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It just befuddles me that lines are being drawn between dots that aren't there. If we start construction by 2024 (oh god we are already talking 2024 7 years gone...) then we will have a nice road. Agreed.
sorry, just another road project.
They are maintaining it beacasue its a highway like any other highway. The NDR would not invest that sort of capital to anticipate something that is not even a sure thing yet. There isnt even a puff of financing yet. The department of roads is not even looking this direction. Im glad they are fixing roads in the state but its plain nuts to think it has anything to do with niocorp. The group think here is wild. What images are people seeing in the clouds and on their toast?
Do people think the road work is related to the mine project?
or just happy that there is road work? Nebraska is one big never ending road construction job. Its just time to fix the road. Has nothing to do with anticipation of this project.
I mean a nice new road will be helpful, but it might be time to resurface it again by the time it is needed. Shrug.
I'd say that's a given. Already July.
Holidays and a bitter frozen ground winter are right around the corner.
LMAO what did anyone really expect???
Extension or Yorkville? Pick your flavor...
Those are the only options right?...
Wow this sheds some light on articles like this.
It makes it sound like we have a product or service of some kind. We have neither at the moment and wont for years if we got a billion dollars TODAY. I wonder how many articles paint a nice facade like that. We DO have a larger market cap than some of the others tho. It says we BOAST it even though we have no money, mine, product or service at the moment....
CEO doesn't care **AT ALL** if you hold or sell.
This is just business.
I think its a great project with important potential products for defense and infrastructure. That being said, why aren't USA or Canadian institutions tripping over themselves trying to get to the (perceived) profit from this resource? What is making them hesitate or outright ignore it? The us gov might be interested due to the lack of US suppliers, but even they don't seem really urgent on this stuff that is deemed critical especially in near wartime. I have zero faith in the US government as it stands, but besides them where is everyone else if this is such a big deal? Its crickets all over the country except the retailers who think they will get rich. I don't get it. I have never sold a share, I just don't get it. Its a huge critical deal but its not.
Buffett's cash glut just exceeded 130 BILLION. He lives 85 miles from the site and could lose the entire turn-key cost of the mine in the couch cushions and not notice. STILL even with all the green renewable BS they tout, not even a SNIFF. IDGAF if he isn't into mining or got burned on one. IF this is such a huge opportunity with huge implications, THEN WHY is nobody acting like it?
LCP, alkturd just go away. I already know your thoughts. Keyboard warriors that mouth off without the concern for repercussions. (see boomers, I just fed the trolls.)
Living in Omaha we are both DEEP in enemy territory.
LOL
Yes just like the entire husker organization for decades. I hope they lose every single game and then bulldoze the stadium.
Did you hodl molycorp too long?
I doubt that given your long career in junior mining finance which you have referenced.
I mean, I've had a long career designing rocket ships for supermodels to fly to mars and back. I know my stuff in that industry and would not make silly investing mistakes in the space I know so well.
Im sure the EXIM Bank welcomes your expertise to their pool of analysts. Your email was duely scrutinized im sure...
pfffffft......
you didnt actually put money in this did you?
I would have stayed home and said I was stuck at the airport and gave the remote presentation form my home "airport". Sucks they got stuck at the airport tho....
Hoping for more mineral news this week...
Bump and drip back incoming.... standard...
Zzzz.zzz.zzzzzzzzz
So another personal loan? No wait... a SPAC!!!!!!
WE NEED ANOTHER SPAC STAT!!!
IBC 1st half 2023 has been.... unfortunate.
Cringe. But hey cant win em all.
Why? THEY DO NOT GAF. They have no need to. They will do what they need to do and how they choose regardless of the comments, messages, and thoughts from the pool of hillbilly retail investors including me. Dont waste your keystrokes. It doesnt matter at all. Im sure they will navigate this without our commentary. Email your senator while you are at it and let me know how that goes.
LOL someone needs to pay? Nobody is gonna pay for anything. This is just business. Just another project. They are not emotionally attached and nobody should be emotionally attached to an investment. They might lament that they aren't getting richer faster, but they are already rich nonetheless. Just like our resident babbling rich idiot, they can gamble their pocket change away. it doesnt matter what mistakes are made or what does or doesnt pan out. This is just another tuesday. It will all feel better with a ride in the 911 turbo and a glass of old fitz.
(Insert your fave expensive car and booze)
what was the plan? go broke?
Still reposting the same few paragraphs from april-22?
To accept something, it must be offered...
except defeat... lol
Nobody dissatisfied controls enough to hold anyone "accountable". Added together they wouldn't hold enough. I own some Facebook shares also, I should contact their CEO on my feelings about the company. LOL
He's not the one you need to convince...
Let me know what management thinks of your plan. LOL
I'm sure its a good plan.
No... I do not have a better one, and if I did nobody would care.
I believe the SPAC proceeds (or lack thereof) were a disappointment to say the least, but no management team would ever admit that. My big questions are: Will this be a full go and NB builds the mine? OR: Will this be a buyout eventually and someone big builds it?
The stuff has to come out of the ground eventually. We all will make money in a buyout but not like we thought. 5 bagger maybe from cost basis for really long term guys? 25 per share?
yes, it was posted here .0008 seconds after it went public.
We are THIRSTY for news.
Thank you though.
Plan B does not harm a developing fetus at all....
It PREVENTS the fetus. just saying.
I know this because I have purchased it frantically after we called our doctor. LOLOLOL
I called the urology surgeon that same week. LOLOLOL
I see your point, but also few alternatives. Almost all financing besides a handout or pure debt is dilutive imo. Pick your poison. Shrug.
We really cant hold anything to that, BUT that conversation occurred.
Ok guys this JUST happened to me:
This is low level hearsay but its nice to hear.
I am a participant at a current zachry project. A person on that construction site mentioned a project in elk creek NE that they expected to be on by november or around then. Not kidding. Take it for what you will. 100% serious I had that conversation today. Soooo timelines are being discussed to some degree with the contractor.... take it as it is, who knows what the money timeline is and such and if the money moves that time frame. Just wanted to drop that tidbit.
Welllll, that was the SPAC. Back to drawing board.
yes, blame Canada
LMAO. pathetic.
Hopefully before <4$. Well, Theres always another spac I guess.
Unless one controls >50% of shares, or their group does, all serious investors are either compliant or sold.
or skeptical and risk tolerant.
Just riding the caboose.
As I see it our % ownership is better if thats how you mean. Low redemptions would have reduced our % ownership prior to the r/s which doesnt affect it. With low redeptions we woulda had our same number of owned shares divided by a larger total. With high redemption we get less cash but our number of owned shares is divided by a lower total share count due to high redemption and we have a better % of ownership. Price lands where it lands now that we know the number of shares and r/s ratio and proceeds (or lack there of).
I own 100 shares out of 1000. I own 10%. I Get r/s 1:10. I now own 10 out of 100. Still 10%
I own 100 shares and total gets diluted to 2000.
I now own 5%. I get r/s 1:10. I know own 10 out of 200. Still 5%
We will at least get to see what happens on a major exchange with a price that is purchaseable. Also the exim letter. Time will tell.
No I would not say that. We are listed soon without the listing process. With the low redemptions each of our % of ownership is more protected. Thats a major upside. There are other monies out there as we have seen. I wanted more cash to operate with, but thats ok. We have a nasdaq ticker.
As for the high redemption rate, there is a lot of data for spacs with high redemptions. Its just how it has been for quite a few spacs. Dunno why, and the reason is irrelevant now.
Entities must have wanted that liquidity back and had to wait for the transaction to get it.
It is an unchangeable development, but still a development in the right direction. Therefore, it must be a positve development.
Remeber if you are starving, there is probably some grain in the manure.
Just nod yes.
Fake news? The GXII filing plainly states the redemeption rate and how much money gets removed from the trust to pay the shareholders.
"Stockholders holding 28,506,605 shares of the Company’s Class A common stock exercised their right to redeem such shares for a pro rata portion of the funds in the Company’s Trust Account at a redemption price of approximately $10.159 per share. As a result, approximately $289.6 million in cash will be removed from the Trust Account to pay such holders."
It is what it is, but I was hoping for better than that. Whats done is done. Lets just get uplisted. Also, the exim bank debt is in the works :)
95% redemption according to filing...
I need to quit researching.
Hello Mr. Yorkville...
Somewhere in the distance I hear the clank of whiskey bottles rolling around...
https://www.sec.gov/Archives/edgar/data/1826669/000121390023020360/ea175273-8k_gxacqu2.htm
I would hope they wait for the official numbers. That's their job to be sure about where they place their money.