowhere does it say EXIM needs an updated FS. There are two. I think REEs are cherries on top of the cake. My opinion. Do your own due diligence and make your own investment decisions.
NioCorp initially applied to EXIM 2/2023
EXIM provided an LOI 3/2023.
Drilling was completed 6/2023.
Niocorp formallly applied to EXIM 6/2023
Stellantis came on board 7/2023.
Nebraska’s Senator and Congressman Secure $10 Million in Federal Funding for U.S. Aluminum-Scandium Master Alloy Production 9/2023
Niocorp passed first level EXIM review 10/2023
EXIM posted the pending Niocorp transaction in 11/2023
Titanium Is a Strategic Metal – And the U.S. Might Not Have Enough 1/2024
EXIM issued term sheet 4/2023
If ExIm loan is to be considered as commercial construction loan, then NB better put their finance in order. Without other parts of needed finance in place, ExIm loan may not be available. Just my opinion.
Are you kidding me??? Chico is just a biased based googler. No wonder you are losing large.
Chico- Hope all is well! I don't want to call you out, but you might be the most knowledgeable and respected MB shareholder, your research and information presentations are legendary here on this board........... as such and totally optional, can i ask you a question!?
Why do you think nobody knows about Niocorp? we don't appear in any industry mining articles (for CE's or REE's).... we get no love from the institutions since listing on NSDQ, our share price hovers around a pack of gum, and we just keep resetting the 6-9 month clock over and over..... do you think we will have our 'day in the sun' if/when we close the EXIM financing and get some equity finance love and offtake with Stellantis........ Strictly off the record :) hehehe, what is your prediction for the next few quarters (assuming that those aforemtntioned milestones get accomplished)...
Thanks for all of your dedicated research and input for all of us MB shareholders! it by far dwarfs the effort of any other single MB shareholder, and everyone benefits significantly...... again, my questions are optional......
Yaddddda............
NCT-
If EXIM does not need see an updated feasibility study why did Jim seemingly prioritize paying for one over funding exim's due diligence needs? From his email to Walter-
Proceeds from any of multiple financings on which we are working now are slated to go toward the costs of several elements of the Project: (1) completing our updated Feasibility Study, including engineering of the Project’s new process flow sheet; (2) costs associated with the EXIM bank’s loan due diligence process, (3) costs associated with due diligence processes with large equity investments needed to complete the Project’s up-front CAPEX requirements
Do you think the company's difficulty raising capital has slowed down the process with exim?
$2.3b to build their mine from the Department of Energy (EXIM who with $800 m?). Was already an existing company, Lithium Americas, til they split off Thacker Pass, so they already had investors. LAC got $650m from GM. Lithium gets a lot more media play than Niobium, Scandium, Titanium and the mystery rare earths. Wyoming and Montana get a lot more media play than Nebraska. Maybe it's messaging, or a lack of?
https://lithiumamericas.com/news/news-details/2024/Lithium-Americas-Provides-a-Thacker-Pass-Construction-Plan-Update/default.aspx
https://lithiumamericas.com/investor/laac-separation/default.aspx
I think this happens sooner rather than later. They knew when they applied for the LOI what was required. Well over a year so far, so plenty of time to put a pretty package together with a big bow on it and dot the i's and cross the t's. Everyone NEEDS this. EXIM WANTS this. The Prez WANTS this. Western nations WANT this. Private industry WANTS this. Nebraska WANTS this. Delaware mails out absentee ballots 60 days before the election. That's 9/6. Requiring an updated FS doesn't make sense to me given the steps that have been passed to date, and that could substantially delay this which does the admin no good.
https://www.ncsl.org/elections-and-campaigns/table-7-when-states-mail-out-absentee-mail-ballots
“Lithium Americas Receives Conditional Commitment for $2.26 Billion ATVM Loan from the U.S. DOE for Construction of Thacker Pass” …
LM.
$1.2b market cap vs our $95m
217m LAC shares out vs 36m NB shares out.
***********
And then we go into the minerals
Scratching my head @ 99% derisked. Haha
The 1% risk happens to be the Elephant Financing.
I absolutely get it, but I'm from a different time (and I'm beginning to believe from a different planet) so I set my hopes on 10. No clue how long the bump, if any, would last, since they go into about 3+? years of build with no revenue. $20-$25-$30++++ would all be great, that's what I have a couple of warrants for.
There was something, I think I posted it, but can't find the post or the info. It's a conditional loan, so I'm wondering if the extra $275 million they raised shortly after was part of the conditions.
I don't think anyone needs any reminders...... but $10 is really $1 and even $20 is actually $2 pre-RS debacle.... if we don't get over $25 with the financing + EXIM, i, as many others i'm sure, will be VERY dissappointed and will hope to see the company sold off to another mgmt. leadership team.... there is NO WAY a $4B NPV company with 40M-60M range of shares outstanding should trade for under $30 even pre-production! damn.... we have been beaten down and fed dog food and table scraps for so long that many are conditioned to settle for paltry SP value..... Remember this wild ride, fraught with MANY twists and turns (and crashes) has tested the mettle (and sanity) of all the loyal shareholders (notwithstanding the shareholders who have pumped the stock years ago and accumulated a 'flock' and now are turning on the company with non stop bashing......... Anyway, back to the point..... If this team cannot promote this mine once we get the dough... then move aside and let another team have their crack at it......
NCT- waxing however ineloquently
Gman- that Lithium America Huge financing with literally NO SP appreciation concerns me too...... but didn't you say earlier that there were some 'mitigating circumstances' in that case?? maybe they have toxic biohazard water or maybe their SPAC'lers structured the deal so that the stock would stay under $5 until they were ready to pop it to $30!! sounds like ours.... hahahahaha.....
Yaddda yaddda and freakin' yadddddy....
NCT
I don't think it ever came close to doubling? The high was only $7.35 US at the peak on 4/11 (according to eTrade) after the DOE announcement which was on 3/14, when it was $6.83. In Feb, long before the loan announcement, it was at $4.09, so not even a double from there. Then they announced on 4/17 they were selling 55 million shares at $5 to raise another $275 million, it crashed, and now it's at $4.32. Your link was shown in Monopoly money (CAN) so the $10 is misleading :)
I don't think a double from here would be all that great, but I'll take it if that's all we get. $10 would be nice!
https://finance.yahoo.com/quote/LAC/history/
https://lithiumamericas.com/news/news-details/2024/Lithium-Americas-Closes-US275-Million-Underwritten-Public-Offering/default.aspx
https://investorplace.com/2024/04/why-is-lithium-americas-lac-stock-down-28-today/
Plus the convertible into Niocorp ECRC shares of about 4mm. So 40,000,000. Before the space deal it was 28,000,000. Stunning dilution in a year. Plus many, many more cheap warrants and options now issued. Unbelievable shareholder value destruction.
As of May 2, 2024, the registrant had 36,483,550 Common Shares outstanding.
Changed my position
Approximately 35 M shares
With options and warrants factored in north of 65 million.
Mark closing out his loan from Yorkville I think certainly suggests that he is done loaning the company money. It is possible that this is a condition from exim, that their loan not be used to repay debt to Insiders. I don't know if this is the case or not obviously.
Seems like a no-brainer to me. Front the money to complete the FS and satisfy EXIM. The sooner that is done, the sooner the company stock will likely rise considerably. In light of all the stock, warrants, and options these guys own, they make a huge profit backing this with some skin in the game. It works out better than Lind or Yorkville and there's no dilution. What am I missing?
You say this at the end of April
Besides, MS the CEO is a millionaire and DK, a Board Director is a billionaire. I am certain between the 2 of them they could always loan the company to stay afloat until EXIM financing.
What changed since then?
What transpired in April for Lithium Americas to collapse the share price when it originally doubled in March?
SP doubled on this news
Any idea on total number of shares company has at this time?
stark, best to confirm with JS what financing options they are working on. He will know. JMO, but, I think the company is beyond the stage of providing personal loans.
Here's a question begging for an answer:
In the past, the company had a revolving credit line backed by Mark. The terms were favorable for Mark and the company needed the money. Why doesn't Dean do something along the same lines and extend credit to the company--enough money to complete the FS and EXIM consultants? When those two dominoes fall, he could be paid back, the company's valuation would be much improved, and he would be considerably richer on paper. Sounds like a win-win situation. The sooner those things happen, the better for all. I've singled out Dean, but the same could be said for any deep-pocketed person who is invested in the company. So, the question is, why hasn't this happened?
Thankfully they programmed in a very small window of opportunity for gray, so we don't have to wait long for an answer. They say it's always darkest before the dawn. Depending on your expectations, I think your buy will be green if it's not already.
News between now and May 30th will move the price and volume. Approx 3 weeks to go.
There is a lot of gray area in between of planning and hoping. Most of what we do falls somewhere in the middle between those two extremes. He gave himself 6 weeks to make something big happen and only two of them are left. I made a small purchase last week betting that he would get something done. I hope he has a good plan lol
Ya know what went into the SPAC planning? Desperation. Ok they probably had a plan there also, but it didn't work. I hope this plan is better.
That's concerned me when Lithium America didn't move much on $2.3 billion.
A lot of words and math and conditions (and likely legal fees) went into creating that loan with that timeline. Even the most jaded and cynical non-shareholders might be able to imagine that there's a plan, if they try really hard.
What in the heck will it take to move the SP on this stock.... it sits there like a turd in the toilet bowl @ 2.55USD......
What if NB cured cancer, or stopped the war in Ukraine or solved the mineral supply line problem overnight, might the stock move a few cents for those earth-shattering developments!? it's like we have a boat anchor weighing us down.....
Don't all these institutional investors and analysts (that we discussed as major benefits to the RS and NSDQ uplist) see the same EXIM probable financing news (PR yesterday) and factor that into their analysis and investment decision, or was that news just oh hum hum.... nothing to see here..... no SP increase here........
I DON'T get it..... no movement on what appears to be excellent news...... ALMOST makes one wonder if the stock will actually MOVE if/when the actually do get FINANCING, or will this thing be a slug UNTIL the mine is actually built and producing REVENUE..... then a corresponding SP reflective of revenue and PE multiples and all that other technical shit will support the share price...... Geee Zussss H...... whatever happened to NPV's based on '22 FS and forward looking revenue /EBITDA projections to base the current share price on??
These Institutions and analysts are giving NB ZERO benefit of the doubt and it appears they are saying "SHOW ME" (that you can get a FS out and that you can subsequently procure FINANCING..... UNTIL THEN we will treat you like a junior mining penny stock with a 1:100 chance of succeeding..........
Frustrating doesn't even start to describe this stock.....
NCT
I think whoever bought all those 280,000 after hour shares for
Around $800,000 in an hour, knows something that the rest of us don’t. I guess we’ll find out in two weeks.
So in reality, we dont really expect 3.3us and 500k volume by the 1st. That seems pretty wild. The real question now is what happens?? Do we give back 1.4m as the 1st payment? Did we already spend it? hmm. Hoping this isnt just the last round of bonuses before the axe falls. Thats not nice to say, but seriously WTF happens on June 1st?!
How did it come to this Putz.
Exactly Mark Has some work to do in the next two weeks to make that happen, but if I was a huge Mark Smith fan and I thought for sure it was coming, I might want to gobble up the shares ahead of time.
I’m just glad he can’t blame the TSX. LoL
But it’s not definitely not happening yet either.
Maybe. Or Forward thinking.
They realize the price has to move higher to create $500,000 a day in trades. What does mark have up his sleeve to do that, in the next 2 weeks? Because it’s definitely not happening as we speak.
Yorkville? In the past, Lind?
People read the press release in the wrong light and decided Thanksgiving came early this year. Niocorp has an amazing ability to get the stock to run for less than a day and then retreat back to the starting line.
Would you gobble up shares from $2.50 all the way up to $3.24 and then spit them back out at $2.50?
Duh
Whoever gobbled up the shares spit them back out.
Whether or not, I’ll have time!
You got your info from a video, I got mine from a representative of the company. Jim says they need money for a feasibility study and that exim will likely need to see it before making a decision. Jim also says they need money to finish paying for exims due diligence.
Again, they need a big chunk of cash before and exim decision is made.
I don’t think so! Please see that video from Putz’s link….. you GET money from EXIM instead of paying them to get financed.
So believe it or not we’ll get there.
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Moderators Prudent Capitalist stark12 Landmark8211111 Nebraskan ALDRADJKD123 Rader1977 |
NioCorp Developments Ltd. is a U.S.-based mineral development company focused on developing several superalloy metals from the proposed Elk Creek, Nebraska Critical Minerals Mine. NioCorp plans to produce three commercial mineral products — Niobium, Scandium, and Titanium — from a single ore body in the Midwestern United States. NioCorp's Elk Creek Project is highly unique. It is North America's only niobium / scandium / titanium project. It is the highest grade niobium project in North America. It is one of the largest prospective producers of scandium in the world. Once in production, it will initiate the first production in the U.S. in decades of Niobium and Scandium. All three of the Project's proposed superalloy metals have been designed as "Critical Minerals" by the U.S. Government.
NioCorp is a publicly company that is listed on both the Toronto Stock Exchange under the ticker symbol "NB" and on the U.S.-based OTCQX exchange under the symbol "NIOBF." Shares are also traded on the Frankfurt Exchange, under the ticker symbol "BR3."
NioCorp Developments Ltd.—
General Inquiries:
Telephone: (720) 639-4647
Investor Relations:
Jim Sims, VP External Affairs
Phone: +1 855-2-NIOCORP (855-264-6267)
Email: jim.sims@niocorp.com
NioCorp Developments Ltd.— Denver
7000 S. Yosemite St., Suite 115, Centennial, CO 80112
Reporting Status | International Reporting: TSX Venture Exchange |
Audited Financials | Audited |
Latest Report | 2/7/20 (FOR REPORTING PERIOD ENDING 12/19) |
CIK | 0001512228 |
Fiscal Year End | 6/30 |
OTC Marketplace | OTCQX International |
SIC - Industry Classification | 1061 - Ferro-alloy ores (except vanadium) |
Business Status | Development Stage Company a/o |
Incorporated In: | British Columbia, Canada |
Year of Inc. | 1987 |
DIRECTORS AND MANAGEMENT
Mark A. Smith | CEO, President |
Neal Shah | CFO |
Jim Sims | VP, Bus. Affairs, IR |
Scott Honan | VP, Bus. Dev. & Corp. Rel. |
John Ashburn, Jr. | Vice President, General Counsel, Corporate Secretary |
CORPORATE PRESENTATION: http://niocorp.com/wp-content/uploads/NIoCorp_Corporate_Presentation.pdf
Overview of the Elk Creek Project: http://www.niocorp.com/elk-creek-project/
U.S. Geological Society description of Elk Creek Carbonatite
"The Elk Creek carbonatite, located south of Lincoln, has the potential to be one of the largest global resources of niobium and rare-earth elements (REE). These REE's have many important applications in industry, including petroleum-cracking catalysis, steel alloying, and glass polishing, and as sources of permanent magnets and phosphorus for television and lighting.
The Elk Creek carbonatite is buried beneath about 500 feet of overlying rock and is known only from drill cores, which, until recently, have remained proprietary. Scientists from the USGS and the Conservation and Survey Division (CSD) of the Institute of Agriculture and Natural Resources at the University of Nebraska--Lincoln have studied drill cores."
LINK TO CHART: http://stockcharts.com/h-sc/ui?s=NIOBF&p=W&yr=2&mn=0&dy=0&id=p85189412906
Website: http://www.niocorp.com
MEDIA, LINKS, SELECTED PRESS RELEASES :
http://investorintel.com/technology-metals-intel/niocorps-mark-smith-on-the-rising-global-interest-in-superalloys-scandium-and-niobium/
http://niocorp.com/index.php/press-releases/299-positive-metallurgical-test-results-point-to-process-breakthrough-that-may-help-reduce-capex-and-opex-in-niocorp-s-elk-creek-project
https://www.youtube.com/watch?v=OKO2VkR2MMk&feature=youtu.be
https://www.youtube.com/watch?v=mWOHEQRzWQQ&feature=youtu.be
https://www.youtube.com/watch?v=u_earl9doNM&feature=youtu.be
http://niocorp.com/index.php/press-releases/230-niocorp-named-the-top-performing-mining-company-on-the-tsx-venture-exchange-and-announces-conditional-approval-of-graduation-to-the-toronto-stock-exchange
https://www.youtube.com/watch?v=IbEbivUi2o4
http://wallstreetanalyzer.com/niocorp-developments-tsxvnbotcqxniobf-ceo-interview-update/
http://www.youtube.com/watch?v=R19DMe1ouqg
http://www.niocorp.com/index.php/press-releases/media/197-niocorp-ceo-mark-smith-interviewed-by-bnn
http://www.niocorp.com/index.php/press-releases/media/190-bold-nebraska-comments-on-the-development-of-the-elk-creek-niobium-deposit
http://www.niocorp.com/index.php/press-releases/media/189-tracy-weslosky
http://www.quantumrareearth.com/press-releases/163-former-molycorp-ceo-mark-a-smith-joins-niocorp-developments-ltd.html
http://www.niocorp.com/index.php/press-releases/media/183-rare-mineral-project-in-nebraska-to-bring-huge-economic-opportunities
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and has extensive uses in aerospace, defense, transportation, medical, and other applications. It also is a key component of pigments used in paper, paint and plastics.
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