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If I look at the American high tech companies I see many Indian, Chinese and other Asian scientists and company leadership. With the transfer of manufacturing, the US lost a well educated manufacturing workforce. Immigrants from the south do the work Americans don’t want to do anymore. Back to school I think.
Th, I don’t think so. Some ‘ late ‘ Europeans may have entered around these levels, but there are many who bought between C$ 0.10 and C$ 0,25 ( pre-RS) I know a few who’s holdings are all profit, because they recouped their original investment. Anyway not important. Once finance is arranged ,you have to accept that as a given, there is absolutely staggering upside with a low outstanding number of shares ( even if it doubled)!
They may have decided there is some more time to play and a bit of covering can still help a few of the team members. That may be true but the clock is ticking and the longer they play and postpone their decision to cover the costlier this could become. We are almost moving into an important 4 week time frame before ECOC where the industry wants to show its latest products. For us longs it’s important to be able to understand both the impact of a deal and the impact of the squeeze. Therefore it’s important that X keeps us giving us an approximation of the price impact as he is doing.
Welcome Shilo, your first message. I hope you will find your presence here worthwhile.
Whatever happens I think governments worldwide and companies have understood that next to more geological supply chain control, having more than one supply source from hereon is going to be a must.
Marco, the business of this site is advertising revenue, which in turn depends on what Ihub can offer advertisers in terms of reach and the frequency of contacts ( measured by us clicking messages and by our use of this board). The guy who keeps everybody very busy is a fantastic and effective tool to achieve reach and frequency. Controversy helps in this case to make it happen.
Nebraskans should exercise more pressure on their politicians. Why does it take so long for politicians in the US to come around
If a badly managed financial institution is in difficulty they act immediately. Seems the financial lobby dictates politics. The question becomes what is holding the banks back? There must be a more profitable option to unload debt on society or to put their money ? Increasing consumer debt, shoring up their cash reserves, increasing debt to incumbent companies? Don’t know, but the wheels move conspicuously slow and the Chinese move much faster. Banning is easy, building is more complex. Fortunately we have a very eager Stellantis understanding the urgency of the problem for their car industry. An off take agreement could speed up things I hope,
Translated from a Dutch Chinese speaking journalist visiting China’s REE mining sites
Today, 07:00
China on a collision course, rare raw materials go under the ban
The first salvos in the chip war between China and America have been discharged. A chip war in which the Netherlands is also involved: export restrictions on ASML's advanced chip machines will take off next week. China has already hit back by curbing exports of gallium and germanium. Substances important for the manufacture of semiconductors. And so China dominates the monopoly on rare earth metals.
It is the Giant hump in the landscape that protrude far above the barren Inner-Mongolian plains. Secluded in northern China, but central to the battle for technology. An important stick to hit with, moreover, in the chip war with the West: the Bayan Obo earth mine is the world's largest. China mines about 60 percent of all earth metals worldwide, a large part of which comes from Baotou.
"I earn ten thousand renminbi a month in the mine," one of the miners can still say, as he walks to the village at the foot of the mine. It's the end of his working day. "If you consider that there are 1.4 billion people who all want to work, that's really a good salary," he laughs. A woman from the local authorities intervenes, even before he can be asked anything noteworthy. "Don't film!"
Environment
Rare earth metals. It's a term that doesn't actually cover the cargo of the trucks and container trains around the Bayan Obo mine properly. The metals are not really rare, but mining them is no mean feat. Concentrations in the soil are low: roughly 95 percent of what is excavated is unusable. Apart from that, its processing is not only complex, but also highly polluting. But China was willing to pay that price.
Today, US Trade Secretary Gina Raimondo is making a four-day visit to China. With the aim of strengthening business ties between the two economies, even as the U.S. government bans exports of sensitive technology.
The air, the water, the lands around Baotou: the environment had a hard time. “Previously it was a gang here,” says one of the village's residents, as he grabs his scooter. He drives on, as soon as the uninvited voyeurs of the authorities come around the corner again. "Now that's a lot better. The government is paying more attention to the environment."
They don't want to say much, the people around the Bayan Obo mine. That's not so strange either. At virtually every call, the unwanted delegates from the local authorities pop up.
“We run eight-hour working days, it's fine working here,” says another miner. He walks back to their residence with two colleagues. Asked how it feels that without his work there would be no smartphones, he laughs. "That's partly true, haha." But it's about more than just smartphone chips.
Rare earth metals
From windmills to MRI scanners and fighter planes, the energy sector, the medical industry, and the defense apparatus can't do without rare earth metals like they mine in Baotou either. "The Middle East has oil, China has rare earth metals," the Chinese People's Journal previously drew from the mouth of then-leader Deng Xiaoping. "That's of great strategic value."
1992 statements that made policy makers in Beijing's ears, when a Chinese fishing cutter collides with a Japanese Coast Guard ship in the East China Sea in 2010. Both countries claim the Senkaku Islands, or Diaoyu Dao, as China calls them. After the arrest of the Chinese skipper, Beijing ceases exports of rare earth metals to Japan, although it has always denied that there was an export ban.
At the time a wake-up call for Japan, now policy makers in the West are also beginning to realize the risks of the dependency relationship. Europe extracts up to 99 percent of critical earth metals from China, Brussels said in a report two years ago. In the coming years, it wants to reduce that dependence. By 2030, a maximum of 65 percent of 'strategic earth metals' may still be imported from one country.
Natural resources
Since this month, gallium and germanium - important in the production of chips - have been on the list of export restrictions. Beijing states that this is necessary to ensure national security, and has not yet granted licenses as far as is known. But the step is widely seen as a response to the far-reaching restrictions on the export of chip technology to China, in which ASML also plays an important role.
It causes frustration in China. Also in the green Silicon Valley, as Baotou calls himself. A reference to silicon, which is taken from the ground here. A hopeful nod to the prosperous west coast of America, of course, where silicon laid the foundation for the current high-tech industry. Some 130 kilometers to the south, in the high-tech district of Baotou, the authorities hope to lay the foundation there.
“We are building larger wind turbines here, from six to seven megawatts,” says manager Liu Wei, of Mingyang Smart Energy in his giant production hall on the outskirts of Baotou. "Every year we plan to produce a thousand large wind turbines. Inner Mongolia is a vast area with an abundance of natural resources," says Liu. Because storms do it, around Baotou.
Aided by rare earth metals from the Bayan Obo mine, such as neodymium - magnets needed in the wind turbines - becoming self-sufficient is the motto for Liu. “That's what we're striving for,” he says. It is no different for solar panels. Cobalt is mainly sourced from China-controlled mines in Congo. “We're working hard to locate,” Liu says.
Nioman, you don’t own shares, you did however and sold. Not much risk. Sell and collect . Mark Smith bought along time ago and is not allowed or feels he cannot sell because of his fiduciary capacity towards his shareholders. He is holding his ( cheap) shares for all these years and cannot sell like you, take a profit or reduce a loss. Moreover his stake in the company is a great sign. He put his money where his mouth is.
His salary, what do you do for a living if I may ask? I am assuming you got a job and need to work for your salary or do you work for free? I guess you are paid a salary like everybody else. I hope you have a great competitive salary. If not, you should look for another job.
The loan: now your boss, your friend, whoever asks you to loan him $ 3 million because he thinks he is got a good business idea, assuming you have it and don’t have to take out an additional mortgage on the house, would you give it for free or would you ask interest especially since there is no collateral for the loan just a paper plan? Mark put $3 million in the company to help the company ( and it’s shareholders) to be able to keep the company afloat and operating. He put his money where his mouth is.
Please try to consider this when you critique and try to downplay Mark’s financial commitment especially since you have no commitment at all .
Thank you for the article. It is proof of the emerging gigantic industry transition driven by AI which will have an incredible impact on economic growth and productivity. Also realize that the computing power and the power consumption needed to accommodate this change are gigantic. The heat, the cooling, the power consumption the guy from the article saw in his appartement will be moving soon to a global scale, I understand that NVIDIA to design its latest GPU and support its computational lithography ( ASML) for manufacturing by TSMC in Taiwan needs the support of multiple data centers, Microsoft, Google, Amazon want to offer AI cloud services to their customers, they want NVIDIA GPU’s yesterday, I hope NVIDIA will buy LWLG photonics technology tomorrow for best performance, lowest power, small form factor and supply chain security,
Impressive and a very welcome fir chip to chip communications. Improving speed and increasing data transmission is important for the total chain. Good to see we are at the verge of a huge transition to photonics and higher speeds and less power overall.
On the marketcap, the good thing is that banks and financing companies look at the earnings and cash flow capacity of the company. Shareholders in fact should do the same.
Duke, for a former trader/broker you sound pretty irrational. Emotionally it’s always much more difficult to deal with a loss than a profit. You sound like my wife who absolutely would agree with you that we lost 90% of our shares. I can talk all day and tell her it’s about ownership and that the total number of shares has been reduced by 10 as well so that we still own the same % share in the company as we had before the split and she will say how much money did we have before the split and how much do we have now? Than she will say: see I am right. From you as a professional, as you claim to be, I was expecting a more insightful view. I think one of the biggest advantages which came with the failed SPAC were the Nasdaq and the qualification for US government programs. Whether you had 10 shares at 1 dollar or 1 share for 10 is now irrelevant anyway. It’s a fait accompli. Now the future is important. I prefer to enter the future state with around 270 million less other shareholders. Do I like the current share price, I don’t! Good luck.
At least he is trying to lift the spirits here Navyhusker. Yes not completely correct. Those are revenue companies. We are a pre revenue. I think we have a harder time, in general .Is there a point when you will sell or are you to go for the entire ride?
Why would some shareholders including management supposed to do everything to destroy their personal investments in Niocorp? That would be stupidest thing to do and run counter to any logic.
Smith, Kehler, Walter, Putz, Landmark, Nebraskan, AlwaysOptimistic & many more including me, we want our investment to be successful. We accept that shareprices go up and down, while management is working for us, Yes, they work, they worry, they decide, they create progress, sometimes make mistakes but build a business for 38 years and more while some here who could easily take their money ( no harm
done) and decide to go fishing or invest elsewhere but seem to prefer to continue to take the easy road and bitch about management, the board and their proper intentions,
Exactly. Despite all these years, please realize that we are the ‘early adopters’, Better informed than Wallstreet and the general public. The next Logic step in the commercialization process is to prepare for the product launch including a suitable media campaign for this primarily business to business activity. Financial coverage will indeed be the another important part of the investor/general public awareness drive. All this can only be done if you have the goods. We have the goods it looks like.
Sorry, in my drive to share valuable information I told the elimination of the DSP chip, this needs to be the driver chip.
This is well meant message for all the people who are stuck in the mud by making understandable, but in hindsight, wrong decisions.Well meant, because I believe the business proposition in front of many companies is a once in a life time opportunity. I say that with all my conviction after 15 years of industry due diligence.
If your losses are covered by agreement, don’t worry. If not, please get out, cut your losses and if you can buy now. Consider it.
There is no company in the universe that can refuse an offer like this: 3x speed ( min) 10x power reduction, smallest form factor in the industry, ready for launch in the next few weeks. Moreover a design advantage of 1600 dollars per transceiver because of 8x DSP chips elimination.
Money rules the world. But the money involved in this industry transition could be gigantic. Don’t be pennywise, pound foolish.
Yes Proto , this is really blowing away my mind. 3x Speed, 10x less power, tiniest form factor in the industry and as a bonus a $ 1600 dollar/transceiver saving by eliminating the driver chips, Throw in another 40% power reduction, Incredible. Tell me who in the industry can pass an offer like this!
Paullee, with due respect I am a bit done with competitor analysis, since nothing will compare to Lightwave .The fact that they say 30% per bit less power is already an indication that it consumes more power overall. If you go from 400 to 800 which is doubling output and you save only 30% per bit, it’s overall more power plus a DSP.
Ruud, I bet the company will now start to be more active in the media. The Wallstreet script was a first indication. Investors will come.
I see now a bid of 5,16 jumping to an ask of 6,45. I am puzzled. Forget it , in fact I don’t want to understand. My take away, strange things happen, but the company is making fantastic progress and is what counts. Have a look what
Lewrock just wrote. That’s more important.
Strange the ask remains at 6,93 jumps to 6,42 and back to 6,93 and again and again. Been watching this for some time now. Seems fake sales by
computer, nobody seems really to be selling. Good sign.
Putz, this is an answer to your message. I would feel very bad! Are you suggesting ‘ big brother’ is watching us?
What is left to question? These ECOC presentations say it all. Maybe when will Lightwave give its first revenue guidance? With the commercial product launches announced and the veil of NDA’s being lifted in the coming weeks, the company is ready for ‘ ignition’! Years of research and development are finally resulting in a suit of breakthrough transceiver products. I expect more media attention in the weeks ahead:
Respect Steven that you come up for somebody who has been the subject of many verbal attacks and personal insults. I don’t agree however on his ‘rational perspective ‘! This gentleman was completely ignorant on the business dynamics, the technology and the value adding aspects to society of Lightwave Logic. Narrowly focused on advising newbies not to trade Lightwave unless at around 50 cents. Great perspective. Kudos for all the well informed investors who put him straight. Maybe you can advise him
to call it a day!
Thanks. It almost cries for Lightwave’s modulated 800 G transceivers. This was the same cry I heard now two years ago from NVIDIA ‘s VP of Product Development in Eindhoven,
Jason Huang: “ the world has something along the lines of about a trillion dollars' worth of data centers installed in the cloud," Huang said during the company's earnings call Wednesday. "And that trillion dollars of data centers is in the process of transitioning into accelerated computing and generative AI. We're seeing two simultaneous platform shifts at the same time."
Correct and the cash which comes with any transactions resulting from financial deal can be used by Niocorp to continue to operate. There is nothing wrong with a debt/equity arrangement where both parties benefit.
Don’t get you. Do you imply all early investors have a reason to bring the share price down? My understanding of investing is that you invest to make a positive return on investment for a longer period of time. If a company is perceived to create or actually creates value the share price will react positively. Not sure why you ‘threaten’ private information. Who would benefit or penalized by this? What’s driving you? Maybe I should add, I belong to the early investors ( 2012). There are only two sides to profit from a lower share price 1. People who want to buy at low prices 2. Competitors who could lose an edge in the market,
Putz, I guess you bringing up RICO is no coincidence. Are you implying something is ‘ behind the bush’ ? There are some strange deconstructive activities taking place no doubt which are not at all in current shareholders’ interest. Could only be in the interest (of competitors) or financial parties hoping to gain from it. Of course there also some individuals here who have an agenda and some are spontaneously supporting each other. Any way manipulation is part of life nowadays, does have to be ‘racketeering ‘!
Nioman, just for clarification.
I read “ Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt.“!
Don’t quite well understand. Does it mean they created income of 9 Billion ( over and above the debt) for repayment to the US Treasury or does it mean they created 9 billion debt to be repaid but not repaid yet? Maybe it’s me, but I feel it’s a confusing sentence.
By the way, as somebody already mentioned, EXIM has been given a new lease on life and charter as part of the MAGA to counter foreign countries subsidy programs.
Nioman, just for clarification.
I read “ Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt.“!
Don’t quite well understand. Does it mean they created income of 9 Billion ( over and above the debt) for repayment to the US Treasury or does it mean they created 9 billion debt to be repaid but not repaid yet? Maybe it’s me, but I feel it’s a confusing sentence.
By the way, as somebody already mentioned, EXIM has been given a new lease on life and charter as part of the MAGA to counter foreign countries subsidy programs.
Good on you. WaveLogic Inside. If it’s not Lightwave Logic inside, at least we have a legal brandname issue, The specs and descriptions are pretty revealing. This can’t be coincidence, Add to that Lebby’s company name drop. BINGO.
I think we are on our way. Just take Lebby’s recent interview ad verbatim ( literally)! Do some search and BINGO! Can’t conceal my excitement after all these years. Don’t want to steal anybody’s thunder. It’s really a nice and easy riddle if you take the time to search,
Just got this from an American friend:” It’s August. Had beers with my buddy who is a wealth advisor and he had a comment that overall trading volume in the markets is the lowest it’s been all year. Aka market makers are in the Hamptons or Nantucket“
Yes, I saw that as well. Last year is the old pre reverse split price. Fintel is credible. Let me put it this way, if everyone would be as credible we would have less issues amongst ourselves.
Don’t see increased number of outstanding shares,
I link Fintel institutional ownership as of today. Bear in mind some are index related, some are managed funds. But some interesting institutions new names appear on the list. Vanguard, Goldman Sachs, Citadel, California State Teacher retirement Fund. Kingdon new filing 314k shares. Existing Morgan Stanley, Bank of America, CI Private Wealth 33k, NY state retirement Fund, Barclays, Fidelity Nasdaq Composite, Calamos 475K
https://fintel.io/so/ca/nb