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Today we hit easily 5 USD, going NORTH !
It’s just “happening” folks !
Bye bye
We are working hard to close additional commercial agreements by year end, but since, these are long deliberate processes, we can't guarantee that we will do so. *****I CAN LIVE WITH THAT **** GO MR. LEBBY !! *******LET IT HAPPEN ****
Boom !!
The new rules allow for the following:
Full flexibility for setting a project's grace period, repayment profile, and maximum repayment term, subject to a maximum average life of 5.25 years; or
The extension of a project's average life up to 7.25 years, subject to constraints for setting a maximum grace period of 2 years and a maximum repayment term of 14 years.
In this case, the mine will have to be productive two years after signing the contract.
I must admit that it is indeed becoming difficult for many of us and it is always a disappointment that it is taking so long. In recent years there have been more press releases about testing and further research of soil samples as well as the necessary private placements, the eternal wait for the results of the feasibility study does not make this much brighter, it would not be surprising that they will one day find Testobium :)
In every forum you have people who are pro or contra, I used to be pro jeunkie for years... I'm not saying I'm contra but I'm trying to warn people about the risk here, your personal attack on me leaves me completely cold, is like politicians who are also used to taking criticism and from your way of writing I also see that you are not happy with the current course like many off us on this forum, but let me say one more thing before I leave this forum here for good: can do you now guarantee 100 % that EXIM will grant the loan of 800 million to Niocorp ? I do not think so ! It is a huge risk to invest in Niocorp this at the moment… Niocorp will stand or fall with EXIM's decision regardless of all the work of the past years
Can you give me an example of an approved loan to a mining company by EXIM over the past 5 years? I will give you an example of a loan refused by EXIM bank.
For example, take a look at Bluejay Mining PLC ticker BLLYF has received a letter of interest from EXIM on 15/02/2021 for an amount of only $208 million, the loan HAS BEEN REFUSED and the price is still one tenth of the price on date application, what do you think will happen here if EXIM refuses the loan to Niocorp, we will talk to each other next year and no hard feelings just look out!
https://polaris.brighterir.com/public/bluejay_mining/news/rns/story/xeql9zx
https://find-and-update.company-information.service.gov.uk/company/05389216
https://finance.yahoo.com/quote/BLLYF?p=BLLYF&.tsrc=fin-srch
https://www.ajbell.co.uk/articles/stockmarketwire/218399/bluejay-mining-receives-letter-interest-us-exim-bank-fund-dundas
https://www.google.com/finance/quote/JAY:LON
https://img.exim.gov/s3fs-public/reports/annual/2022/EXIM_2022_AnnualReport_R.pdf
I have the right to speak and post because I had half million shares during a very long time and lots of my friends still have shares and I feel responsible for that !
Mark has of course been able to buy his shares very cheaply at -/+ 0.15 CAD times 20 million is 3 million CAD is 2.25 million dollars, with a salary of half a million dollars a year and all interest at 10% for his loans several times ! !! he has been allowed to collect very well in the mean time, so he has his money back and all the rest is peanuts, has nothing to do with confidence .
Reading the last filing, there will be a massive sell off today because management failed completely, a real shame ! There is only one place for them ...
Mr Santos my posts are not sobering but realistic, read very wel my post from April 2022....where is the FS ?
Thursday, April 14, 2022 4:19:55 AM
Post# of 101286 Go
Schedule First Production Niocorp
I have been a shareholder for 8 years and I read the forum here daily, like the newspaper. Most of the posts are about soil investigations that have already taken several years but has anyone already wondered when the first production and sale will take place and in which year Niocorp will be able to present its first quarter results with a profit.
With upcoming figures and update of the FS which according to Jim Sims will be announced in 2022 (could also be end of 2022) + negotiations with financial institutions, earliest possible start of mine construction spring 2023 + 44 months to build let's say 4 years means at the end of 2027 the construction of this mine will hopefully be finished with the first production figure spring 2028, am I looking in the right direction?
Over the past 31 years EXIM has spent 9 billion on loans equates to $290 million a year, so Niocorp will need almost three times more, in other words what EXIM normally spends on loans over three years will Niocorp need here at once, let’s see what will come out of this.
Exim will also get its first repayments read carefully after 4 to 5 years .
The Export-Import Bank of the United States (EXIM) is the nation's official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth and keeps America strong by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.
A project finance letter of interest from EXIM represents only a preliminary step in the formal EXIM application process, and the Letter of Interest states that the communication “does not represent a financing commitment” and “is not an explicit indication of the financial or commercial viability of a transaction.”
Let' s hope for the best
The value of the firm is down $200 million in the past few months to barely $114 million coming from $300 million soon we'll be below $100 million...if you want to start borrowing $1 billion (any way) ) this will only get more difficult ... Borrowing 10 times more what the company is worth at that moment seems to be not easy ... which bank will join this story? Anyone have an idea?
Double digit numbers will be there very soon ...
It's really happening folks !
For me, niocorp is a company that has been specialized for 40 years in carrying out soil investigations and placing private placements, no more and no less, really frustrating ...let's see what the market thinks about this.
BOOM !
BANK OF AMERICA SOLD HIS SHARES, CAN SOME ONE EXPLAIN ??
BANK OF AMERICA CORP /DE/ 03/31/2023 100 -167,600 -99.94% $0
https://www.nasdaq.com/market-activity/stocks/nb/institutional-holdings
VERY BAD
with only a statement of intent from the bank we are in fact even more confused and so far there is absolutely NO certainty that those funds will come.
We are back at the share price from february 2011 is 12 years ago, for nothing !! what is happening with this company !
Many thanks Avokil
Could you copy and past the text please you need to subscribe there ...thanks
The final hours approaching to get on board cheaply, before the boat leaves for NASDAQ. GLTA
Niocorp in the Press Today ... one of the most important news releases in 10 years .. finally, the next three years will be like a roller coaster ! Congratulations to the entire Niocorp team !
https://www.benzinga.com/pressreleases/23/03/n31223149/export-import-bank-of-the-united-states-issues-letter-of-interest-to-niocorp-for-potential-debt-fi
https://minelistings.com/mine-news/niocorp-stock-rallies-on-800-million-funding-interest-for-elk-creek-project/
https://www.prnewswire.com/news-releases/export-import-bank-of-the-united-states-issues-letter-of-interest-to-niocorp-for-potential-debt-financing-of-up-to-800-million-for-niocorps-elk-creek-critical-minerals-project-301763593.html
https://www.cbsnews.com/colorado/news/niocorp-developments-mine-strategic-minerals-metals-united-states-centennial-colorado/
https://www.mining.com/niocorp-stock-rallies-on-800-million-funding-interest-for-elk-creek-project/
https://www.northernminer.com/news/niocorp-stock-rallies-on-us800m-funding-interest-for-elk-creek-project/1003852751/
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/391-tsx/nb/137537-export-import-bank-of-the-united-states-issues-letter-of-interest-to-niocorp-for-potential-debt-financing-of-up-to-800-million-for-niocorp-s-elk-creek-critical-minerals-project.html
no official announcement yet , what I already expected why would Lebby write a letter to the shareholders on December 19th and announce big news after barely 3 weeks then his letter of December 19th would have been pointless, is just my opinion …
Well Our turkey for this Christmas has been smoked, not much left, but don't worry next year it will be a turkey that you can eat with the whole family, Merry Christmas to everyone from Belgium.
Lowest volume in a year ... most of the time it means something ... silence before news coming ?
I hate the Fed totally irresponsible, why such a rush, destroys all markets worldwide!
Like this part : "Looking into the second half of 2022, we continue to make significant progress to further advance our commercialization efforts alongside our global foundry partners, while buildout out our IP moat with each technology enhancement. Taken together, these improvements are enabling an expedited commercialization process through simplified manufacturing. We continue to focus on the capital markets, attending a variety of investor conferences and achieving inclusion on the Russell 3000® Index. I look forward to providing further updates as we move closer to our end goal of mass market commercialization," concluded Dr. Lebby.
ECOC EXHIBITION INDUSTRY AWARDS
IN CONJUNCTION WITH OPTICAL CONNECTIONS
Launched in 2020, to celebrate the 25th anniversary of the event, ECOC introduced the ECOC Exhibition Industry Awards, in conjunction with Optical Connections.
INDUSTRY AWARDS IN 2022
The awards return for 2022 and will once again emphasise technology and product commercialisation; they highlight significant achievements in advancing the business of optical communications, transport, networking, fibre-based products, photonic integration circuits and related developments.
The committee reviews the progress of advanced technologies from research to commercialisation including volume production as well as new and innovative products.
Winners will be announced live in the exhibition on Tuesday 20th September.
I am thinking the same direction. With upcoming figures and update of the FS + negotiations with financial institutions, earliest possible start of mine construction spring 2023 + 44 months to build let's say 4 years means at the end of 2027 the construction of this mine will hopefully be finished with the first production figure spring 2028. Still a long way to go.
After 35 years not one dollar profit, what is going on with this management, 100 million burned in all those years on salaries, hard to still have faith, one thing they can sell for sure is hopium !
February 27, 1987, “IPC International Prospector Corp.”
May 22, 1991, “Kingston Resources Ltd.”
June 29, 2001, “Butler Developments Corp.”
February 12, 2009, “Butler Resource Corp.”
March 4, 2010, “Quantum Rare Earth Developments Corp.”
March 4, 2013, “NioCorp Developments Ltd.”
Thanks Nebraskan
Thanks Putz , I think it was founded in 1987 ... is 35 YEARS ago ...
Can someone tell me in which year Quantum Rare Earth (Niocorp) was founded and
was Peter Dickie the first CEO? Thanks
NioCorp Developments Free Cash Flow : €-5.06 Mil (TTM As of Dec. 2021)
https://www.gurufocus.com/term/total_freecashflow/STU:BR3/Free-Cash-Flow/NioCorp%20Developments
NioCorp Developments's total free cash flow for the months ended in Dec. 2021 was €-1.19 Mil. Its total free cash flow for the trailing twelve months (TTM) ended in Dec. 2021 was €-5.06 Mil.
NioCorp Developments's Free Cash Flow per Share for the months ended in Dec. 2021 was €-0.01. Its free cash flow per share for the trailing twelve months (TTM) ended in Dec. 2021 was €-0.02.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was -12.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 17.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Free Cash Flow Growth Rate using Free Cash Flow per Share data.
During the past 13 years, NioCorp Developments's highest 3-Year average Free Cash Flow per Share Growth Rate was 62.30% per year. The lowest was -181.10% per year. And the median was 22.60% per year.