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.
Maybe someone should contact the local news media in Nebraska and get the pulse of the local shareholders now.
…..but, but, but Niocorp is on NASDAQ. The institutional investors will be gobbling this up when we get on NASDAQ…….lol
Just wait until the final report from the demonstration plant is released. It’s only been a year for what was supposed to have been weeks. Just wait, you’ll see…..
Just wait until NASDAQ, right?
Great analogy! SKOL!!! LMAO….the clowns in Centennial are bringing in Yorkville to finish off the retail investors so Dean and team can come clean up and make even more $$$$
Careful what you wish for. Yorkville plan B is what plan B is to a developing fetus. Yorkville is a Great White shark compared to the nurse shark that Lind was to Niocorp investors. Convertible loans are notoriously known for destroying a company’s share price because they will drive the share price down, convert the amount of money owed to them at a low share price, sell and repeat the process over until the stock is worthless. It’s a win, win, win for them. It should be illegal.
I can not understand why management continues to do business with the dregs of Wall Street.
I had a friend turn me on to Niocorp some 7 years ago. I have bought from in the low 40s to above $1 in that time. With that said, I am currently below me overall average.. I do not hold that against my friend. Given the DD and promising words from management over the years, I do not find my friend accountable.
I know there are several investors who are under their average SP. These investors were not expecting massive returns immediately and have been investing over the years. They are furious that the company cut their shares to a tenth of what they had and gave the GX gangsters their payday and the company got little to nothing in return.
To top things off, we find out that the Feasability Study will not be completed until the end of the year. Investors are mad as hell and I bet some of the most ardent supporters on this board are as well. How could any investor with years in be happy with the SPAC deal and the resulting plummeting of the SP. We have yet to hear from management on why they missed the mark on the financing from the SPAC deal. Why are they not addressing investors questions on this clusterf@#k of a deal?
Short term mentality…..lol I’ve been part of this joke for over 7 years. Like many investors here that are at near break even or in the red after holding this turd for nearly a decade. The promise of financing and the beginning of construction has been going on for years.
We are supposed to be happy about a 10 to 1 reverse split and plummeting share price and you want to insult long term investors by making a comment about short term mentality?!?! Try again!!! There’s many long term investors who are mad as hell with the constant delays and poor performance from management. This SPAC deal was a joke and now we have two wolves on the board for nothing.
Now we are now told that there won’t be a Feasability Study completed until the later part of the year!!! Short term mentality…..lol You’re clearly not a veteran Niocorp stockholder!
“Final determination of any changes in OPEX or CAPEX for the Project will be determined through an update to the Project's Feasibility Study, which is expected to be completed later this year.”
The Feasability Study isn’t expected to be completed until later this year?! Project construction will not happen this year. It’s good to have some truth and transparency finally. FYI, that’s not disinformation.
Yes, as a Niocorp investor, this is nothing new. Management has used this form of financing through Lind for several years.
Yorkville is like the Godfather of death spiral financing and will make Lind look like amateurs. There is NOTHING good about the Yorkville financing and you should pray they do not have to take that financial avenue.
https://www.nasdaq.com/glossary/d/death-spiral-covertible
https://investmentbank.com/death-spiral/
That additional $81 million will come from death spiral financing by Yorkville. Convertible financing from Lind is nothing to what Yorkville will to to the retail investors. Fool me once, shame on you, fool everyone twice, three times…..etc…..fools
It’s nauseating how anyone can continue to try to spin anything positive with the SPAC deal and the resulting plummeting of the SP. Management should be coming to the table and explaining the clusterf*#k of a deal that was made.
The pumpers of this stock have no shame. The stock is down 40% pre NASDAQ from a month ago and yet they continue to kick the dead horse. Instead of praising people’s like Duke who raised awareness of what was to come, he is vilified for being right.
Niocorp management are the ones that should be held accountable for this disaster of a merger. The stock is literally following the same way the last stock, Celularity, that Dean Kehler and Jay Bloom massacred with their SPAC. Oh yeah, they are on the board of directors of that stock too. Duke said it would happen, yet numerous posters said he was wrong, but he was right. It’s time stockholders start holding management accountable and stop fighting each other.
The stock price has sank ever since getting onto NASDAQ. What do you think will happen when management takes out a convertible loan from Yorkville (aka Wall Street loan sharks) who are known for their death spiral financing deals? They make Lind look like amateurs and no institution will come near the stock when that happens.
Management is probably living it up in NYC with Dean Kehler and Jay Boom who they added millions to their already bloated net worth for bringing nothing to Niocorp investors. Management needs to get to Nebraska and Belgium for some town halls to get the pulse of the investors. They need to explain themselves for the clusterf*#k of a deal they made with Kehler and Bloom.
Reality check, Niocorp stock is down over 35% from the month high before the disastrous merger that yielded no money. It’s going to take more than the bell ringing to bring the stock anywhere close to the level it was before NASDAQ.
The company ushered two foxes into the hen house and they are about to feast on the flock.
Duke, those are some excellent questions that management needs to, but won’t address.
Look, a squirrel! This is finally it folks. The ringing of the bell is going to get things going.
Unfortunately, this company has not been able to succeed on the hopes and dreams of everyone who has believed in management. When the stock continues to falter, it will be “Just wait until the results of the demonstration plant.” Not to mention that demonstration plant process has turned weeks into months, and into a year. Everyone has hope in one hand and sh*t in the other once again.
Oh, and if you’re going to scream “Disinformation” on every post that you don’t like, back it up with something.
Explain why over 95% of the institutions redeemed their investment in GXII and the merger with NB. If institutions were so excited about Niocorp, there wouldn’t have been over 95% redemptions of the stock.
AO, Ms. Beverly Beethe is very much alive and well. It was her mother that passed. Many numerous other investors have also passed away over the past decade. There are numerous stockholders in Nebraska that have held on to the promise of a project with prosperity. They have poured their money into a project that they earned by the sweat of their brow, only to have some shady business deal with known individuals with a sordid history take away that hard earned money. To add insult to injury they are awarded with stock, stock options and two seats on the board!!!!!
The GXII deal was not necessary to get onto the NASDAQ. Management needs to be transparent about why they made this clusterf*#* of a deal. Instead, they hear from individuals like you telling them how great things were going to be with this merger and getting onto NASDAQ would be the bee knees. I’m sure the good people of Nebraska would love it if you would stand up at the next town hall they have there and announce who you are. I’m sure they would shower you lots of affection…..lol
But the deals created bad blood. Some residents who were left out were miffed. Others like Ms. Beethe question whether they got a fair deal, especially in an area where the price of farmland has recently skyrocketed.
“The way I got treated, I hope that they don’t treat the community that way,” she said.
https://www.sec.gov/Archives/edgar/data/1512228/000153949723000119/n2574_x79-425.htm
The way this team has managed to keep retail investors dumping their hard earned money into this investment while the predatory lenders have benefited greatly should be commended.
The stock opened up on NASDAQ with zero fanfare and follows with a plummeting stock price. Management has failed miserably in obtaining financing with the GXII deal and literally ushered the foxes into the henhouse with 2 seats on the board of directors. Shareholders deserve answers for this as Grunt would say clusterf@*# of a deal! One thing Niocorp management has been successful at is never failing to disappoint. Prove me wrong!
Niocorp has lost over $125 million in market cap value since October. Oh yeah, this deal with GXII was a brilliant idea. Stockholders have gained nothing from the deal except adding two foxes in the hen house to feast on the flock.
Ms. Beethe predicted this would happen. I imagine many of the local Nebraskans who are also stockholders are feeling betrayed.
But the deals created bad blood. Some residents who were left out were miffed. Others like Ms. Beethe question whether they got a fair deal, especially in an area where the price of farmland has recently skyrocketed.
“The way I got treated, I hope that they don’t treat the community that way,” she said.
https://www.sec.gov/Archives/edgar/data/1512228/000153949723000119/n2574_x79-425.htm
$20-30 is only $2-3 in today’s equivalent. With the number of shares being reduced x10. The market cap will be the same. Mathematics need to be brushed up on
The landowner from which Niocorp purchased the primary parcel from does not have anything good to say about the company and the way she has been treated.
Others like Ms. Beethe question whether they got a fair deal, especially in an area where the price of farmland has recently skyrocketed.
“The way I got treated, I hope that they don’t treat the community that way,” she said.
https://www.nytimes.com/2023/02/02/climate/nebraska-mine-niobium-rare-earths.html
There are lots of hard working folks in Nebraska. I’m sure they don’t take kindly to being misled to participate in a merger that has enriched the pockets of the GXII sponsors, while their pockets were being pick pocketed. Unfortunately, the thieves get two seats on the board instead of being charged. It is like getting mugged, then being forced to pay the bail fees and apologize to the assailants.
The people of Nebraska who have invested their hard earned money and time in this project are going to be very appreciative of a New York or California style of justice system.
Does anyone have any good idea why Niocorp management would have led us to believe merging with GXII would help shareholders?
The result of the disastrous merger has ended up putting $15 million into the pockets of Dean Kehler and Jay Bloom. They also have two seats on the Niocorp board and we benefited just 5 million dollars. The company could have easily did the 1 for 10 split without them. Niocorp shareholders have literally paid for these two unscrupulous people to be retained on the Niocorp board.
It’s not going to help
This is NOT disinformation. Again, the investors in GXII did not walk away winners and likely ended up in the red by the time the sponsor fees were paid. Dean Kehler and Jay Bloom walked away with $15 million and 2 seats on the board of Niocorp.
He proved nothing. Again, the investors in GXII did not walk away winners and likely ended up in the red by the time the sponsor fees were paid. Dean Kehler and Jay Bloom walked away with $15 million and 2 seats on the board of Niocorp. How pathetic is that?
Again, the investors in GXII did not walk away winners and likely ended up in the red by the time the sponsor fees were paid to who other than Dean Kehler and Jay Bloom. Dean Kehler and Jay Bloom walked away with $15 million and 2 seats on the board of Niocorp. How pathetic is that?
Let’s get educated here. The institutional investors did not make squat of a profit of any by the time the sponsees took their cut. The sponsors Dean Kehler and Jay Bloom made a killing for doing little to nothing for Niocorp to gain a measly 5%. Dean Kehler and Jay Bloom earned 15% and were given 2 seats on the board.
Lol…..when you’re a billionaire, you can afford the best attorneys money can buy!!! Show us the success stories that Dean a Kehler and Jay Bloom have brought to stockholders.
It is not disinformation. It is literally a mater of public record. Show me one success story of a shareholder under any company that Dean Kehler has been involved with, JUST ONE!
https://casetext.com/case/diep-v-trimaran-pollo-partners
https://courts.delaware.gov/Opinions/Download.aspx?id=322780
https://www.courtlistener.com/docket/4153219/daniel-turocy-v-el-pollo-loco-holdings-inc/
Looking back on your history of posts, you have been involved with this company long before the current management team had taken over. There are many questions that this management team needs to answer to the long term stockholders who have believed in their ability to manage Niocorp. One of the most intriguing questions would be “What happened to lender A who reportedly invested over $100 million to fund the Niocorp project?”
There are numerous other statements and claims from management that never came to fruition.
You’re a funny guy. We’ve heard you say this time and time again.
That is especially hilarious since the great Dean Kehler who is now on NioCorp’s board of directors is also on El Pollo Loco’s.
https://investor.elpolloloco.com/board-directors/dean-kehler
No one here is going to listen to you because you make sense. I do not understand how anyone can think this deal is beneficial. Being on NASDAQ does not mean a damn thing. If any institutional investors had wanted to get into Niocorp, they would have invested in GXII.
Niocorp paid to have the foxes in the henhouse and that should be a concern for everyone. Not to mention, Yorkville Advisors have a sordid reputation as well. If management does take our convertible a convertible security with them, they will make Lind look like amateurs.
https://www.forbes.com/sites/nathanvardi/2012/10/17/sec-charges-formerly-1-billion-yorkville-advisors-hedge-fund-with-fraud-and-bogus-valuations/amp/
This GXII deal cost $20.3 million to get $15.28 million in gross proceeds from the Transaction. The retail investors are getting a dilution of 1 share for every 10 shares for $15.28 million?!?! This is a damn shame, but it’s not surprising.
That is hilarious.
Yet the SP is below $1. You don’t get it, you’re not going to either
Lind are amateurs compared to the boys at GX.