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I am going too write a book about the Niocorp story. or better i will tell the story to one of our friend investors who is a famous writer and he will write the book
are you questioning my integrity ?
That the stock did not move on this news is the afterpains of the unsuccesful Spac deal.
That will change in my opinion when Stellantis indeed takes a stake in Niocorp and that again will be the catalyst for more equity money and later the Exim or other debt financing.
why did nobody ask about my golfgame on
Monday. I won the cup. lol
I had at least expected Peter to ask. I understand he is a good golfer. I am very well informed. lol
aliases irritate me. T &T. ? mon oeil
are there still posters here that are trying to convince us longs that Stellantis is not really serious about wanting to buy our rare earths ? This 55 billion undervalued marketcap giant with 180 billion of sales is just writing a news realease for fun ( just after they got a gift from the Canadian government for 15 billion CAD) to please mark Smith ?
I think this is a MAJOR step forward for us.
I think you are well aware of the legal requirements at what moment you can declare when you can economically mine rare earths.
About the demo plant , you are also aware that they were dependent on world class experts to deliver.
So you are now telling these world experts were incompetent?
If you want to be really transparent why do you not post under your name TED????
correction
they cannot publicly state that they will produce these rare earths until the independant experts have signed off.
Stellantis seems to be convinced they will
the truth is in the details and nuances
a crusade against Mark and me
yes I know
since 2011 for me
but I would never forgive myself
selling shares after so many years knowing what the potential is.
The appetite for Niobium has only increased since then and TK like other users want diversification of supply.
Niocorp will only sell their last 25 percent for the high value applications.
let me rephrase
Stellantis is convinced.....
It must be painful for some that a giant multinational is interested to invest in Niocorp.
I am delighted to see automotive interested to invest in Niocorp and contract offtake agreements.
If you know what the effect of scandium is on the costprice of battery trays you know what the next offtakes can be.
time to market in automotive will be much faster than in aviaton.
and there is ´simply not enough scandium so there could be a bidding war.
Stellantis thinks this mine is going to be built. I find that an important signal.
Do you think they just play around and make termsheets for fun?
one of the world largest carmakers thinks Niocorp is going to produce them and is interested to partner with us.
If you are indeed long you are of course very excited
That is quite a remarkable prediction in October of last year.
I would have expected to see a pure American automaker buying our rare earths but this is fantastic news.
Anybody who thinks that a company of the size of Stellantis is just making up fluff PR's should be examined by a doctor.
Gallium and Germanium are not rare earths but Investors may believe the next restriction will be on rare earths
Kirk
let me start with percent 1 of the 100 percent misleading comments which you make..
have you ever clicked on your own links?
From the 553kusd salary that Mark received only 297k was in cash and the rest are in stock options The loan which he granted to Niocorp is about 15 times what he earned in cash.
There is nothing wrong with his salary. and also not the salaries of Scott and Jim.
I wasted 15 years on LWLG and now I am in the several millions of profits
Thats how it works in non revenue companies Peter.
It is not the right tactic to get enthusiastic on a project , invest money and the first moment they have an issue to start telling managementthey are incompetent and sell; Sometimes that is exactly the moment to accumulate. I think IBC and Excelsior are in that stage.
And now I am really off.
I am waiting for a friend to pick me up for golfcompetition so I use these 5 minutes to reply.
TH6565 is 88 and I follow him on the other board. I think he made millions on the other company doing the right thing , buying cheap and averageing down when the price is going down.
If one believes that better things will happen in the 2nd half of the year and later and your cost is higher than the present shareprice this is an excxellent moment to average down and accumulate; If you do not believe that this will be financed.you better start selling.
TH6565 knows that
because of the addition of the rare earths to the results the discussion on the price of scandium is a waste of time ( see the calculations by Mr Grunt which I completely support)
We are in deep discussions on offtake agreements ( has been said several times and more recently in the video in the pr on the demotests. )
We have two new directors that put their shareholders under the project. One of them confirmed me two weeks ago ( with many others that were present) that he thinks this project is perfectly financeable. His interests are completely in line with us.
We have an EXim loan pending for 800 million usd. The US federal government and the government of Nebraska is in full support as well as the local poulation in Nebraska.
I have to go . My friend is waiting. Wish me he good golf game.. Depending how long it takes that these things materialize the price may go down but looking at the recent trading I do not think it will go down much more. If it does because it takes longer I would advice believers with a higher costprice to accumulate. If you do not believe in it you should sell.
I have not bought or sold since years as you know I have a lot of shares at a very good price and so have many of my friends investors. Am I subjective; Of course I am.. I want this to be succesful as I believe in it.
As to the reply to the other guy; It would take me too long. I am thinking of writing a book on my experience.
Just one example; When he quotes salaries he should also write that only a part of it is in cash. That makes a hell of a differencen no?
I lend this text from Nate pile a well known analist specialised in biotec and technology. He wrote this on Mannkind in which I am also a shareholder. Nate has outstanding results. BTW he believes that Mannkind has outstanding leadership so he is a little bit sarcastic on those who think not.
I quote
"Nowhere does ignorance lead to despair more often than on Wall Street," as the saying goes... and given that the $MNKD stream has already been known as The Land of Great Despair for many years now, I'll let you (and others) connect to dots as to what that might imply about those doing the bashing (how quickly they seem to have forgotten HFM and all it taught us about the situation, eh?). That being said, I do not understand the rationale behind holding stock in a company with such clearly incompetent leadership either, but it seems to be something they look for in an investment and are willing to stick with through thick and thin. As pointed out before, though it is unlikely any apologies will ever be issued for all of the unnecessary heartache and angst their misinformation and false narratives have caused for other retail investors over the years, they are part of the MNKD story too and will certainly be given their own chapter in the book if/when it finally comes out.
your timing is perfect
100 percent disagree...
i have not met you so i do not really know.
not if Niocorp is a failure. He has a big interest to make this happen.
I live many thousand miles from Nebraska but my local contacts there told me you are correct .
I am in the project since 2011 and very optimistic.
i agree with all your comments.
SPAC story was a bump but Kehler in our camp now is a big plus and will be a big help. I understand why Mark wanted to partner with him.
Kirk
not being hired by them is not a good motivation to criticize management
good strategy
it paid off extremely well with our other common investment.
You were right with LWLG TH6565 and made a fortune there and you will be happy again with Niocorp. The shareprice will eventually follow the sucesses which are made on the ground and that is what matters at the moment. We had and still have the same attacks at LWLG and you know how much bigger that is going to become . The same for Niocorp; STAY TUNED
in Flemish we have an expression ' De prijzen worden slechts uitgedeeld aan de meet".
We have a management here that is determined to make this a fantastic success. The Spac deal was indeed a failure but a lot of good things will happen this year .And yes also Dean kehler is putting his shoulders under this project.
You are an example for me at your age.
you forget to mention that the value of the project will have increased considerably with the latest improvements in recovery.
I am hoping he will make a lot of money with his shares.
your jay Bloom has nothing with Trimaran
https://wealthypeeps.com/jay-bloom-wikipedia-age-family-and-net-worth/
our Jay Bloom
Jay R. Bloom, Managing Partner
Managing Partner of Trimaran, which he co-founded in 1998, and serves as a Manager of Trimaran Fund II. Prior to Trimaran, Mr. Bloom was a Managing Director and Vice Chairman of CIBC World Markets Inc. (“CIBC”), where he was responsible for CIBC’s United States and European Merchant Banking activities, which were conducted through the CIBC Funds. In addition, Mr. Bloom was responsible for overseeing CIBC’s United States and European Leveraged Finance businesses, which included financial sponsor coverage; acquisition finance; high yield origination, underwriting, sales and trading; private placements; and financial restructuring advisory services. Prior to CIBC, Mr. Bloom was a co-founder of the Argosy Group, L.P. (“Argosy”), a boutique investment bank that engaged in leveraged finance activities and principal investing. Argosy was acquired by CIBC in 1995. Prior to Argosy, Mr. Bloom was a Managing Director of Drexel Burnham Lambert Inc., and before that he was an investment banker at Lehman Brothers. Mr. Bloom also practiced law at Paul Weiss Rifkind Wharton & Garrison. Within the last five years, Mr. Bloom has served on the Board of Directors of El Pollo Loco, Inc. until its IPO (restaurants), KCAP Financial Inc. (fixed income investments/asset management; NASDAQ: KCAP), Chancelight, Inc. (for-profit education), Norcraft Companies, Inc. (building products) and Brite Media Group LLC (specialty advertising). He has also in the past served as a director of Accuride Corporation (heavy truck components; NYSE: ACW), Consolidated Advisors, LLC (asset management), Domino’s Pizza, Inc. (restaurants), Freightcar America, Inc. (rail cars), Global Crossing Ltd. (telecommunications; NYSE: GX), Heating Oil Partners, L.P. (energy) , IASIS Healthcare Corporation (hospitals and insurance), Millennium Digital Media Holdings (cable/telecom), Morris Materials Handling, Inc. (capital equipment), NSP Holdings LLC (safety products), PrimeCo Wireless Communications LLC (communications), Source Financial Corporation (retail), Standard Steel, LLC (railcar components) and Transportation Technologies, Inc (heavy truck components). He serves on the Advisory Board of the Richman Center for Business, Law and Public Policy at Columbia University, has served as a member of the Cornell University Council and the Cornell University Undergraduate Business Program Advisory Council, and is an emeritus member of the Advisory Council of the Johnson Graduate School of Management at Cornell University. Mr. Bloom graduated summa cum laude from Cornell University with a B.S degree, from the Johnson Graduate School with an M.B.A degree and from Columbia University School of Law with a J.D. degree, where he was a member of the Board of Editors of the Columbia Law Review.
that is incorrect and you would know if you do some better digging.
It explains how superficial your dd is
market makers have to short to provide for the liquidity . They normally have to cover after 3 days but there does not seem to be a strict control on that. I have seen that happen many times so nothing abnormal.
Notwithstanding the slow process I remain a VERY optimistic shareholder and want to accelerate the time to see what unfolds in the second half of the year.
i could have sold over the years with a big profit but never did Peter.
why?
because it is going to get much higher
I am glad we agree on one thing and that is that this is a fantastic project.
so you do not see anything positive in this project?
do you have projects where you also write positive comments?
Maybe we can meet with some LWLG investors?
Hate is never a good sentiment to judge an investment .
I am turning 80 this year and I have never met a management team that is as committed as the one at Niocorp.( and I have met a lot of management teams in my professional life and afterwards )
In my 15 present investments they are my number1.
Under difficult circumstances they have continued to improve the project to a level where we are now and one does not have to be a financial expert to understand that with the addition of the rare earths the
discussion about scandium prices has become a non issue and that the NPvalue will surpass the previous figures.
to be entirely correct. John retired from Niocorp a few years ago and is only paid when hired as a consultant.
Met John several times; Invaluable asset for Niocorp with a vast experience . Again lot of respect for the work he is doing for us.