Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Silence, Comrade.
On Friday night in mother Russia, PARTY FIND YOU!
True. But, those of us who want to accumulate more shares at these undervalued levels appreciate some of the dips and pullbacks as they represent buying opportunities.
Everyone posting here is held to the TOS, and posts about another poster violate the TOS as do personal attacks. For the record, none of the posts removed today have been removed by one the Board Moderators, but rather were properly removed by IHUB Admins due to violating the established TOS.
If you think one of the Mods incorrectly removed one of your posts, then scroll to the bottom of the page and click on "contact us" and go to "my removed posts" and ask for a review of the deletion. However, if you post was deleted by IHUB Admin it is not subject to review
Check your inbox for an explanation from admin, it wasn't a moderator. There are plenty of posts criticizing the company, you just can't criticize other posters.
Nobody likes this low s/p, we can discuss this or wait and ignore some buisness models that are similar to NB..
NTC; Tommy; "Frustrated? yes indeed! when months turn into quarters then years... milestones and goal posts seem to be on wheels with this project!!"
I understand the frustration on this board with (some) management and company performance and I am certainly included with this group. It seemed with the exercise of options, the purchase of land, and the Air Permit they were ready to turn the corner get financing and begin operations. I suspect that continued S/O loyalty primarily to the idea and unique potential of this project. (There is no question about the value of this mineral resource. (As evaluated by Chico, Grunt, BM, AO, PM, et al.)) Heck, I said 2 years ago that we would be a $1.50 US. by Dec 31. (Apologies to anyone who invested because of my statement!)
What is within management control what is not? Currently I wonder whether L3 or NioCorp chose the Vendor for the Kiln L3 is using and why Europe? Is the Vendor located in The Ukraine? Whose responsibility? Just Venting.
** My loose comparison to Oscar class... Rssn subs may go deeper (based on public knowledge) but their reported accidents show a navy with a lot of problems. Sending along a tug boat in case your AC Carrier dies in the water? Seriously?
(US subs might go deeper...actual capability of USN vessels/ aircraft? Mostly classified except perhaps for Harbor tugs and Barrack ships. )
Here are quotes that might apply to NioCorp's situation.
https://www.azquotes.com/author/12340-Hyman_Rickover
(One reason the US submarine fleet continues to safely and quietly return to the surface.)
"I get the feeling some entity/s want Niocorp to Utilize & Produce & DO Everything the Mine Can!???
Taking the communicated 20% equity and 80% debt as the ideal mix for financing into consideration, the equity partner would own a little less than 50% of Niocorp after financing. This in the scenario it will be ONE equity partner (A,B,C,D or E ). This Equity partner, could that be the Entity you are referring to Chico, so an entity with big skin in the game in near future? Then they simply want and need to know as many as possible details and the full producing potential of the mine, incl. REE's. Is this why it takes so much time to connect all the dots?
If this scenario is valid, then I can wait longer.
On the other side, a company with more off-line and well remunerated directors than employees who do the work (Scott's team), is clearly out of balance. What are these directors doing the whole day in a company with so little activities?? This would not have worked for me without Mark having so much invested himself.
Thanks chico for this posting. The comments that you included were very interesting.
He was brought on board to bale out Mark
I’m more interested in the reason why the last two directors actually left. (The role of a Director is one of guidance)
It’s not like there are no directors who are directors on multiple boards, so why would a Director leave NioCorp? And yes we know the professionally adequate reason they already gave.
It really sucks to do DD on an investment for 10 years, because having look too deep means something also.
************
Is today the day we break-out?
LAST PRICE
0.8600
Bid / Lots
0.8900/ 17
Ask / Lots
0.8900/ 17
Pffft
Hi Walter, that may be, but the point is that we should be somewhere else after all the announcements of the last few years. Instead we remain at this low level and wait for the oven, which should have been already here in April and for which there is still no delivery date! Yes, and if it should come at some point, that doesn't mean that the financing will be available within a short time. After all the experiences we had to make, it is to be feared that the next black swan event will be conjured out of a hat, which will prevent financing. You can reprimand me at the end of the year when hopefully my prediction didn't come true and the share price is >5$. If my prediction comes true, that will certainly indicate that funding will come when it comes and we must be patient and we are sitting in the front row seat and and and..
Best regards
gwm
Reading: I share in some of the sentiments behind your thoughts here as well-
I sometimes get the feeling things are being delayed on and with a purpose?
Hi Wombat
Without Mark and his team Niocorp share price would be at the same level as Scandium International .
Remember, $402,820 is for a part-time job. Given all the other companies he's involved with, I'd be surprised if he spends more time on NIO than some of the posters on this forum
Thanks for posting Chico. The following is interesting:
“Capital markets are moving too slowly and putting too many eggs in the downstream [basket], so that now the downstream sector needs to become an enabler of financing upstream,” de Freitas added. “Offtake is critical to our lenders. Finance from companies, including Glencore, is now very important.”
As Niocorp is not getting any financing from their off take partners, which is indicated here as key, could it be that Niocorp is just waiting to terminate one of the off takes? This in order to sign up a new off take partner who brings significant financing with them? How long is a signed off take contract valid, 10 years, for ever? When was TK signed, is TK in the position to wait whatever it takes? I sometimes get the feeling things are being delayed on and with a purpose.
No need DM. I just found the information. The CEO of the # 1 REE mine (MP Materials) makes $754,966 in total compensation per year and the CEO of the presumed # 2 REE mine (NioCorp) makes $402,820 per year.
https://www1.salary.com/Michael-Rosenthal-Salary-Bonus-Stock-Options-for-mp-materials-corp.html
https://www.salary.com/tools/executive-compensation-calculator/mark-a-smith-salary-bonus-stock-options-for-niocorp-developments-ltd
As an aside, in 2020, the CEO of Rio Tinto mine earned $11,300,000 per year.
https://www.australianmining.com.au/news/rio-tinto-ceo-pockets-11-3m-in-salary/
Nebraskan, I just read your post for the first time and agree that everyone should read the FS in it's entirety.
DM, thanks for sharing. Can you also look up and post how much the CEO of the # 1 producer of REE's, MP Materials, makes per year? Would be interesting to compare. Thx
Good article. Nice to see NioCorps minerals on that list.Thanks for sharing chico.
I sure wish I/we knew what head-hunted “Peter Oliver” is going to do for us? …
He was brought on board for some strategic purpose (I can only presume)?…
Aussie Government (critical minerals GRANTS)? .Shrug
So that probably means we don’t have financing lined up :( Not sure why this continues to happen when other companies are now looking to pass us. $NIOBF had such a head start now we are running out of gas. Maybe a major change in management is needed? What we have right now is not working. I wish mark and staff the best but they just don’t have the right stuff! Please management do the right thing and step down.
2021 The passage of LB650 (Adopt the Nebraska Geologic Storage of Carbon Dioxide Act) allows for the geologic storage of carbon dioxide.
https://www.environmentalleader.com/2021/06/nebraska-embarks-on-major-carbon-capture-initiatives/
The Ninth ICEF Roadmap
icef2021_roadmap.pdf
Mining companies and manufacturers should seek opportunities for carbon mineralization in their exploration and production activities. Companies that extract mineral resources from mafic and ultramafic rock bodies should consider assessing the carbon mineralization resources in tailings and host rock and modifying the treatment and disposal of tailings.
"Not in-situ....The carbonization process we are testing may result in some carbon sequestration, depending upon whether and how we end up making more byproducts from the magnesium and calcium we remove from the ore. That is all still TBD."
Possible Reductions in Greenhouse Gas Emissions
The improved design also regenerates the ammonium chloride consumed during the carbonation stage. Carbonation consumes carbon dioxide and reduces the GHG footprint of the prospective operation.
(Really? how???......)
The optimized design and carbonation process all utilize proven technologies and are not expected to introduce additional technology risk to the Project if they are implemented in the Project’s final design.
Recently, L3 was able to demonstrate that this carbonation step can produce a calcium and magnesium product that is 96%-97% pure. NioCorp intends to further evaluate the use of this product for underground mine backfill as well as to investigate its potential as a saleable byproduct. The L3 demonstration plant, when constructed and operational, is expected to produce tens of kilograms of this material that can be used for evaluation purposes.
*Niobium- Private equity funds emerging as major financiers for critical mineral projects: CMA
https://energynewsbeat.co/private-equity-funds-emerging-as-major-financiers-for-critical-mineral-projects-cma/
Private equity funds are emerging as a major financing source for new critical minerals projects, with traditional bank financiers taking a lesser role as risk perception grows, members of the UK’s Critical Minerals Association said at an event in London, UK, in the week ended July 8.
Traders, streamers, off-takers and end-users who are anxious to secure supplies of critical minerals including lithium, cobalt, nickel, silicon, niobium, rare earths and graphite, are also coming to the fore as financiers. Governments in the future are expected to be more supportive as they build up their own lists and stockpiles of materials that are used increasingly for applications in energy transition, including in electric-vehicle batteries and wind towers as well as defense, participants at the event said.
Initiatives by the US, Canada, the EU and the UK to develop critical minerals infrastructure and supplies were highlighted at the event.
“We’re seeing a transition in this space,” said David Rhodes, managing director of Endeavour Financial, a financier that has helped raise $10 billion for miners worldwide. He described the changes as positive. “Private equity and traders are getting into the financing of strategic metals. Government support to the sector also helps to give the sector confidence — we’ve just got to get this going.”
Guy de Freitas, head of business development at Horizonte Minerals, which is developing nickel and ferronickel projects in Brazil, noted that with the financing changes in the sector, capital availability is now the key constraint on moving projects forward.
“Capital markets are moving too slowly and putting too many eggs in the downstream [basket], so that now the downstream sector needs to become an enabler of financing upstream,” de Freitas added. “Offtake is critical to our lenders. Finance from companies, including Glencore, is now very important.”
During the event, speakers also referred to carmakers to eye mining investments to secure key battery metals for their EV initiatives. US-based EVs manufacturer Tesla in 2020 announced a plan to invest in lithium mining and last year struck up a partnership with Prony Resources, partly owned by commodities trader Trafigura, which took over the VNC New Caledonia nickel mine and processor when miner Vale withdrew from the project.
Robin Birchall, CEO of Giyani Metals, which has an early-stage manganese project in Botswana, highlighted the growing role of manganese as a critical metal in a scenario where interest in lithium and cobalt usage in EV batteries may wane due to their high prices.
Constant battery chemistry changes reflect the changing risk profiles of battery metals and critical minerals generally, he said.
Battery grade lithium carbonate was assessed at Yuan 470,100/mt ($70,214/mt) July 8 on a delivered, duty-paid China basis, stable on the day but down Yuan 4,900/mt on the week, according to Platts’ assessment from S&P Global Commodity Insights.
Despite bullish demand and recovery of the overall EVs market, demand for nickel-manganese-cobalt batteries, one of the many types of batteries deployed in EVs, remained weaker than lithium iron phosphate battery demand within domestic China, according to market sources.
Independence from China
Emerging priorities in the critical minerals sector include environmentally and socially responsible production, the importance of making offtake available to financiers to repay the financial support received, links with governments and a move toward independence from China’s overriding dominance in the critical minerals sector, according to Jonathan Henry, chair of the CMA’s international working group.
China currently processes 100% of the world’s graphite, well over 90% of its manganese, and more than 70% of its cobalt, Birchall said in a presentation.
The UK Parliament is set to publish a white paper on the relevance of ESG to critical minerals mining July 18, Henry noted.
Stances taken by different governments toward definitions and funding of critical minerals sectors are currently quite diverse, Rhodes pointed out. While the UK is now embarking on setting up its critical minerals strategy, with the help of some grants from organizations such as Innovate UK, the EU is set to launch a Eur2 billion ($2.04 billion) raw materials fund in early 2023 to finance critical minerals and is currently seeking both public and private sector money for this fund, he said.
Australia has an AUS$2 billion ($1.37 billion) critical minerals facility, including new mineral processing projects, while Canada has earmarked nearly $4 billion for exploration projects and infrastructure development for the supply chain of critical minerals.
The US “dwarfs the rest” with $40 billion available to be deployed into energy transition with loans available for more than 30 projects, including for rare earth elements and other critical minerals. This also includes $3 billion for investments in refining battery materials, according to information presented by Rhodes. However, “we believe the main focus of the US [in critical minerals] is defense,” the financier said.
Resilience for the future: The UK’s critical minerals strategy
https://www.gov.uk/government/publications/uk-critical-mineral-strategy/resilience-for-the-future-the-uks-critical-minerals-strategy
I still cannot rule out some U.S. govt. "cheese" via the LPO/DOE; & all Options/Combinations of Debt/Equity/Sources (A,B,C,D,E... are on the table?)
As we are all waiting for MATERIAL NEWS!!!!!!!
"& RAIN!!!"
Chico
Oscar class, uhm, maybe, but those stealth sub ops (blue/gold deployments) go much better planned and smoothly than these mining demo trials... to be sure!
Just a quick timeline/chronology- for review:
We were told on April 12th (via my inquiry and response from Jim S.) that L3 was working 3 shifts and busting it out and that the demo trials were not being held up by waiting on some additional equipment.... but now, here we are almost 4 MONTHS LATER and just recently (with my latest inquiry to Jim S. (on 7/20), we find that NO, the Demo Trial has STILL not started and that we are STILL waiting for demo trial infrastructure equipment ( Kiln(s)- assembled/configured to specification ) to arrive on site!! THIS has to be a suprise for anyone that is patiently waiting as the weeks and months go by without any updates. Why did i have to pry it out of management? why were we not updated and kept apprised? 3.5 month delay on the most highly awaited/most important/'long pole in the tent'/ critical path step with no updates!! that seems very sophomorish/ aka 'rinky dink' in terms of communications (or more accurately- lack of communication) to shareholders..... something you might experience from a pink sheet company where the management is working off a yacht in the carribean, and they all have nice tans on their Facebook home pages..... comon', we (NIO) are much better than that, right?? we are certainly paying the officers an incredibly handsome salary- that should translate into much greater professionalism, proactiveness and expertise....... We deserve updates/status, a 4 month delay on the most critical step prerequisite for financing should certainly constitute 'material news' if the upgrade in title from one of the company officers warrants a NR.....
I also I wonder what L3 could have been working on during their '3 shifts' that Jim Sims referenced in his response to me on 4/12/22 (which is now a post it )?? hmmmmm, if the demo trial could not start until requisite equipment is received, then they are in 'wait mode' and are probably working on looking at their Microsoft Outlook calendars and crossing days off until the Kiln(s) arrived on site..... This may take 3 shifts per day to just track this status on the calendar...... I sure hope they are not charging NIO for 3 shifts per day for that! :)
Frustrated? yes indeed! when months turn into quarters then years... milestones and goal posts seem to be on wheels with this project!!
Just my opinion, you are entitled to your own..... as we all are.....
NCT
Hey Richard/GM! That sounds about right all. Excited to see the results once announced & waiting with many here! Viable REE's, updated recoveries for Niobium, Scandium, Titanium along with some very "Interesting GHG kickers imho!"
https://www.niocorp.com/replay-niocorp-live-investor-update-webcast-of-may-25-2022/
https://www.niocorp.com/process-enhancements-to-niocorps-critical-minerals-project-plans-point-to-possible-capex-and-opex-reductions-and-possible-lower-greenhouse-gas-emissions/
Front row...
Chico
NTC. Humm. NioCorp, the Oscar class deep running REE mine just waiting for the command to surface and lauch a money missle our way?
No movement until L3 gets the roaster. Mark may be hoping to present good news in September, maybe resolved and samples tested before then. (Good news would be financing and not looking for financing.) Lets hope!
Back to enjoying summer until the Royals and Yankees play tonight!
That is correct. As long as they don’t have any issues when the furnaces that are installed we will have real time data to show how profitable the mine will be with REE’s. It should take approximately 2 weeks. From there they can tell the world the numbers. After this they will implement them into the FS and update numbers, add additional equipment, and buildings needed. This will take some time as well.
I would assume just like we saw with the new FS they are being proactive and taking care as much as they can until the numbers are identified. Not much else they can be doing as L3 is taking care of the plant to be ready to bolt and go with the furnaces upon arrival.
We will see a material news announcement when this process starts.
Impatiently waiting myself. For the long wait I'd expect some robust numbers.
Thats encouraging. So that means once the furnaces are installed we are only 2-3 weeks away from results. Just my take.
We have already been lapped by MP Materials and Mountain pass as it was in mothballs/bankruptcy while Mark Smith said our financing was imminent, and now they / MP materials are the leader of the pack.
Many investors/ Spectators seem to be OK that we have run out of gas on the faster/inside lane and the pit crew has changed engines on the track and scratching their helmets wondering why we remain stationary.
Shrug
I think Scott or Jim said they have enough to run 2 to 3 weeks, I can't find it but that is what I remember. It's at L3 from my understanding.
Here's a clip from a European trip to Germany, the home base of Thyssen Krupp who has contracted with NioCorp to buy 50% of the NioCorp's Niobium over a period of 10 years. In exchange the company has agreed to purchase 50% of the country's yield of hops and barley over 10 years. More than enough to open 50 new Elk Creek Taverns.
Hope to read some material updates from today until then..
Here is the translated version
https://tixoom-app.translate.goog/brechtarnaert/gihqh80h?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
September 24 it’s a long ways off. Shrug
Thank you for the update Wagner. I hope marky can continue his summer vacation in Europe and enjoy some sightseeing as well. Rumor has it Europe is beautiful this time of year. Hope he bring the whole crew so jimmy and scotty can spend that well deserved $NIOBF salary they make year after year. Think what this team could do if they actually worked a full 40 hour work week at $NIOCORP only?? I know that is crazy talk to even wish or dream they take "our" company seriously for once. Must be nice to make 300K a year for a "pet" project like ours. Oh well. have fun boyz I am sure you will have financing wrapped up by then lol.
https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salaries.html
$NIOBF WTF
Mark is booked for September in Europe
https://tixoom.app/brechtarnaert/gihqh80h
Yes gwm, am I scared? No But I certainly fall into the discouraged and exasperated category.
Like a spectator in an auto race I have watched the project have a very great lead and over the YEARS new entries have entered the race and tightened up the race. While we still have the lead, relative to size, off-takes, plans, permits, bankable feasibility studies, and a plethora of highly respected 3rd parties supporting the data & plans but we seem to be falling back into the pack. For whatever reason, a few may soon pass us and god forbid one may lap us.
I certainly would like to know if the L3 demo facility is finally up and running? I wonder where the ore that will be run through the demo facility is coming from? Do we have enough to run multiple batches to fine tune things or is it once or twice and we are done?
Yes, we can only wait. We can add the number of shares we issue to stay afloat while we wait to the final total. You are correct.
Wow, go NioCorp go
I post two recent and relevant links about the “Joe” climate deal which has everything to do with critical minerals, and my post is removed. lol
This board sucks big time.
Add another rare earth gem that is getting good news! Good for them bad for us being stuck with the most overrated, over paid staff in the entire business world. Congrats jimmy and marky boy....You guys belong in the overrated hall of shame. Shame on you for taking all this money working a part time job...Shame on you :(
https://finance.yahoo.com/news/namibia-critical-metals-inc-lofdal-153000134.html
https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salaries.html
$NIOBF WTF
We can only wait.... What a 70 to 80 percent loan mean..
Yes, plenty more shares. A heretic once said "about 5 dollars". If there is massive dilution he may not be far off. I hope that is not the case, but the number keeps heading north even before the equity portion of financing is considered. We keep dreaming of 20-30+ share prices. Whatever keeps it up for ya I guess.
Wrong is not right wording, delays after delays from the long term investors eyes it is getting bad... 2022... This year we had London interviews that created expectations..... Hoping to by the eoy that they delivered this year
Now I'm starting to get really scared.
What is wrong with our project that we cannot do what other projects that are still far behind us can do?
Maybe known...
https://www.afr.com/street-talk/pe-firm-lionhead-tips-30m-into-rare-earths-miner-vital-metals-20220728-p5b5ey
2022 we better deliver results and the corner financing
And there is always the imminent break-out (in a mine's life), on all charts.
Daily Weekly Monthly , OHLC. (banner)
https://money.tmx.com/en/advanced-chart/NB
Keep in mind a daily break-out on the chart, takes less time to achieve, than a weekly or monthly chart which need volume and SP increase. (So hold your horses)
Do I know for a fact a break out is imminent? (Yes/ No)
Do I know if it will go up or down? No! (It better f'n go up)
Down doesn't appeal to me. haha
****************
https://stockcharts.com/h-sc/ui?s=NB.TO
JMO , Closing above C$.90 is what I want to see.
There will be a lot more shares issued for the equity portion of the big F as well.
NioCorp Share Structure as of March 31st 2022.
https://www.niocorp.com/investor-center/share-structure/
That sounds like a reasonable base and it agrees with what I've modeled. Now let's throw in REE's, a much larger total mineral resource that what's in the current FS, enhanced recovery processes, maybe little to know freezing needed, some good FOMO, and many other potential upsides!
Thanks PC.
Looks like we are going thru July without any news?
I think we need an update on the Project (to ease the tension / frustration).
Sept. October—is coming fast — THEN WHAT? …
LM
LM: I updated those figures recently (see updated sticky post above) due to the updated BFS, etc.:
After-Tax Net Present Value: $8.74 per share US (Does not include addition of Rare Earth products): Based on the new updated NPV figures, I now compute the After-Tax Net present Value at $8.74 per share US, based on 269,000,000 shares outstanding.
• Pre-tax NPV (8% discount rate) of $2.819 billion is 9.9% higher, and the Project’s pre-tax Internal Rate of Return (“IRR”) of 29.2% is 6.0% higher. After-tax NPV of $2.350 Billion represents an increase of 12%, and after-tax IRR of 27.6% is 6.9% higher.
The above figure for per share ATNPV is down from my earlier post and calculations due to the increase in the number of outstanding shares to 269,000,000 vs. 221,846,266 shares outstanding in the earlier calculation.. Still a very positive figure for After -Tax NPV, in particular when considering that the new Rare Earth Elements calculations and values are not included.
Followers
|
458
|
Posters
|
|
Posts (Today)
|
2
|
Posts (Total)
|
113250
|
Created
|
09/06/10
|
Type
|
Free
|
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.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |