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KG- ahhhh you are at such peace with the world! and your investment.. i admire that sir.
Speaking of existentialistic alternate universe stuff (hehe)... i had a dream last night (well, maybe more accurately a nightmare).. i dreamed that maybe since all the major articles/PR we see lately show NIOCORP as a major player etc.... I wonder if it might not already be factored into the Share Price (the financing) since most of the pundits and analysts seem to think it's a 'foregone conclusion' that NIO will get financed!!
I sure hope that this is NOT the case.... cuz all this waiting and finger nail biting surely must have a happy ending (for lack of a more technical mining term )??
PUH-LEEEZE assuage my/our fears with your opinion of whether the 'Big F' happening will have the impact/consequential effect that we all seem to be waiting for??
NCT
Giants on a roll..... 2-1 squeeker over Dodgers last night.... another dream is to have the Giants win the WS and NIO SP bust out... all in the same year!! well, a guy can dream can't he?? hehe
Yada-
If you listen very carefully you can hear the kettle drums pounding.....
Boom... Boom......Boom... Boom......Boom... Boom......Boom... Boom......Boom... Boom......Boom... Boom......Boom... Boom......
Yes, THE NATIVES ARE GETTING RESTLESS.....
Enough of the breadcrumb appetizer......
Let's go NIO... Bring out the main course!!
You can do this.... don't let all the law-yers, bizzzzness weanies and bean counters muck up and derail the process... bang out a financial agreement and let's get going with the little red cellophane shovel and the ribbon cutting ceremony and the backhoes, earthmovers, bulldozers, ditch devils, Kubotas, drills, . yada yada..yada....
NCT
"I did not have &%## with that _____"
hahahahaha
***Safe harbor****
*** exculpatory clauses***
*** Forward looking*****
Yadda
Yadda
blah blah blah.....
Just get the GD mine built al-friggin- ready!! sheeeeeeeeeeez
NCT
First Row... with my bud Chico..... waiting for the tarp to be removed from the field...it's been a loooooooooong wait..... chili dog stains on polo shirt...showing on jumbo-tron....... hit by foul ball and spilled my 32 ounce foamy beer, looks like i wet my pants.... maybe i did......... hanley jensen in dugout furious after 2nd blown save..... yada yada yada
blah... blah blah.... the dog daze of summer...... just another day in the life of a mine investor!
Thanks Monocole- appears we are on the same page!
so accept the lack of communication or just sell huh mono? shareholders are not entitled to updates and the ability to voice their opinions. Again, lawyers are fully versed in the nuance of NDA type communication with shareholders, providing accurate updates without disclosing too much information.... there are better incremental updates than 'just waiting on T's and C's and signatures' or 'If at all possible'... or just dropping vague hints about $100M of 'Ass-et monetization'.... as POTUS would say bumblingly...."Comon' man" .....
Fact: the shareholders have been loyal and believe in the company OR THEY WOULDN'T BE HERE...It's not fair to keep stringing them along instead of rewarding them with crisp/accurate/timely (albeit 'Safe Harbor & Forward Looking' filtered) communications.
Let's go.... This is of paramount importance to the country and the world to have diverse supply lines for CE' & REE's....think EV's, batteries, Defense Electronics, AI, devices, ... has anyone noticed the current world events over the last year and an emerging superpower that will stop at NOTHING to take over and dominate......... let's get this mine built ALREADY!!
NCT- waxing ineloquently.....
Investors just want transparency, they don't want to be told that things are imminent and just waiting for lawyers to go over the final documents (2 yrs. ago), and just waiting for signatures...la la la....then we saw nothing develop....no updates or specifics were provided.
Then came the 'asset monetization financing' press release about a year ago, this sounded very promising! and got eveyone's hopes up, but very scant detail was provided.... and nothing has materialized....
Then came Covid, and of course that provided cover for all companies, accurately or inaccurately, this became the excuse for all non performance and delays, providing perfect cover..
And then came the REE analysis (in play now) positioned to possibly sweeten the financing terms (if the REE's constitute profitability and increase margins and are process-able on site).... while we wait for this analysis (no status or transparency from the company has investors frustrated),
While all the press/analysts tout the epic need for these critical elements and REE's and even the most casual observer (non savvy investors) would easily conclude that all the stars are perfectly aligned to procure financing and get projects underway, however NIOCORP just can't seem to pull it all together and get the ball over the goal line. They seem to constantly be going off on tangents, i.e., gubment loans/grants, REE contribution to revenue, blah blah blah....
Hard to believe we would not have ALREADY looked into these contingencies well before the 11th hour, doing 'what if financial modeling at different price points for CE's/REE's.... hmmmm (instead of starting these studies ONLY NOW - at the time when the iron is hot and the timing is perfect to close this financing and get construction started)!! The world, and in particular our country, which has mismanaged and been squeezed by CCP, Needs these elements and minerals desperately..... LET's treat this with the criticality it deserves, and not quibble for a few percentage points or a 'many strings attached' gubment loan. Everyone can make up their millions on the backend when the mine is running... the PERFECT FINANCING is a mirage...
Finally, I am still optimistic or i would not be here hanging in there, and i, like all investors, have every right to provide my opinion, I am not a shorter/basher, i am an optimist and see a de-risked stock here in NIOBF, but for crying out loud NIO, with all the tenured management (over 75 yrs of mine experience, world class contacts at major mining companies, important financial institutional relationships, etc. etc.. etc... you should have the ability and experience to EXPEDITIOUSLY bring this project to next steps, unless there is a glaring issue/obstacle in the feasability of this project that is not being discussed.....
MHO- Everyone is entitled to theirs.....
NCT-
I like your sports metaphor dutchfree!
oh.... and Shoebacca will be played by Stark or Taco Supreme... :) hehe
Well i think we can all agree that it's time for another 'assauge the masses' as the natives are getting restless' PR/NR....
you know, just another one of those breadcrumb type PR's from Scott or Mark with words like 'We're very encouraged, and "we're very optimistic" and "If AT ALL POSSIBLE" and blah blah blah...... to momentarily quench the thirst of us invested and hopeful desert travellers that are thirsting to death from lack of informational sustenance and updates.... and showing incredible loyalty and hanging on NIOCORP's every word (albeit very infrequent words)....
IMMA-NENT as defined by Websters means- about to happen in this quarter or the next quarter. It does NOT mean... about to happen withing the next few years or decades....
I just hope the cellophane on that cute, symbolic red shovel does not start discoloring, which can happen after many years of inactivity and oxidation.
Front row.... beer stains on polo shirt... chili all over face showing up on jumbotron.... fast asleeeep zzzzzzzzzzzzz waiting patiently... this quarter, no next quarter, no next year..... GEEEEE Zusssssss NIO... pyramids were built quicker than this.... i know we are waiting on a REE viability report- but if that doesn't check off ALL boxes... like when the Air Permit was s'posed to be the LAST Check box, then the frustration levels may rise to a dangerous level... and faithful investors (who may feel like they have been jerked around for years and years) may storm the NIOCORP headquarters, with a Shoebacca like character with hairy chest and wearing a horned hat- and many other disgruntled investors (yet none of them carrying any weapons) will demonstrate and show their displeasure at being jerked around and experiencing the drought of information and moving goal-posts on the financing!!
Call this group 'NIOcorp insurrectionists' if you must! i just hope things are not bubbling to this extreme.....
Lordy Lordy...... give us patience!!!! arghhhhhhhhhhhhhhhh
NCT
Sun-day in Silicon Valley
Not a creature was stirring.... not even Chico 237 with one of his HIGHLY Informative posts!
The dog daze of summer are in full swing.....
Everyone on vacation and doing other things... just taking a cursory glance at the NIOBF stock chart every so often....
but alas..... no activity......no phones ringing...... no papers shuffling........ yawwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwnnnnn
Fast asleeeep in the front row.... beer stain on polo shirt...... drueling and mubmbling......arha argha....burgha shrrrrga.......all while the jumbotron is showing that the crowd is enjoying the spectacle....
Wake me up if/when something ever happens......
ZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzz
Gitttt'r Dunnnn.......If at ALL Possible, and in this lifetime PUH-LEEEEZ. No rush.... China is just bleeding us dry.... but no big deal...
can't rush these things.... yada yada......
And the beat goes on and on and on......
NCT
Wow... Mark Smith, Esq. is a busy fella.... wonder if he checks his messages for NIOCORP every few weeks, in between his work at all the other companies.
Chico- massive Kudos to you for summarizing/distilling the research.. you have been an invaluable resource in keeping everyone updated with status, great job as always!
Quiet as a mouse fart around NIO-land.....
shhhhhhhhhhhhhhhh
hunting wabbits'
hopefully some lights are on in the NIO Hdqtrs and they are burning
midnight oil to tirelessly work towards construction start, cuz
the country needs these elements in a big way and cant be depending
any longer on single source supply chain!
I just hope and pray we are not wrapped around the proverbial 'Gubiment cheeze axle of death', where we will experience year long waits just to hear if an application was approved.... and time stands still and everythng is frozen until the gub'ment decides to get back to your company.... and in the mean time politician(s) will change their mind 5 times.....
Yada yada yada.....
Fast asleeeeeep zzzzzzzzzzz in the front row.....throwin' back a few cold beers... waitin' for news....
'IF AT ALL POSSIBLE'.... PU-LEEEEEEEEEEEEEEEEEEEEEEZ
watching paint dry in silicon valley....
Hey- it's another weekend.... and a new week/month/quarter......
NCT
Chico-
Fall of which year?
Thanks AO- interesting...
thanks Chico.... great comparison info...
Thanks AO- not sure it would be an apple-to-apples comparison with the long history and the fact that the MP mine is in operational stage vs NIOBF which is pre production..... not a lot of similar stage mining companies to compare with.... understood.
NCT
Forgive my ignorance, does anyone have an example of a crit element/ REE mining company with similar scale (and potential as NIO) that successfully received financing and what was the corresponding effect on SP upon receiving financing (immediate impact and 3-6 month effect)?
Just trying to compare it to historical examples of another successful similar CE/REE mining company(s).
If anyone has anecdotal examples they want to share....that'd be great!
If you get upset revisiting/regurgitating historical examples, and don't wish to share example(s) with the group- then no problem... do not respond..... no lectures on 'doing your own research'!
Thanks in advance!
NCT
Thanks douginil, your analysis makes a lot of sense !
Thanks for the response Chico! guess we'll have to wait and see.... I do hope that the set/subset of hole sample drilling already performed is sufficient to evaluate the new REE component, otherwise it would probably be a significant lead time item to do the additional drilling imho of course...... it seems like they would have already started the drilling for REE samples IF it was required SO i would think no new drilling for the REE evaluation.... but WTF do i know.....
Front row, watching home runs fly out of the park....
thirsty for a PR.....parched....
IF and WHEN at ALL POSSIBLE Please....
AND While We're YOUNG.... or actually Young enough to spend the proceeds
:) ...
NCT
Will the analysis of the viability of the REE's (quantifying volume of REE's underground and the extraction details, costs, etc... be able to be determined solely from the already drilled holes in the mine? or will there be more drilling necessary to analyze the REE viability/contribution to Revenue?
I am under the impression that the existing drill holes are sufficient to do the REE analysis, am i correct?
Thx!
NCT
Wow!!! My post to you was meant to be a compliment, hope you took it that way, looks like you put a lot of work into this summary/rationalization. I am impressed.... Great work!
Go NIO...
The stars are aligned....we are in the catbird seat and ready to get this train rolling. The market could not be any more receptive, we check all the boxes, unprecedented demand.... feel like the gubment WILL NOT let us fail even if we were to stumble and bumble all over ourselves ( not saying we are doing that......) But now all we need to do is execute .......
G'night fellow travellers....
NCT signing off.....
ZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzz
haha.... you are indeed the eternal optimist ' Always Optimistic'!! likin' it....
Comon NIO let's GO already..... studies and more studies and research and analysis and playing the gubiment waiting game for cheeez;.... hope we don't experience paralysis by over-analysis....After all the single source crit element/REE is of 3 alarm fire urgency for crimminy sake.....we need the mine online and producing ASAP... we need domesic REE/CE capability yesterday!!
Disclaimers/ Forward Looking Statments... blah blah blah....
- 'Due your own Research'
- 'Don't put all your lifesavings in one nest.... unless of course it is NIOBFF :)
- Don't stress out too much about your investments (included this for MB) :) (unless it is taking many many many years to come to fruition......and needing more and more analysis and studies and yada yada.....
I approve of this message...
NCT
If NIO is able to process REE's on site, perhaps there is a market for other suppliers to send their raw REE's to NIO mine for processing since many domestic (maybe all) mining companies can not do the processing on their mine sites and usually send it overseas for processing.... keep it at home 'in the supply chain family'.... hmmmm just thinking out loud until the next NR .... zzzzzzzzz
NCT
Thanks Nebraskan... appreciate the response...
I agree, the catalyst will be the financing, but if it comes in small size, i.e., drip drip drip multiple incremental small traunches- then i don't see it having a significant/consequential impact on SP....
i just hope they are working on the big F package and THEN if the gubment loan/money comes later, then fine...use the proceeds to pay down/service the private loan with that, but PLEASE do not hold up the main financing by getting caught up in the free gubment assistance,loans, etc... which will inevitably involve years of delays, more strings, beholden to the gubment, etc. etc.... Gub'ment cheeez as we have said many times, is VERY hard to resist but can be very onerous.....
Anyway.....
Nebraskan- thanks for that sage advice...pretty sure most people are aware of the 'eggs all in one basket' risk profile and the profit taking (or not) timing, but always good to have reminders!
It sounds like, by virtue of your last couple posts where you believe that we are likely to be getting significant SP movement (i.e., when you said (paraphrasing) 'that post financing $5 SP will be a distant memory' and the stock may be moving in $1 - $2 increments..... are you suggesting that with the possible positive new REE assets (added to the mix/additive to revenue) that post financing, NIO could be moving North significantly faster than what we might have expected with just the FS /product set we had prior to researching the possible economic benefit of the REE processing inclusion?
Just curious to get your take... comments...
Happy 4th to all kindred spirit NIO investors!
NCT
MB Thanks for the advice, however i am quite sure that nobody is solely relying on your opinions & investment advice in making their investment decisions. Hopefully you will relax on Monday as well....
We had a good week..... very encouraging......Happy long weekend everyone!
NCT
agree Omaha... glad that Lind hasn't horked or 'porked' up the price like they do..... comon' NIO.... our little 'Thomas the Train' Engine that could... or might..... or will..... at some point...... maybe immma-nent
chug chug chug....
I would think that financing could be structured so that Niocorp could go ahead with Private financing (or combinations of financing methods) for the entire sum needed- and then 'provisions' for early payment of part of the loan by Gubiment loans/grants IF NIO is awarded with Gubiment money.
In other words, why let all the application process around gubbyment money hold up the financing, when we could just use any possible money(s) from Uncle Sam to pay down the already negotiated private loan(s).
In the world of high finance, i can't imagine that it would take too much extra creativity to structure financing in some sort of contingent approach like this...... As Scott said, Financing might come from multiple different sources......
Time to tie it all together, and get construction started........ The world is waiting on us....
NCT
Chico- that is a great summary! thanks for all of your DD and your great (non patronizing/condescending) attitude. We owe you a debt of gratitude for how much work you put into keeping everyone up to date here!
This Buds for you- up in the front row....
NCT
Gub'ment Cheeeeze can be almost impossible to resist... even if it does take an extra year or 2 out of timelines, i.e., submit applications, paperwork, logistics, ducks in a row, waiting, delays, more delays, beholden to gubment' special requirements, yada yada.... yawn!
Paint is drying.....tarp off field.... Giants winning.... no pine tar/rosin ball flying out of yard(s).....
Front Row Seat... eating hot dogs and getting drunk....
'If AT ALL POSSIBLE'... pull the Red Cellophane wrapped shovel out just in case.....Start the clock..... no more $10M incremental drip drip drip traunches (i.e, death by 1,000 paper traunch cuts).... go big! The stars are perfectly aligned, there could not be a more favorable/conducive business climate, with full gubment support and begging for mines to operate/produce asap!, uber critical need for these products!
Let's get the positive REE processing report (4 months tick..tick....) then quantify & NR/Report the incremental cost of REE processing and the additional associated REE revenue (WITHOUT HAVING to Resubmit the FS...PLEASE!!) Let's DO THIS! Comon' already..... 'while we're young'!! :)
NCT
'I approve of this message"
let people voice their opinion without coming down with the heavy hand.....Stop insulting others and suggesting medical issues when someone has another opinion.... Management doesn't need patrol guards to protect them... I am not influencing anyone's investment decisions here.... everyone has the ability to make up their own mind following their DD.... Pls. Do not try to control the dialogue...
NCT
Another week/month/year of good mine building weather gone by the wayside... while the law-yers, bean counters and paper pushers squabble over percentage points..... meanwhile the 'code red' single source supply chain for CE's and REE's gets no closer to resolution cuz some promising CE/REE mining companies can't even get a Red Shovel in the ground!! as it seems they are waiting on gub'ment cheeze to sweeten the financing deal.... never mind that the project could stand on it's own financial merit as it sits now!
and we fiddle......
while Rome burns.......
yada yada yada.....
front seats are turning into cheap seats....tarp on the field for years now.... and the breadcrumbs have stopped dropping...... wheels on the NR/PR 'Worldwide Tour Bus' (or maybe- more accurately the 'Stockhouse Bulletin Board Tour Bus') seem to be flat..... it aint moved in awhile.
Ahhhh....... the dog daze of summer! no hurry... no urgency...... la la la la ...
bring me another beer..... while zzzzzsleeeepy Boe Jiden gives the store away.....
Nothing to see here.... TGIF
and the beat goes on..... and on........... and on............blah blah blah.....
Mark may have delegated much of the important tasks to Scott, as Mark has a lot on his plate with the operations of many other companies he is involved in.... very difficult to juggle all of those responsibilities and keep shareholders convinced that he is fully engaged in 'our' project....
Kinda' reminiscent of Biden delegating to Harris, even tho we can see how that is working out.... or not working out - as it were...
NCT
Don't shoot me i'm only the piano player- and inquisitive messenger trying to decipher breadcrumb signals and turning over stones.......
Completely agree JW... time flying..... let's do this!!
More 'year long' gubment commissions and task forces to report back by Feb 2022... blah blah blah.... starting over from where the former admin was 3 yrs. ago... If we wait for the pathetic gubment to hand out loan/grant cheeeze the mine will be built by 2035 and NIO will be beholden to the gubment for every cent they provide. Our current administration certainly instills an abundance of trust and optimism in the process..... NOT..... not sure everyone is cognitively capable of asessing risk in this Crit Element REE field...the emergency, 3 alarm, uber critical situation pursuant to sole sourcing of critical materials from an adversary has only been in effect for 10+ years!! Shhhhhhheeeeeeeez, my dog can figger that one out....
Well, It's looking more and more like small financial traunches until all of the financing components come together, post studies and commissions and reports and and and and........ in 2022.....
ZZZZZZZZZZZZzzzzzzzzzzz
wake us up when anything happens......
Prediction- the next breadcrumb news release will say the testing on the REE's indicate that it is viable (profitable) to process them at the mine. But will go on to say that another, yet another, study will be required to determine if the last study and the other study are still valid.....
Frustrating to say the least..... but they hold all the cards and we are just mushroom investors in the dark....significantly more updates and transparency would go a long way here..... the worldwide PR tour seems to have stalled.... do we need new wheels on the bus??
I know i know..... i'm just an impatient knee jerk investor, why don't i just sell my shares and move on if i'm not happy here...... and yada yada blah blah......
'If at all possible, within the next 10 YEARS'
Sitting in front row with Chico seeing the tarp put back on the field after a 2 week rain delay.... or in NIO's case a 4 yr. rain delay....
getting hit in the head by foul balls and pounding bears to pass the time in the front row......
Comon' guys..... it's first and goal from the 2 yard line and we keep calling time outs! punch the freaggin ball in the end zone already..... we can't wait till 2023 for the gubment cheeze with flies on it....
Thanks Chico- excellent summary as usual- we are indebted to you for pulling all of the pieces together to create a more complete picture... just the frustration of seeing the government subsidy ( i.e. loans, grants, etc.) and the inevitable delay that presents.....but who is going to walk away from gub'ment cheeze! nobody....
let's get that REE research on viability done..... hopefully the results of that analysis will be announced soon. I am hoping that the financing does not come in incremental (drip.... drip..... drip.....) and endless numerous traunches, torchering the long time shareholders (many in NIOBF much longer than I)... constituting the chineese water torcher approach to project financing.....
Oh well,
But thanks again for your DD, from the front row... front seat!
NCT
Thanks as always Chico for your summarizations and DD.... just for clarification, are you / Nebraskan of the mind that there are more prerequisite critical path items that need to be checked off before the financing will occur (whether in traunces, partial or full financing), or based on the FS task timelines, do you still think financing can happen at any time??
Open up to the group for your opinions.... no right or wrong, just interested in your estimates ......
NCT
No please don't take my message the wrong way Putz, although i'm not plugged into or versed in technical charting, i think it has merit, so i and many others i'm sure appreciate the work you do behind the scenes....
Cheerz mon ami!
Putz,
black hammer, red hammer, yellow hammer...... yada yada....
I just hope my shaft doesnt freeze, or sieze, before the Big Financing announcement in 2024............
'Financing is immmmmmmi- nent'...
Front Row seat..... 10 beers into a good buzz.... and watching a rain delay that has gone on for 3 days...... or many years, as it were......
blah blah blah blah..... REE's..........gubment cheeeeeze.........fill out more gubment app's for free money..............maybe yet another FS........yada yada.... wait another quarter.............almost there.............oh wait, need to test for REE's.............great management team...........yada yada.........
Shut up and go to your corner and quit complaining........you ungrateful POS................ it's only been 8 years.... be patient......
ZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzz
Thanks Doc!
We just have to hope that with the possible application for grants/money from the gub'ment we do not fall into the trap of fools gold of gub'ment cheeze.... you know, where you need to jump thru hoops and wait forever for application processing etc... in order to get a little cheeeez. And you look up and another year has come and gone while the company waits for approval ofsome gubment loan/cheeeze that will take forever for approval and longer to process..... but who is going to pass up some free gubment cheeze, even if it might take another year or 2 for approvals/processing/disbursement..... oh what's a few more years! the old timers here have already waited 8 or 10 yrs. already.......
Bring on the 'Gub ment Loans.... aka gub'ment cheeeeez aka Fools gold.....
to hard to pass up........
drip...... drip...........drip...............drip...................
ZZZZZZZZZZZzzzzzzzzzzzzzz
In front row.... drunk after drinking 10 beers waiting......think i got hit by a foul ball ......... and the beat goes on...............and on....................and on...................and on........................