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.
By who — the MM?
What has happened to the promised recording from the Las Vegas symposium on “ Scandium “ !…
Shrug
Still a GOOD read — my third time reading :
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjIorL_m4v7AhVlLH0KHdXPDdQQFnoECBoQAQ&url=https%3A%2F%2Fwww.niocorp.com%2Fniocorp-to-combine-with-nasdaq-listed-gxii-to-access-additional-capital-for-the-elk-creek-critical-minerals-project%2F&usg=AOvVaw18CpnzEnHYSNiG4jw2NdV_
Landmark.
Disruptive Potential of Scandium
Scandium is poised to deliver truly revolutionary benefits to the commercial aviation and other industries. For example:
An analysis by OnG Commodities LLC shows that Scandium-contained aluminum alloys can save airline operators approximately $9 million in net present value for a single B737-sized jetliner, assuming Scandium oxide pricing at $3,500/kg. This represents an 11:1 cost-savings ratio for the airlines.
This analysis assumes a B737 flying 3,250 hours per year, using American Airlines’ cost of capital, U.S. Energy Information Agency projections for future fuel price inflation, a per-kilogram price for scandium oxide of $3,500/kg, and an average 0.7% by weight scandium doping level.
NioCorp has a Scandium (enforceable contractual offtake) wrapped up for ten years currently!
I believe - from memory - the only and first of its kind offtake Sc. in the world …! at the advertised price …
Rio Tinto, has NO problem selling their Scandium — as a matter of fact they are/have plans to SCALE up their volume — I recently read some article …
And last question Maxz;
Can you see our share-price moving North (significantly) between NOW and March 2023? or are (they) strategically held back due to pending merger deal in March? …
No hurry on reply.
Cheers.
Maxz how feasible is (number # 1) out of the three Advocate just posted? In your opinion?
Thanks Maxz, there are always two sides to every coin. I grant you that! …
You probably knew that (MP materials) is a SPAC deal — I just found that out?…
Anyways I hope us Longs great success with our new deal! …
GL.
Found it - it was SpecialK2020 …
Landmark8211111
Re: SpecialK2020 post# 85702
Friday, October 28, 2022 10:49:56 AM
Post# of 85892 Go
Morning SpcialK2020,
You took the words right out of my mouth! …
Your Quote:
With that said, I'm also very tired of seeing the justification and positivity around a reverse split. The ONLY positives coming from the RS is it can artificially meet the requirement of price for an uplist and it reduces shares outstanding. I think everyone gets that a RS does not decrease any shareholder value right after the initial action, and we can stop beating that dead horse, but it is completely disingenuous to say it is not harmful in any way to shareholder value.
To your example, yes, 10,000 shares at $1 will have the same value as 1,000 at $10. What people seem to ignore is that a move from $1-$2 at 10,000 shares would have to be equaled by a $10 jump on the other side to maintain the same gain. And despite what some folks say here about institutions not caring about price per share, they do, and $10 gains are harder to come by than $1.
I can find you far more examples of stocks dipping right after a RS, or not rising by proportionate amounts, than stocks that moved up by $10 increments.”
Cheers
Hi Maxz, you beat me to the post.
Your posts are always well thought out! …
I think it was jeunke22 who explained it best (at least how I comprehend things) I’m looking for his post now. I will copy and send to you when I find.
10 years ago my mind was sharper! lol
Cheers
Thanks Maxz,
So are you counting the Reverse Split to your formula?
LM
No one has mentioned what potential NIOBF will/could have with It’s P/E ratio — it could be (10x or even 15x, plus)! I’m sticking with my NioCorp shares for now — This could be (HUGE)!
Market Cap ??? BIG.
“What does 20x earnings mean?”
The p/e ratio 20 (usually we denote that as 20x). This means that for every one dollar of earnings, investors are willing to pay 20 times that in value.
Fasten you’re seatbelts folks!
LM
I hope after the REEs are proven to be of HIGH/ VERY HIGH grade economically speaking; Demonstration Plant Testing with exceptional results …
This will make the “ fourth revised feasibility study “…time to bring in the heavy equipment …
Newsmaker Interview: NioCorp CEO Mark Smith Speaks to “Surprising” Result from Demonstration Plant Testing
In a newsmaker interview released today, NioCorp CEO and Executive Chairman Mark A. Smith comments on a surprising result from Phase 1 testing of NioCorp’s ongoing operations at its Elk Creek Demonstration Plant in Quebec.
“When we pulled the calcium and magnesium out of the front end of our process, that material ended up being exceptionally pure, and we think that there may be a market to sell the calcium and magnesium into,” Mr. Smith noted. “This may mean less and less waste, which goes to our belief in ESG principles.”
The full-length interview can be seen here.
Morning SpcialK2020,
You took the words right out of my mouth! …
Your Quote:
With that said, I'm also very tired of seeing the justification and positivity around a reverse split. The ONLY positives coming from the RS is it can artificially meet the requirement of price for an uplist and it reduces shares outstanding. I think everyone gets that a RS does not decrease any shareholder value right after the initial action, and we can stop beating that dead horse, but it is completely disingenuous to say it is not harmful in any way to shareholder value.
To your example, yes, 10,000 shares at $1 will have the same value as 1,000 at $10. What people seem to ignore is that a move from $1-$2 at 10,000 shares would have to be equaled by a $10 jump on the other side to maintain the same gain. And despite what some folks say here about institutions not caring about price per share, they do, and $10 gains are harder to come by than $1.
I can find you far more examples of stocks dipping right after a RS, or not rising by proportionate amounts, than stocks that moved up by $10 increments.”
Cheers
I will reply to you tomorrow . Just heading out for the evening now…
Full disclosure —
I’m OK with a/the reverse-split ratio of (1 for 4 or 1 for 5 max.) I believe given the opportunity with our share price — to climb — over the ( 5 month deadline, close of deal, MARCH 2023) .
I also believe that I’m not alone in thinking a (1 for 10 reverse-split) is unnecessary to achieve the desired result and merger …
9.5 yrs. investor with NioCorp.
Landmark
NioCorp has a market cap of $300,000,000 / and $300,000,000 cash from GX11— and nobody cares?!
The share-price should be $7 right now on that alone!
MOST likely $200,000,000 debt (Smith said $200M) from ThyssenKrupp (Germany LG).
And nobody seems to care? …
$200M shelf offering! Why are we not $7 already?!
Sheesh
Is there any chance of NIOBF increasing their share-price before (Mid March or End of March)?. or are we stuck with $0.80 - $0.82 pennies for the next 5 months?.
NB bought out GX. Not the other way! …so NB gets control! … if that isn’t the case? Then why isn’t it!? (NB has 7 board directors GX will have 2 ) …
Shrug! …
There seems to be a large pachyderm in the room - every time NB shareprice attempts to break loose and climb - it gets SAT ON!!
Sheesh
Haha, everyone has turned into armchair quarterbacks!!
“Time Will Tell”!
I agree DM. 1 for 5 RS would be palatable, no more! please —
Cheers
LM
I agree DM. 1 for 5 RS would be palatable, no more! please —
Cheers
LM
Right. I believe if NioCorp were to back out of the DEAL it would cost $30,000,000 ( but I’m certainly not suggesting this will happen ) …
Why do you think that ge11 ?
Hey Maxz, the reason I ask is it shows BIG validation and confidence in this deal !
And these warrants are available to purchase until the close of the DEAL in March 2023? is that right? how many warrants are there?…
Thanks
Here is a question for someone, anyone — does anyone know if Mark Smith or Jim Sims have acquired any of these GX warrants?. If so, how many 10’s of millions ?— I’m presuming this is all public knowledge ?
Curious.
“MP Materials Faces A Decade Of Generational Growth As Net-Zero Becomes Gospel”
Oct. 25, 2022 3:02 AM ETMP Materials Corp. (MP)7 Comments
Summary
The Inflation Reduction Act will be more impactful than initial expectations.
It is set to radically bring forward the adoption of EVs and clean energy.
This could exacerbate the gap between NdPr demand and supply in the coming years.
NEWS :
“NioCorp Demonstration Plant Achieves Key Phase 1 Milestone”.
Hahaha that’s good, very good!
Thanks for sharing.
I’ll ride this train for a while — in a month or so the writing will/should be on the wall, by then …
In the meantime I’ll leave my shares where they are …
Cheers
Thanks Reetala …
End of March …!
NioCorp’s Elk Creek Critical Minerals Project to be presented at the 2022 International Scandium Conference
Are we waiting on video replay?…
Quote:
Mr. Smith’s presentation, entitled “Nebraska Scandium: American-Made and Climate-Smart,” begins at 1 p.m. Eastern and will be followed by a question-and-answer period with the conference audience. Presentations at the conference will not be broadcast live but are expected to be made available for video replay.“
When?
Hey BP, you say ‘déjà vu’ and I say ‘ground hog day’. the only thing that changes is/are the possible deals are getting more and more convoluted!
Out of the dozen or MORE financiers - that MS was negotiating with - none of them would SIGH a deal!!? Really
Now we wait another half a year to find out if we have some kind of deal or not, (March 2023) ?
Sorry BP just venting frustration.
Landmark
We need some NEWS asap! to stop the bleeding — drip drip drip again!
Sheesh
LM
As far as I recall (MATERIAL news, must be shared with stockholders upon receiving).
Sandbagging material news, is not permissible ? …
But during renovations/ construction period 2010-2011. ! that’s the point