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.
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.
A € 180 billion revenue company. I hope people realize this. Stellantis’s name may not ring a bell immediately but 180 billion revenue and 300000 employees seems big enough to instill confidence in the future of Niocorp.
“ Term Sheet Also Envisions a Possible Strategic Investment by Stellantis in NioCorp's Elk Creek Critical Minerals Project”. That would make a lot of sense.
Wonder where Toyota, Volkswagen and Ford will purchase their supplies of rare earth? Anyway great news: a very likely strategic partnership and investment with a reputable global company. Banks will like this.
To be able to attract a talented professional like this gentleman is a tribute to Lightwave.Impressive resume.
Just for your information.
USA has around 50% manufacturing share and more than 90% marketshare in transceivers. That means almost 40% of transceivers are imported by US companies from abroad ( mainly China)!
LWLG transceivers might well be replacing imported Chinese transceivers in future. LWLG transceivers make American supplies less dependent on China. USA manufacturing share may rise as a result.
Shorting LWLG seems pretty ‘unpatriotic’! LOL
Putz it’s all about managing expectations. In an important undertaking like the SPAC, I would have taken my boss along during every step of the process, My CEO, in fact most CEO’s , would have demanded to be involved in every step given the strategic and operational importance for the future of our company. The CEO would have supported me and would have assumed full responsibility. Good things and bad things happen in every company. Doesn’t mean
The CEO needs to be sacked. Mark and Dan planned every step carefully. They had good reasons to expect a positive outcome, Didn’t work out despite good intentions from almost all SPAC shareholders. The reasons have been explained. I will not repeat myself, As for Mark’s compensation. It’s all a matter of perspective. My CEO made 18 million a year . Often reporting record earnings and the SP would go down. Sacking a few thousand people and the SP would go up! , Managing expectations can have absurd outcomes in the Street. You told me you are happy the SPAC and that it’s dilution didn’t fly. Me too in hindsight. So let’s get ‘r done. Let’s look forward . Happy 4 July.
Remember this message I shared in November 2022 when I participated in Photondelta PIC conference in Eindhoven? LWLG was present, Probably not , Nevertheless always nice to speculate now that a bunch of senior NVIDIA leaders are on Lebby’s contact list,. My Ihub message at the time:
“ Saw an interesting presentation from NVIDIA on its Artificial Intelligence Engines. Spectacular stuff about how to make this AI robots learn and work. Really cutting edge. NVIDIA presenter Henning Lysdal VP of Engineering told the PIC summit crowd: biggest current hurdle, problem to move forward the slow speed of current transceivers. Too many, too slow. Needs a universal platform faster, lower power and easy to integrate into current digital design and pdk tools.
Be aware that USA has 93% marketshare in transceivers ( 53% manufacturing share) and that US companies are confronted with increasing electricity bills.
You get it, what is ubiquitous, power efficient and fast? What can be easily integrated in current EDA and PDK tools. You got it: LWLG.” Pure speculation of course, but than why are all these NVIDIA officers on Lebby contact list?
During a rainy moment I kind of started to skim through the Lebby contact lists on LinkedIn. Happy it kept raining because Lebby’s contact list is pretty large. I kind of skipped the contacts where he shared the contact with Pozo, Carlos Lee of Optica and EPIC assuming these were conference contacts and nice to have, but not operational contacts ( wild interpretation) and I concentrated on the Lebby ‘only’ contacts. Started to look for Broadcom, Marvell and Texas Instruments ( given the DSP elimination would make them ‘ commercial victims’ ) and yes these companies and senior leaders were in the list. In fact the list was basically a ‘who is who list ‘ of the semi conductor and photonics industry. What caught my eye was the number of NIVDIA executives and senior leaders: SVP of M&A and Head of investments, VP Business Development, SVP Data Architectures, Director Engineering and some others. Intel was on the list and especially the presence of a Board member for Corporate Strategies I found interesting. Google was present with a couple of persons, Meta including CTO and executive board member Katherine Schmidtke. Google, Facebook/ Meta and AMS were all present. Acacia ( Cisco) and Ayar Labs ( Intel) . Just highlighting the ones I thought interesting. What surprised me as well were the many contacts in the Merger and Acquisition business. Probably a result of Lebby’s past assignments, including head of M&A photonics at Intel. Thought I share this. No conclusions can be attached, but maybe it helps to understand Lebby’s enormous network in the Industry.
Demolition Man. I don’t think I said that management did everything correct. Been long enough in corporate America to understand that where people work, mistakes are made. Especially a complex junior mining project in the US with limited resources and a small team of people is a challenging undertaking. These guys have come very far. The project is de risked, off takes are in place, it’s financially very promising and all the permits are in place. Financing will follow. Strategic metals are in high demand and geo political circumstances have changed in favor of the project. Under these circumstances these guys have not stopped working and have been improving the project. Within any corporation financing would have been a done deal. Outside financing is more demanding, especially if general financial circumstances are deteriorating ( COVID or Banking Crisis). Yes, we have been asking the critical questions, whether you believe it or not. My judgement is that this project will be financed.
Very good you informed the company directly. You did the right thing. I don’t see that as a reason to vent your criticism here on Ihub as a judgement how disqualified C management is. I hope C management has better things to do. They have a pretty ( professional) website.
Lewrock, great post. Your concern may well be an opportunity for Broadcom, Marvell and TI. Their best option is not to fight with Lightwave but to continue to listen to the requirements of their customers. I am sure the conclusion must than be to gain control or join Lightwave. The outcome of this process maybe very beneficial for LWLG shareholders. Whatever, I wouldn’t be to concerned, because customers have a big say here.
The absence or lack of critical thinking amongst messengers worked out well for the share price yesterday. It went up. Happy to note that there is little correlation. To the contrary, it seems there exists a causal effect between Turbo Ted’s frequent messaging and the share price. Don’t know how to label that phenomenon , but I do like ‘ Ted Moore’s effect’ as somebody suggested. Being ‘ disheartened by the lack of critical thinking ‘ sounds pretty arrogant and disrespectful to me, especially from some one has shown not to understand the technology, the product development process, the industry dynamics and the roadmap to commercial success. Some one who makes a living in trying to pinpoint inconsistencies in other peoples well meant messaging and confuses that with ‘ critical thinking’. I try to see your disproportionate presence here as a good sign for the share price.
The space to maneuver is getting smaller and smaller. The law of diminishing returns should start to apply, Unless something or somebody is prepared to accept an open check for any losses.
Two observations. With the Russell listing a wider and larger distribution of Lightwave shares has taken place (at around $ 6,75) in index funds. A larger part of professional investment funds now owns or follows Lightwave Logic. The institutional ownership was at 27 Mio in May and seems to have remained around this number to date. The outstanding orders still to be delivered ( already sold, shorted shares) have increased to 23 Mio. One of the highest market short ratios , nevertheless trading volumes for LWLG have picked up nicely this month.
Second observation, the shorts are very present here on Ihub likely driven by concerns to lose control especially now that more important professional market parties and market cloud have been added.
The fact that there is little information to time the market and that this week somehow is still an integral part of the companies ASM timing and milestone guidance presentation adds to the tension at this board .
Shorts are on edge, rightly so. There is a lot of money at stake and their trading position has lost relative importance and therefore has deteriorated.
The company has the power to surprise the market and I think Lebby, if at all legally possible, prefers this scenario given the ‘ ‘unjustified short position’, of which he is well aware. IMO, LWLG shareholders will be positively surprised. I prefer to follow the company information and not your interpretation, even if it takes more time.
Based on the overwhelming number of ‘ naysayer’ messaging during the weekend, I expect a share price rally today.
Although I agree that a lot of transactions are outside the normal trading hours and MM’s have control over the share price during normal trading hours, the prices outside ‘off market’ follow the normal ( controlled) trading hours pricing. MM’s like Citadel make their money on order flow, that is number of transactions, not on the share prices. If there are e.g. no buy retail transactions, their interests shifts to sell transactions or shorting for that matter. Volatility is Market Makers biggest friend. Lightwave with its large “ holding” retail base and low float is a ‘pretty bad business’ for Market Makers. Overall on stock exchanges there are around 40 Mio share transactions/day or 10 Billion per year ( rising very fast over the last couple of years ). Lightwave has on average a couple of hundred dollars thousand share sales per day, which means probably a few ten thousands of transactions, a minimal impact. LWLG is small fish. 23.5 Mio shares are short ( these are sell transactions) for which Market Makers already paid their PFOF fees to brokers. Money down the drain, but in the ‘ grand scheme’ of things a minor loss to absorb temporarily, because the shorts need to cover and bring in new transactions.
Our LWLG share price will change when Market Makers see more buy transactions coming along. That’s when a cataclysmic news event hits and new demand will surface. I think we just saw transactional volume rising ( at around $ 6,75) thanks to Russel reconstitution. Good sign in my opinion, because it means new demand & more share distribution & transactional volume.
Putz, we had dinner, we relayed what we thought relevant to all you guys, even if it was non verbal communication. No sensitive or forward looking statements were made, you know that, the Niocorp representatives made sure they didn’t release anything what could be construed as such and here you are trying to win an argument . If you want to be drowning in your own frustrations up to you.I would say, let it rest and change subject.
see my post 97153
Here is another interesting video, I was made aware off by S.Schiets. Larry Fink of Blackrock anticipating the tokenization of securities.
The complete elimination of the current intermediary trading system. Trading between the owner of a share or security and the buyer, who are both identified through an unique code.Complete change in the current trading eco system. A next revolutionairy step facilitated by the BIG Wallstreet Investment companies. Huge Billion Dollar margins from Market Makers moving to the owners of the security.
No more market makers , no more Citadels - trying to maximize transactions - no PFOF tricks, no more naked shorting, no more disconnects between the DTCC ( Depository Trust of Share certificates) and Market Makers ,no more black markets, off markets or any other hanky panky. Would't that be nice.
Best is for this change to be successfull we need LWLG technology.
T&T. Don’t speak in the plural ‘ we’. If they would have failed me, I would not stay invested and I would move on . if you spend time to criticize a management team and don’t believe they can pull it off and you stay here, you have only yourself to blame. Don’t try to pull others into your predicament.
Correct, that’s always my assumption. Otherwise I wouldn’t be invested.
Some of our frequently messaging ‘soul mates in negativity’ are trying to obscure the fact that there are hardly any shares available for trading and certainly not enough to satisfy the index funds on the various exchanges. Niocorp shareholders are now being ‘stalked’ by their on line brokers to loan out shares ( to short) and to see if they can ‘ shake the tree’ amongst retail investors. Hold the line, because with our very low 30 Mio float, volume and shareprice are bound to rise, if you don’t put your shares on loan.
T&T . Just to put the record straight and maybe to inform other NB shareholders as well. The GXII shareholders overwhelmingly voted in favour of the Niocorp proposal on the 16 March 2023., but indeed redeemed their shares for cash.
Here is the story as I understood it.
On the 6 March 2023 Niocorp shareholders voted 96% in favour.
On that same day, the 6 March, the Silicon Valley Bank experienced a bank run and declared ultimately bankruptcy on the 10 March.
During the week-end 11-12 March, following the SVB collapse, more regional banks started to run into trouble and the FED, major banks and the government discussed how to save the ( regional) banking system and to avoid a major nationwide collapse.
In that same week 12-16 March, the GX shareholders ( mostly institutions and index funds) with major exposure to the US banking system needed to vote, Majority voted in favour, but almost all opted to redeem and take the cash, a choice for further risk avoidance and exposure. This redemption decision wa taken, despite the fact that the majority of large GX shareholders had declared not to redeem in the weeks before the banking crisis. As they say “ Shit happens”!
‘Water under the bridge’ now, part of history. Let’s focus on the future.
Thanks for putting this into perspective. Nice to see how the company has developed and to see the ‘ frugality ‘ of Jim Marcelli. Where Lebby is a Godsent for the technology and strategy part, ourJim has been a careful operator. Kudos to the team. We have been very fortunate as retail investors to have joined Nasdaq without any meaningful dilution.
Just to highlight the importance of power consumption and CO2 reduction for data communication centers, To deal with it companies buy CO2 credits. In an almost continuous trend, driven by environmental legislation and global tendency to tackle environmental pollution, the price of CO2 reduction credits has risen sharply in recent years.This week, technology giant Meta, Facebook's parent company, announced that they have purchased 6.75 million CO2 credits. The credits come from carefully selected nature projects.The company indicates that it has opted for CO2 credits from large-scale nature projects because the company only wants to buy credits of the highest quality. Pay attention! Meta buys these CO2 credits by prepayment. There is such a huge shortage at the moment, that companies have to wait a few years for large amounts of credits. The CO2 credits Facebook has now purchased are expected between 2027 and 2035.This buy is therefore more of an investment and such an impressive investment should attract the attention of any savvy investor! LWLG would be a nice alternative and complement Meta’s CO2 reduction effort.
Th and others. Good Morning. This morning I was trying to consolidate all of Grunt’s recent financial projections based on the latest market pricing, new and confirmed extraction numbers and comparing that with the old Feasibility study. I came up with some surprising numbers for yearly gross revenue and potential yearly ebitda. Based on the current float, but also using different and higher share counts, I calculated some staggering net earnings per share. So much so, that I am reluctant to share them here, seems too wild. Would love for Mr. Grunt to give us his consolidated new numbers for the projects’ gross revenue, ebitda ( no tax ) and possible net earnings per share.
On an other note, I think our share price will soon start to recover. Volumes have been increasing, index funds ( possibly banks holding shares for etf’s) will soon need to have Niocorp representation, institutional interest will grow. Any news would just accelerate that movement. The current shorting activity is basically a pre-emptive strategy to position these funds at the lowest possible entry price. Good luck everybody. Th you bring luck.
Marco, I have shared this concern with Lebby in the past and he seemed very well aware.
Thanks. Russians understand the power of polymers as well. As I have been claiming for years and without unnecessary drama, this is the powerful stuff for which some governments kill.
Radar, honest answer. I have enough shares. Will not consider to sell any of my shares though. Can’t speak for Walter.
Putz, that’s my interpretation, hence my “ knows”. Equity will likely be needed as well. But the apparent likelihood of commercial debt financing together with potentially 800 Mio EXIM financing plus the German loan guarantee ( which is still in place) must get us pretty well to a comprehensive debt package and an attractive share count assuming current known capex requirements. Let me add that a strategic equity investment today is more likely than a couple of years ago. That’s what I think I understood between the lines.
And yes, we have been here before.
Please everybody understands that anybody, anywhere can organise a Niocorp investor event. Takes initiative, time and effort from the organisers and participants. We are fortunate to have WalterC doing this here in Europe. I feel it’s much better to have these face to face meetings than exchanging negative messages on this board between messengers who can’t change the course of events. Exchanging the outcome of this event on Ihub is positive for non attending shareholders.
Yesterday a group of important European investors had a “ Come to Jesus meeting’ with Mark Smith and Dean K. basically to understand moods, positions and path forward after the failed SPAC deal . Moreover to get to know Dean K.and his possible contributions to the financing of the company and to question and judge Mark Smith performance as Niocorps CEO. I will spare you the details. We had an open discussion and investors were able to vent all their issues and frustrations. I think Mark got the message. Dean understands what we expect from him. The messages both gentlemen received were at times pretty blunt and tactless. Let me just highlight the positive outcomes. Dean ‘knows’ project will be financed by commercial banks. No doubt, top project , hard assets, banks love it. Did put his reputation and experience as banker convincingly into the equation.
EXIM process ( 6-9 months) has three different elements in the Phase 1. First leg is
financial scrutiny by ‘ accountants’ This is a ‘go or no go’ for the next leg in the authorization process. This could be within around two weeks after submission ( in fact any moment). New for me. The next legs get into the technical side and underwriting criteria ( if I understood well). Russell addition will add awareness and volume ad well. Positive that the guys had the courage to come over and to listen. Convinced this thing will fly again soon.
Of course Putz. He has two million reasons ( plus 2,5%) to make sure this will be a success. He could have retired a rich man many years ago before Niocorp. He is persevering with this project and I admire him for that. I shake my head if I hear people here claiming he is filling his pockets with ‘ my money’. Angry , impatient people. This is a venture or private equity kind of exercise. Takes a lot of time, but therefore the rewards could be disproportionate. This is not an established known entity like a Rio Tinto with predictable yearly dividends yet.. This project is now max. derisked and will bring ever growing and disproportionate high shareholder benefits to us all.
Yes, and Lebby ( and me) agree that a market research company can look at history and forecast likely market penetration trends… but it can not capture new and innovative solutions in its TAM projections. In other words the TAM market projections are conservative as well.
“ How did you get bankrupt” Bill asked. “ Two ways, “ Mike said: “ It happened gradually and suddenly at once. “ Ernest Hemingway , The Sun also Rises.
“ Tell him since we have lost well over 50-90% of our stock and company value he needs to take a 50%-90% pay cut on his end....Someone needs to ask him in person this exact question to his face”.
Hasn’t he 20 million ( now 2 million plus) shares in the company as well? Seems his financial stake in the company is nicely aligned with the rest of the shareholders. I guess he has financially more at stake than many other retail shareholders ( probably even you].
Putz, I have some experience with financial analysts and their forecasts. Let me say that analysis is a rather scientific activity including earnings per share forecasts. However you put a number of analysts together and you need to start looking for a ‘consensus view’ since every analyst has an own opinion. Earnings per share forecasts can vary substantially. Wainwright lowering to 13 is a surprise for me as well. The poor guy has been giving these forecasts quite some years. I think it’s the reflection and disappointment of a long wait which got to him as well.
I believe we still have a ‘once in a lifetime’ project and we will ee the shareprice explode once we get our financing arrangements in place. Much higher than the $ 13 of Wainwright. We are in ‘ stealth mode’ and I i think clever shareholders are accumulating at these prices.
I guess the big guys buy off market.
You would imagine an algorithm understands when the law of diminishing returns has arrived and than switches gears to a different mode, I guess the algorithm is as clever as the people who designed it!
Tkg, during my years here I have heard powerconsumption for datacenters from reputable institutions from 5% in 2016 to 25% in 2025. That was well before AI and largely based on video usage exploding. Most charts I saw ( I am not going to dig them up) were around 3% around 2016-2018. Since than powerconsumption projections have ‘suddenly’ become less alarming, Strange forces at work. It is by all means the biggest ( ‘masked’) industry problem and it’s getting more of an operating problem by the year.
Putz, I agree. Right from the start of his tenure at Niocorp Mark Smith told us that he wanted a strategic partner ( somebody who’s interests were well aligned with Niocorp’s). The SPAC did not fit the bill! So back to the original plan?