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.
Well that’s a shame. The one truth/fact based is gone from the propoganda machine.
Well done Excelsior. When I first placed my bet on this stock 5 or so years ago it was after visiting the site and grilling ST. He’s solid and both the project and he continue to deliver. Fundamentally at least. The stock price sucks. Should be much more.
Lol nice try. That is fluff. Without financing it is meaningless. Fluff. Okay they get to show potential financiers that they pay less tax. But what is the retort to fake SC revenues that sophisticated money will laugh at?
AGM’s FYI
During my 35 years in the business I attended well over 100 AGM’s. Maybe over 200. Most were companies on the junior end of the market, and most were mining developers or mining explorers. I would say that 95% or more were held in lawyer’s offices. Only other cases in my experience were larger operating companies.
You should be able to vote up to within a couple business days of the meeting.
Call your broker and ask for your “proxy control number(s)” for Niocorp.
Go on-line and vote. One portal:
https://east.proxyvote.com/pv/web
I think they have as long as they can keep raising money to keep the dream alive. Goto Lind one more time to get debt’s paid and property payments extended? That’s a good likelyhood. Hard to see how they can go back to retail to get enough.
Terrific post photonics. I think it would take at least 4 cdn to make GS bite. They know the numbers. It really should be 4 usd. Not my number. It’s a major mining finance company’s number.
Actually MNGA has a point. It is against regulations to manipulate a stock price with a late trade in Canada as well as the US. I know a broker who was fined for an on going pattern of high closing junior stocks in his stable. He was known to many as “Johnny Uptick” .
The pattern of 1’s selling is clear to me as being driven by a computer program. I’m quite sure it a systematic liquidation order for Lind as few retail sellers would have access to that service. I’m not sure if it skirts regulations because it’s computer generated. I think it could. They should prohibit orders like that for the last 15 minutes or so imho.
However, the big banks own the algo’s and call the shots with the regulators so not much chance for fairness.
I’d complain about the systemic pattern 500 share low close trades to the OSC and IIROC anyhow.
Lind doesn’t hold shares. They got the interest up front (20% iirc). They convert at 15% below mkt and sell every share. That’s why you get the constant drip. This is a nice gig. They get 35%. Retail buyers (you) pay 35% more than Lind does. Simple as that. It would drive me mad. Hopefully, the end is near. It was an awful deal with the devil that management picked.
I think Matt has NPV all wrong and misses the dramatic drop in the steam cost as Excelsior progresses beyond Phase 1. By a giant factor. Bullish article but not nearly a true NPV reflection.
Who picked Lind?
It’s a tough deal to finance. Usually it’s easy. Pick option one, two, or three. Bond, steam, equity, yada. The wildly optisimistic scandium pricing does not help with credibility with financiers. These are very sophisticated mine financers. No fooling them. Maybe the lotto ticket of government welfare gets it done. Otherwise, IMO, its dead. I’d say its 98% dead. Just twitching like a bonked fish.
Network knocks it out of park in Q2. Giant order book going forward.
Network Media Group Announces Record Quarterly Revenues and Profits for Q2 2019
Canada NewsWire
VANCOUVER, July 23, 2019
VANCOUVER, July 23, 2019 /CNW/ - Network Media Group Inc. (TSX: NTE.V) (OTCMKTS: NMGGF) ("Network" or "the Company") today reported record financial results for the quarter ended May 31, 2019 ("Q2 2019"), including revenues of $4.64M, net income of $1.70M and Adjusted EBITDA of $1.95M. The financial statements and related Management's Discussion and Analysis ("MD&A") can be viewed on SEDAR at www.sedar.com.
CFO Darren Battersby stated: "From the outset, Network's management team's long-term strategy has been to focus on building a global content company focused on producing premium content in both documentaries and documentary series for the ever-expanding global content marketplace. Our results from this quarter are reflective of this strategy as demonstrated by increased production volumes over the past 12 months."
The operational highlights for Network's three months ended Q2 2019 include the following:
Record Revenue. Network recorded revenues of $4.64M in Q2 2019 compared to $776,619 in Q2 2018, up 597%;
Record Net Income. Network recorded net income of $1.70M in Q2 2019 compared to $205,000 in Q2 2018, up 830%;
Strong Backlog. Contracted future revenues of $15M to be recorded in the next six months;
Royalty Revenues. Network recorded royalty revenues of $89,643 in Q2 2019;
Work in Progress/Investments. $4.44M of additional film and television productions;
Winner of Three Leo Awards. I Am MLK Jr. named Best Documentary, Best Picture Editing and Best Musical Score;
Nominated for U.S. Critics' Choice Real TV Awards for our Punk series that premiered on Epix;
Named to the 2019 Realscreen Global 100 List, an annual compilation of the best global productions companies working in the non-fiction and unscripted visual content industry.
The financial results for Network's three months ended Q2 2019 include the following highlights:
Revenues of $4.64M (2018 - $776,619)
Net income of $1.70M - $0.02 per share (2018 – $205,000 - $0.00 per share)
Adjusted EBITDA of $1.95M - $0.03 per share (2018 –$389,111 - $0.01 per share)
I am going to be the first to congratulate all the long suffering faithful when you get financed. At least the burn rate should be comparitively low now. Lind (I was the first to warn about those bandits) may be drawing to a close. Just need that $ billion.
https://gallery.mailchimp.com/a9dd4e429144d0f0d10b4f807/images/33f183b5-27cf-49ca-813f-75cacc48fdad.jpg">https://gallery.mailchimp.com/a9dd4e429144d0f0d10b4f807/images/33f183b5-27cf-49ca-813f-75cacc48fdad.jpg" />
insert-text-here
The Punk series is out. This one project alone is as much as last year’s revenue.
https://ql.mediasilo.com/#ql/5c7d5d86e4b0c1ef91a2379e/ec946cae-594e-4b03-9178-2fdb84cc4ac3
Financials are out this afternoon. Love those Friday afternoon releases.
With the completion of the technical review, the following steps remain in our financing plan:
? Completion of additional independent market reviews for Sc and Nb;
? Additional “road show” style presentations to potential debt and equity investors;
? Completion of legal and financial due diligence; and
? Negotiation and execution of specific debt and equity financing assistance, along with necessary regulatory approvals for such
financings.
Well rumour had it that he was financing his Lo Cost Airline with that 5k sale. ;) ...so I inquired. Turns out it was a mistake. He has a managed money account and that holds a portion of his millions of shares that sold the wrong stock. He knows as well as we do that's it's not the time to sell.
Cheers
Monday is the end of the comment period for the EPA permit. A week or so for approval from the EPA subject to an appeal period. I’m looking at mid to late Feb for a fully dusted off Federal permit. Time flies. A year from now Excelsior is selling copper at about 2 bucks a pound profit. Then it’s plucked by a mid tier at multiples from here.
Nice, let's go build a mine.
Deutsche Bank thinks $500/kg for scandium oxide. I'm impressed you think the Germans are good. They used very low values for cobalt for their assement of Clean Teq. That is why it's robust. And for scandium as well....
From: Richard Glass <rglass@cleanteq.com>
Deutsche Bank are currently modelling with US$500/kg Scandium Oxide as a LT assumption, which compares with US$1,500 assumption per our PFS.
Hope this helps.
Regards,
Richard
Nice straight forward email from that fellow.
Not going to fool big money.
How's that 3rd party review of the FS going? Did it lay a turd? Need to rustle up some bucks for a fourth or fifth party review? Lol. What happened to SRK's wanting a $200k market study? I think SRK sold their soul for $25million bucks. Bad bad them. Zero coming.
Ha, you just wanted post 800! ;)
Time to add.
Because it's a scam. Fake SC pricing. You have a turd. Maybe it's a great time for Mr. Simms to add to his 8000 share position. God knows his $200k salary would allow it. Add to that his IB salary. Sluts. Plain and simple. Sluts.
Added 45k and tried for 20k more..
Peter Dickie, THE huge winner in this deal used to give Nebraskan hick impersonations all the time. Man that guy made huge. Recent 10 Q shows the company is dipping into the obscene financing LIND again..ever deeper. I shake my head.
Scandium is cool stuff:
https://www.yahoo.com/news/russian-yacht-company-builds-boats-171900852.html
You are very right. Financing would do it!!! A billion plus package. I totally agree.
I respectfully disagree. Just this past couple days we have been shown the situation of a couple small investors. One apologizing to Walter for having to sell. Another saying her 8500 shares is a lot of money to her. My point is simple. Based on the FS the project is a zero. That evaluation is based on my belief that the Sc numbers are fake for reasons easily debated. A lot of people don't know the risk. It's a likely zero. If by some voodoo they can get the DOD to agree to stockpile don't you think that Scandium Intl, an AMERICAN company would say pick me at half the price?
"LCP I said it before , I think Excelsior is an excellent opportunity , but maybe at these prices NioCorp may be the better choice; I have many friends in Excelsior and am certainly not suggesting to sell. ... "
Thank you Walter for you advice that NB at its year lows are a better bet than Excelsior. You are a gentleman as always. My sincere belief is that absent conning the US government to pay double for Sc than they could get from sources that are from countries that are close allies to the USA is that NB goes to zero. I think it's a 99.999% likelihood. I also believe strongly that Excelsior is a low risk holding and probably a solid triple from where it's currently at. If you take risk into consideration I believe your statement is very wrong. Your friends in MIN are not because of you. They are just sensible. Many hundreds of thousands of shares made the sensible swap in the past month that I know of. Better late than never.
Darn, I could have listened to LCP and been 600% better off. Oh well, it is what it is. Lots of peeps in Nebraska did and they like me. Shocker.
Don't worry. Be happy. Repeat as necessary.
Why have zero institutions (wainwright etc) ponied up bucks? This has survived on Walter's network and Oct 2 they are coming for more of your unsophisticated money. It makes me sick. A true fleecing of sheeple. Criminal.
Why don't you go to Edgar and figure it out? It's there for all to see. PS I have never used an alias and have no idea who those other posters with a functioning brain are. I like them tho.
Enjoy the presentation of what I consider to be a world class salesman. Osteen class. Bring you check books.
That is well said. Just starting to get cred lately. Big legs up to come with the continuation of mgmt's execution. ST and RG are solid and projections have been lowballed at every step.
Indeed, operating in Papua, despite being the world's biggest gold mine and 3rd biggest copper mine is fraught with peril and challenges. You are dealing with:
https://en.m.wikipedia.org/wiki/Headhunting
As I explained a very long time ago the Lind MO is simple. It is risk free. Their interest in the project is zero. They get 20% out of the gate. So you borrow $1.2 mm, you actually get $1mm. Then, shockingly, they can convert the $1.2 mm at 15% percent below market. So that is 35% loan shark money. Simple as that. Remember when Walter said "we have institutional investors". What a pathetic joke.
Yawn. What is better? 500 ppm near surface open pit or 70 ppm deep underground with huge water issues? Tricky question. Hmmmm.