Niocorp Developments Ltd (NB)

[PutzMueler]

I’m sure Mark Smith and Team had a lot to do with it too. After all we’ve been hearing about it for 10 years.

Senate Testified, tested!!
Advisor to entities.

The More the Merrier.
6/9 + several = what’s behind the bush.

*********

Some times the Turtle wins the race.

Kudos to Bergum and the Trump admin for recognizing and bringing this to the conversation!

[AlwaysOptimistic]

https://www.niocorp.com/niocorp-reports-significant-advance-in-plan-to-process-critical-minerals-in-nebraska/

https://www.niocorp.com/niocorps-rare-earth-demonstration-plant-showing-strong-rare-earth-recovery-results-in-line-with-expectations/

https://www.metaltechnews.com/story/2024/09/25/tech-metals/niocorp-to-mine-recycle-rees-in-nebraska/1956.html

[th6565]

Remember the importance is mining and process rare earths. If just mining it won’t help much.

[AlwaysOptimistic]

If China dominated oil and the US only had one well and one refinery, the govt would definitely step in to jump start more drilling and oil refineries. Rare earths are no different. They are an essential component for a modern economy and the US doesnt have enough domestic production to be self reliant. That's about to change.

[NorCalTommy]

Dutchfree- this is an exciting development! It is about time that the risk associated with China dumping is being addressed. It needs to be shared by the US gubmint as it is endemic to the entire uber-important element industry..... not a risk that can be assumed by individual priv sector companies, when the CCP is state subsidizing China's entire industry and has orchestated a well- planned take over monopoly of the worldwide mineral industry..... The private institutional investment firms as well as the retail investors need to have a safety net to level the playing field or they will not invest in the mineral sector. With a risk mitigation strategy, which Bergum lays out at a high level, would be a huge step toward protecting private industry players against unfair trade practices from state sponsored mining market players...... Kudos to Bergum and the Trump admin for recognizing and bringing this to the conversation!

NCT

[dutchfree]

Already posted, but really worth reading again!

[dutchfree]

Government involved in investing in Niocorp??
https://www.cnbc.com/2025/04/24/trump-weighs-investments-in-critical-mineral-companies-burgum-says.html

[AlwaysOptimistic]

Just my observations on NB. We've had 4 press releases in 10 days and the trading volume is consistently higher each of the last 10 days than prior to the FOX Bus News interview. Translated to pre reverse split, current NB volume of 1,439,318 shares would have translated to 14,393,180 shares (NIOBF) on the OTC.

Prior to FOX interview, it was as if the company was in a "quiet period" for 2-3 years. Now all of a sudden the project is moving again.

[dutchfree]

Totally agree! I am a believer too that the second feasibility study is already ina good draft!! The outcome of the extra drilling and perhaps some small adjustments have to integrate in the final study. Thinking about processing was a very good thinking ahead the problem USA is facing right now. The technical upscaling is a piece of cake now; the proven process on lab scale is a success!

[ColdDarkHole]

They are way behind on 2 projects with lots of quality and management issues. I hope something drastic changes for them before they break ground on our project. Otherwise we are in for a ride. How do I know? I am involved with those projects, and I get to watch in slow agonizing motion.

[PutzMueler]

I agree as long as the process plant EPC can get’r done. After all With RailVeyor Ramp system, NioCorp mine will be producing sooner than it would with the Shaft design.
But they still have to redesign the processing plant for the new processes, but I’m sure that is already completed, given the enormous amount of time NioCorp have known what they want.

Maybe getting a processing plant up and running to process ores from other sources in a couple of years then add our own ore from the 2nd project our own mine.

[liamtoh]

you're welcome

[Reetala]

I have suffered along with all of you long-time holders of NB as delays continued ad nauseum. From NB's perspective, a new FS was not needed and the news that EXIM required one was disappointing to say the least. However, SO MUCH has changed since the last FS was completed. Over these past years there has been a lot of discussion about new materials to be processed, new mechanisms to be used for extraction, new processing methods, etc. all of which were assumed to be very positive long-term, but never translated to financing. I believe the new FS (reasonably) required by EXIM before shelling out $800,000,000 as a gov. loan, will take all of those advances into account. I also believe, ultimately, the $20.8M raise will get the additional drilling done and will lead to: 1) great numbers in the FS, 2) major press announcements, 3) additional equity financing to put us over the top for full construction needs, and 4) shovels actually, finally, in the ground. I am excited to see the updated presentation which I just registered for! I withdrew my personal "Bullish" outlook a number of years/disappointments ago. I am once again, and perhaps more than ever, Bullish in my personal outlook on NB stock and warrants.

AIMHO
GLTALs

[ColdDarkHole]

Thanks for swinging by to state the obvious. We are all amazed. Not much gets by you.

[douginil]

Interesting reading about Ucore Rare Metals UURAF post #'s 2158, 2159.

# 2158 4/15/25 12:35PM

Demo plant expansion, meeting with Trump.
Very intereseting morning people,
From the Zoom meeting I learned that DOD came calling. Either at HQ or the Demo plant and asked How many tons could the Demo plant produce and how much would it cost? They have room at the Demo plant to expand from 10 tons produced to over 100 tons produce quickly. Producing Samarium, Gadolinium, Dysprosium, and Terbium for DOD.
Normally Samerium is not profitable, but with China banning it's export and Ucore being the only one to produce it in north America. It becomes profitable.
People if DOD is comes calling like that, then DOD is in panic mode and when that happens they through money at the problem. Lots of money. When the Demo plants starts producing Ucore will be the only company outside of China producing heavy REEs.
At the meeting it was asked if Pat was going to met Trump. Pat's answer, it was at the alter. Can we get any more cryptic. A meeting between Pat and Trump to celebrate Ucore producing the heavy REEs needed by DOD would bump the stock price very nice. Maybe news people would finally get it that mining is not the bottleneck but processing was. If wishes were horses we all ride.

# 2159 4/16/25 8:57AM

Looks like Ucore is on the right track but the US needs the demo to be expanded by multiples of the current numbers, my guess is 100 or 1000, and it should be considered as a national emergency. Currently the USA is being held hostage on this issue, and the US must develop its own mfg / supply / industry for these critical rare metals. The USA has the raw materials, but needs to develop the ability to refine them. With unlimited budgets for endless wars costing many TRILLIONS, surely there is something in the tank to develop the critical key in technology.

Since our project is for a mine and a processing plant proposed and we already have a demo/research plant maybe we should break it into two projects. Maybe getting a processing plant up and running to process ores from other sources in a couple of years then add our own ore from the 2nd project our own mine.

[liamtoh]

I still believe that there is a long way to commercialization and a lot of money (dilution) is needed. A temporary boost will not change that.

[th6565]

Not all the gaps get closed, am I wrong?

I am relatively relaxed as both of my holdings are in green positions.

[PutzMueler]

Good luck with that.

No such guarantees

That was the Breakout Gap.
IMO You are asking a lot of a breakout to go from $2.00 to $4.00 just to return to $2.00 again.

Do Stocks Need to Fill Gaps?

Importantly, gaps do not always fill. Traders should never assume that a gap will fill without understanding the reasons for the gap and monitoring trading activity around the gap. Breakaway gaps often do not fill, or fill only partially since the broken support or resistance area serves as resistance or support during gap filling action.

https://centerpointsecurities.com/what-is-a-gap-fill-in-stocks/#:~:text=Regardless%20of%20your%20strategy%2C%20there,or%20resistance%20in%20the%20way

[wagner]

Still years from mining??
He should put his money in development.... 

[liamtoh]

I will only be a buyer when the gap closes at 2.07!

[The_Gman]

Trump aims to fight China’s control of minerals by investing in miners
PUBLISHED THU, APR 24 20258:33 AM

Burgum said the Trump administration is considering investing in companies that mine and process critical minerals.

https://www.cnbc.com/2025/04/24/trump-weighs-investments-in-critical-mineral-companies-burgum-says.html

[Truth and Transparency]

Mark Smith my words, financing is imminent. I never disappoint!!!!

[ColdDarkHole]

Why would they? This is already free money for them if it takes off.

[ge11]

https://mailchi.mp/niocorp.com/niocorp-to-host-webcast-update-on-the-elk-creek-critical-minerals-project?e=c005a075e7

[wagner]

Only good thing to mention the deal was only for common shares dilution, not warrants and other stuff....
Why no insider from the funds spacs Dean kehler investing more???? 

[Perfectson]

No - this was definitely timed, it's a common tactic for these types of stocks. I didn't research the terms of the deal and how long the folks had to hold on to the shares but i wouldn't be surprised if they quickly dumped them for a profit.

[ColdDarkHole]

I am also hoping the testing for these drill cores is expedited by those that would want "urgency" in this mineral fight. Every vendor can expedite anything for the right price. 6 months? OK here's a check from the dept of defense. OK now its 1 month because you just paid for more people and multiple parallel analyses. That would be actual "urgency". Probably not but who knows.

[ColdDarkHole]

The red/green daily % does not matter at all. Its going to be all over the place day to day. Not even worth watching till this is all done and the FS is done. It might not even be worth watching then. This share price is not going anywhere meaningful for the foreseeable future. At least "6-9 months". You are correct about 2026. Still hoping for a nice acquisition out of nowhere.

[AlwaysOptimistic]

3 news pieces within 9 days is a first.

[Truth and Transparency]

Later in the month means later in the year by management timelines. You can take the time stated by management and take it times 4-6X for a more accurate timeline

[wagner]

Fluffy 1 %. If....... 

[bernice]

Very good News. 

[PutzMueler]

So basically the drilling is going to start within the next week.

to launch later this month

[Hetfield]

NioCorp to Initiate Drilling Program at Elk Creek Project in Order to Support Updated Feasibility Study

12-week drilling campaign in Nebraska, to launch later this month, is designed to support the conversion of a portion of the current indicated resource into measured resources and the subsequent conversion of a portion of the current probable mineral reserve into proven mineral reserves in an updated feasibility study

An updated feasibility study is necessary as part of the due diligence process of the application for debt financing NioCorp is seeking from the U.S. Export-Import Bank

NioCorp’s critical minerals project is designed to potentially produce certain critical minerals that China now threatens to withhold from the U.S. and Western allies


CENTENNIAL, Colo. (April 22, 2025) –NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB) is launching a limited 9-hole drilling campaign later this month designed to support the conversion of a portion of its current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probable Mineral Reserves into Proven Mineral Reserves at its Nebraska-based Elk Creek Critical Minerals Project (the “Elk Creek Project”).

The drilling campaign will supplement previous exploratory drilling and will operate under existing permits issued by the State of Nebraska. The drilling campaign is intended to complement other technical and economic analyses necessary to update the feasibility study for the Elk Creek Project. An updated feasibility study is necessary as part of the due diligence process for up to $800 million in potential debt financing that NioCorp is seeking from the Export-Import Bank of the United States (“EXIM”).

In addition to the updates to Mineral Resources and Mineral Reserves update, NioCorp expects to finalize engineering of its new and more efficient production process which incorporates the potential addition of light and heavy magnetic rare earth oxides, the planned production of titanium in the form of titanium tetrachloride, and the potential to produce both ferroniobium and niobium oxide as commercial products.

“With China’s recent moves to restrict exports to the U.S. of heavy rare earths and other defense-critical minerals, it is all the more urgent to get strategic assets such as the Elk Creek Project to full financing, construction, and commercial operation as rapidly as possible,” said Mark A. Smith, Executive Chairman and CEO of NioCorp. “To that end, we are excited to launch this drilling campaign in order to continue progressing our debt financing effort with EXIM and move this fully permitted Project forward to construction.”



As previously announced, as part of the diligence process, EXIM has identified additional project activities to be undertaken, including, among other things, an updated mine plan and updated Elk Creek Project capital costs. However, there can be no assurance what further project activities or matters EXIM may request in connection with the application process. NioCorp is currently unable to estimate how long the application process with EXIM may take, and there can be no assurances that the Company will be able to successfully negotiate a final commitment of debt financing from EXIM.

[wagner]

Interesting times ahead....
Lucky 2,6 buyer 😂
Or is there really something fantastic coming up... 
Material news and pictures of the drilling start would be a nice small step
More information is not on the horizon from my point of view. 
2026 coming

[NorCalTommy]

Lard- well since we have been waiting for almost 2 years, one would think our managment would have been sure to line up the drilling equipment..... but one can never take these things for granted since we all remember the wrong power provisioned in the testing environent in Quebec that cost us "6-9 months" (notice all delays are coincidentally in "6-9 month increments")..... and who could forget the 'gatorade bottle' on the Kiln equipment!! hahahaha.... argh..... you just can't make this shit up!! sometimes it's a 3 ring circus with clowns- waiting in limbo to replace 120V power with 408V power distribution.. DOH ... other times we're sitting in front of the WH administration cabinet- allegedly getting "fantastic support" .......... yeeeeeeee freakin' hawwwwwwwws
NCT

[PutzMueler]

No pun intended?
Can’t put to much stock in AH

Haha good one.
Wink

[Prudent Capitalist]

Can't place too much stock in AH trading but the current Bid and Ask for NB is $2.64 x $2.85 with a last trade of $2.75. oops.....now $2.64

[Lard]

Well, Let's see if they have drilling rigs on the property soon.
I remember sometimes like 8 years ago, we were told that a delay was caused by the unavailability of drilling rigs. It seems like it's not as easy as ''Rent-A-Car''.

It would be nice that when\if someones drives by the property and see drilling rigs could inform us.
I would be happy to hear that there are some (or one) drilling rig on the site in May.
They need to run\sprint with this money, not walk or stroll along.....

Lard

[ColdDarkHole]

Well, whoever bought the 8M+ shares is already underwater at 2.6. More downside coming. Someone is a believer, or wanted to fund this company to the tune of 20M for a reason. A trade that size on the ask in the open would have triggered a skyrocket price and a cascade of frenzied traders trying to get out with fistfuls of money. This was a "block trade" through a 3rd party I think. 🤷

https://www.investopedia.com/terms/b/blocktrade.asp#:~:text=Block%20trades%20are%20large%20securities,and%20managed%20by%20specialized%20intermediaries.

[wagner]

No surprise to Walter or anyone else... Closed below 2,6....No institution on fintel increases big... 
What is wrong with Mark??? 

[ColdDarkHole]

Rich guys, corporations, and governments sometimes prefer ambiguity. Who knows, that is just my little speculation. Probably wildly incorrect knowing my life. No institution has had that kind of interest in one chunk until now, and I don't think they took on 20M for fun to try to sell to clients. I believe they had a solid buyer on the line.

[wagner]

Why not a open communication? 

[ColdDarkHole]

If the 20M achieves the drilling and a FS, then after that. If there isn't a drill rig on the property by June or July I would say we have a bigger problem than we already thought. What does urgency to harvest this resource actually look like, and what garners urgent fantastic financial support?

Was the the 8M+ shares bought by Maxim on their own behalf because they thought it was a good idea? Or was Maxim approached by a 3rd party, known to NB management, that bought the shares as part of a plan to preliminarily finance the company in order to perform needed tasks to move on to a larger package? We get $20M, Maxim is de-risked, and the "client" NB benefactor stays out of the light.

[wagner]

What is the next aim and what expected time frame?
20 Mio only for salary???
But the support was fantastic 🙄🤣🙄

[th6565]

You should blame US governments let outsourcings far too long. Business leaders are always greedy on profits.

[ColdDarkHole]

I do believe 20M is important material news. I hope the data brought from activities that cost 20M bring the cause to finance the project in full and then some to facilitate actual urgency.

I would not worry about the share price at all for a long time from now because its not going anywhere until our homework is done, or something else happens that changes our current reality.

[wagner]

Today ole ole no material news......2,6 opportunities coming 🙄🙄🙄

[ColdDarkHole]

We are running on the same schedule as before so I'm not sure we have any urgency now. This will not be in production by the end of the presidential term. We do have 20M to do homework with to maybe make it to actually breaking ground on actual construction. That is something positive, but I see no urgency here on behalf of the government. Lots of talk so far.

Urgency would be putting up enough money to get the best construction project management, EPC, and equipment resources money can buy in order to get this going an completed as soon as possible. We definitely do not have that going on. That would completely void and inflate the current cost estimate but that would be "urgency" to get minerals for defense disregarding cost to get it NOW. Will never happen most likely.

2029-2030 is looking to be the actual production timeframe with 2029 being the absolute best case if everything went perfectly. What will the atmosphere be by then? Who knows. If we are stuck using our current tentative business partners that timeframe is out the window.

[vin5000]

We, as a country, have had no urgency around critical minerals and metals. If it took "chaos" and an executive order to shine a spotlight on the precarious situation our leaders have put us in over the past several decades, so be it.