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Thanks.
How easy can this agreement be changed? I assume it would be pretty easy considering Mark is the creditor.
Stupid question.
What is the importance of the June 20 date? Is that when the loan is due?
Thanks in advance
Great news!
I already asked yesterday. See post 61372
I tried searching through the past presentations but I couldn't find it. I could be wrong in that case. Either way it was a long time ago so things might've changed since then.
I did send a quick email to Jim asking if he could provide provide any info on the subject but unfortunately its not possible for him to do so.
At this point, that is not a subject on which I am allowed to speculate.
All the best,
Jim Sims
It was from a shareholders meeting a year or two ago.
I'll try to find the source.
Equity financing is 60% according to Mark, so 600 million dollars. How many shares need to be sold to raise that amount of money at the current PPS?
That calculation is worst case scenario where all the equity is raised now.
I'm hoping we don't experience that type of dilution.
Yeah I'm thinking we'll be close to a billion outstanding shares.
We'll still see good returns but not the 10+ usd PPS that gets thrown around here.
Please tell me your picks in the future. I would like to make some money lol
We don't need to worry about scandium pricing because of potential inflation? I don't think we're going to see hyperinflation here.
I'd be happy with a buyout of 1 USD lol
Thats doubling my money from here. Not bad.
My patience is running thin. Hard decisions will be made in the next month or two.
Exactly my thoughts.
I thought when Trump was elected to office, he potentially would've used the project as a political tool and help advance it quickly.
Well here we are 4 years later with zero evidence that financing is going to occur soon other than a red shovel in a video. I think the 'competitive tension' has been relieved.
LOL and we have minimum 10 days vacation and most people have paid sick days. I feel sorry for our southern friends.
Ask the Europeans about their vacation benefits lol
If you bought 6 years ago, you would be up maybe 5%. Not a bad return for 6 years of holding during one of the biggest market bull runs.
All jokes aside, financing better come soon after the air permit. What's the next excuse going to be?
Sorry for being a little impatient. GLTA.
Don't get me wrong, management has done a great job.
I just think some things are out of their control.
No, I don't see it happening this year.
If a deal couldn't be reached before the virus and during the largest bull runs ever, I don't see it happening during a recession.
Very true. That capex definitely looks way too low. Maybe because its an open pit mine? Not familiar with cost differences.
http://usarareearth.com/wp-content/uploads/2019/08/2019-PEA-Draft-Press-Release-FINAL.pdf
They plan on producing scandium (at a much lower cost compared to NioCorp).
Their capex is only 350 million. Seems very low.
How is this positive?
It reads to me that things are taking longer than normal which is expected considering the circumstances right now. I don't expect this in any way to increase the share price.
What I was trying to get at is that we shouldn't believe any news that comes out of China.
We don't know for sure if people are actually returning to work.
Chinas numbers are definitely fudged.
Why do you think they expelled foreign journalists?
https://time.com/5805195/china-expels-journalists/
As bad as it is to say, there is definitely an opportunity here for NioCorp to take advantage of.
I see the resurgence of the need for domestic supply and the infrastructure bill in the works.
There's only so much to talk about while we wait.
And this has been a long wait lol
I just want financing lol
But seriously, I hope everyone around the world is able to get past this and condolences for the individuals that were affected. Life is more important than money.
I think we should start a rumor about how Niobium cures the virus (and also gives sexual powers) and get that rumor over to the traditional Chinese healers.
Then we'll see how fast our Niobium gets bought up lol
Better plan??
Thanks for keeping us updated on this
More people die from lung cancer, regular flu, car accidents, etc...this is a dumb statistic comparison.
And what does it have to do with NioCorp?
That doesn't indicate its going to happen again. We failed to reach a financing deal in the past 3 years during one of the largest market bull runs - that shows something.
During a recession, smart money goes to safe investments. This stock has a very high risk/reward but lets not forget its a speculative.
Lets hope Mark can work his magic again.
Nothing about corona virus will help NioCorp.
Its good to be optimistic but this is not one of those scenarios.
Capital is tightening up, government functions are slowing down and travel to Europe has stopped. Financing has been pushed to 2021 in my opinion.
Lol at the amount of times we've heard this over the years
Well I was completely wrong on that lol
We'll probably see C$.40s tomorrow.
Looks like the whole market is going to take a dive.
C$.64 is even better lol
It sucks that we couldn't get financing in one of the best market bull runs.
I guess we'll find out soon if financing is in the books. Does anybody know how long the current cash will last before another equity raise?
Very good timing on your part.
Do you view this as a speculative play with a high reward?
Some of us aren't as lucky as you. I wish I found out about this stock now rather than 6 years ago.
I'm up around 25% but I've been invested since 2014 so its not that impressive.
There were many opportunities missed over the years because money has been tied up here.
I've started to reduce my position. Financing shouldn't be taking this long if it was such a great opportunity. What happened to "competitive tension"?
I still have a nice chunk and I will buy back more when financing occurs.
Thats not a good comparison. Anybody that bought Tesla before yesterday have made more money than we have in the last 6 years.
NioCorp is dead money until it proves otherwise.
The commentary is autogenerated on AmericanBulls. I wouldn't look so deep into it and its usually incorrect.
They also had a revenue of 43.64 billion USD last year. NioCorp doesn't come close to this.
I don't disagree that NioCorp has the potential to have a high PPS but lets keep it realistic.
Nothing is for sure until we know the total dilution in the financing.