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ok. you get a mail today
could you send me your email
Yesterday I was present at the Safecapital meeting. Mark Smith and Dean Kehler were stuck at the airport and could therefore not make the trip in time but gave a livestream presentation which Safecapital hopes to have a replay ready by Thursday. I will ask permission to get it distributed. I think everybody will love it.
. keep your eyes and ears wide open.
Mark and Dean will also come in June to Europe.
The recovery rate on scandium and rare earths are the same . 92 percent. That was announced a few weeks ago
about 172 in the room and about 300 on livestream
he will present live. He is arriving in Ghent tonight
It looks they are doing it one by one
tomorrow
the fact is that after talking to Michael i found out how dumb some of these questions were and I became even a stronger believer in LWLG
Read the previous Pr's
you get that wrong
I understand he has also other meetings in Belgium.
indeed the latter
I am meeting Michael Lebby in Ghent on Saturday where he will give a presentation for hundreds of investors.
I remain a big believer.
no connection
when the mine is built and running I will write a book about the Niocorp saga and you will play an important role for keeping it real.
again with respect Putz meeting someone in person as opposed to looking at a video is so much more valuable.
Thank you for the respect.
My advice. Talk to Mark and find out who he really is
your 3 4 and 5 are all included in my category 2 Putz
You are clearly a number 2
exactly what I think
everything will be discussed. Do not worry.
i am sure he will want to sit on the first row during the groundbrakingceremony
There are two conflicting negative views on the possible succes of NioCorp which come back regularly when I read through the message board.
1) The deposit is not worth what the FS ( made up by independant experts ) is telling us as scandium is never going to be sold at the price used in the FS.
2) This is a fantastic deposit but management is incompetent because they are unable to get this project financed after so many years.
I hope everybody can see these are two very conflicting views. Either the deposit is not worth the effort and that makes management brilliant to bring it as far as we are now , or the deposit is fantastic but we have incapable management.
It is not a secret that I disagree with both views.
I think none of the two views are correct. I agree that it has taken much longer than everybody ( including myself)expected to bring us where we are now partly due to circumstances out of control ( the water issues, a new FS with the freezing techniques , Corona and now the addition of the rare earths) but certainly also the fact that part of the FS is based on the risk financers see for Niocorp opening a new market for scandium.
I think however the discussion on the scandium price will become a non issue because
1) The strategy of the company ( explained in previous conferences)to expand the project into verticals where they will share in the profits of the verticals making a transfer price not important.
2) The addition of the rare earths which will make the project profitable even at scandium prices of 1000 usd /kg.
The fact is that notwithstanding the frustrating delays the project is becoming more attractive than ever . The US is never going to let the Chinese do to Niocorp what happened to Molycorp .
I want to see the Spac and reporting issues behind us and see the demotest results asap to turn the page. My smile will be seen in Canada and the US.
( BTW for the Canadians , I lived and worked with my family in Toronto in 1973 and 1974 )
I may be buying a lot of shares in the next couple of weeks
Stephen Twyerould has been invited to speak at a conference in Ghent Belgium on May 27.
This may be the start of a strong come back this year
yes sorry. mistyping
the meeting is on 27 May
I have a lot of respect for you TH6565 You are 8 years older than me and I want to follow your example . I am invested in 15 startups and I love it. Niocorp and LWLG are my largest ones.
Investing in start ups requires a different mindset . It takes always longer than expected and there are always roadblocks to overcome. The succes depends on management.
Without Lebby we would have been nowhere at LWLG and the same goes for Mark with Niocorp.
I can assure you that we have a top management here at Niocorp that I have never seen before in my life and I have talked to many in my professional career. These guys are determined to make our project a success.
On 17 May I will have both CEO's in Belgium ( Mark and Michael Lebby and also Dean Kehler . I can assure you the questions will be thorough. - I am really looking forward to the event. There may be as much as 200 in the room and 300 to 400 watching on internet so this is not happening somewhere in a backroom as some suggested.
We will have dinner with the CEO's afterwards and one on one meetings
It is quite possible that Marcelli followed a cashless option procedure which I have seen in many of my other start up investments. where the part that was shown as a sale was in fact a cancellation of the options .You net them off. They are cancelled from an accounting perspective, but the transaction gets reported to the SEC as a sale. The proceeds of the cancellation is used to ‘pay’ for the shares that go to the options holder. The money from the options cancellation is then reported to the IRS as ordinary income, so the option holder has to pay tax on that. Thus, there are significant costs to doing a cashless option (fewer net shares and an ordinary income tax hit)
[. this may have happened here as well
I would be very surprised if we have no news about the demotesting by L3 before the end of the month.
I have the impression that this would have been the holdings if none of the Spac hedge funds would have withdrawn their funds, but they did so I cannot believe these figures are correct at this very moment.
The outcome was a punch in the gut Matt for me so do not twist my intentions. . I was indeed pro Spac but I was obviously not happy with the result. . I would have loved to see it happen and move on and put the red shovel in the ground ( not my head-lol).
You are a trader and you have all the right to do so . I am not a trader.
Please tell everybody the moment you are back in.
sorry double posting
I value your opinion Stark and also for me the Spac deal was a punch in the stomach but I am confident that we will be succesful.
I understand frustration and disappointment when you have to show that much patience. But I am turning 80 this year and I know my fellow poster th6565 is even a lot older but I know he will agree that when you have a unique project and the correct mix of management team you have to stick to your investment and belief. This comes from my experience in investing in about 15 start ups and everywhere in these start ups I find the same type of believers and non believers with different agendas.
Except for 1, I know every CEO of all my start ups and have met them several times , invite them to Belgium and continue to feel extremely confident. confidence in management is my number 1 criterium and that does not change when things are at times more difficult. That happens all the time on all my start ups.I am in a good position to judge that these CEO's can overcome these difficulties. I read comments all the time of shareholders that were very positive for years and then turn negative and then quit just before the good things are going to happen. Do not let that happen to you.
as a former accountant and partner in one of the big 4 ( or was it 5 at that time ),I recognize the problems and the complexity with reporting on business combinations . It does not effect the financials.
In flemish we say " een scheet in een fles" and nothing to worry about but the perception of course is not good
This was definitely not the PR we were expecting and it gives food for all the naysayers .
I am waiting for the news whereby all the naysayers will suddenly disappear and go back to their local pub
Am I buttering at both sides?
yes he does .
What a pleasure to find positive constructive investors who know what they are writing about.
As to what Niocorp should or should not have done ? As you know, the duty of a CEO is to make the best decision possible given the facts and circumstances at the time. If Niocorp products (all critical and strategic) had been a real concern by the U.S. government a year or two ago; if Russia would not have gone to war with the Ukraine a year ago; if Covid had not occurred three years ago; if China had not become as big of a threat as they have become; and/or the current banking crisis had not occurred; maybe different decisions would have been made by NioCorp management However, , unfortunately, nobody had the luxury of hindsight.
Maybe 3 years ago we should have looked into the charts or should have used astrology and we would have decided earlier to do also rare earths
especially asking questions why Niocorp did not include rare earths a few years ago in their F S is frustrating as this has been explained several times on this board.
good for you Frank
this is the website https://www.safecapital.eu/welkom/
I do not think your link has anything to do with our Safecapital .
Safecapital issues a newsletter . Brecht Arnaert , the owner was previously editor of Macrotrends but recently started Safecapital
Safecapital issues newsletters and organizes events.
Although I disagree on a lot of political and social issues with Brecht Arnaert we have the same interest for investments in especially start ups which Brecht presents in his newsletters and at his events. For him its business; I also write newsletters but they are free and I do not give advice.