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Is Chika, Chicos wife? I guess that means we will be getting double the research. LOL
It's all relative to where the share price goes. EXIM is still in play.
Agree Putz. This board could sure use some positive energy. Maybe bring back Mr. Clean. LOL
Not sure if this was posted yet. REPLAY: IBC Investor Update Webcast: April 29, 2024
Have not made contact as yet. Please feel free to reach out to him yourself and let us know what you find out.
MP Materials Awarded $58.5 Million (from DOE) to Advance U.S. Rare Earth Magnet Manufacturing
https://investors.mpmaterials.com/investor-news/news-details/2024/MP-Materials-Awarded-58.5-Million-to-Advance-U.S.-Rare-Earth-Magnet-Manufacturing/default.aspx
Biden Announces $35 Million (DOD) Investment in Domestic Rare Earth Elements Supply Chain
https://www.americanmanufacturing.org/blog/biden-announces-35-million-investment-in-domestic-rare-earth-elements-supply-chain/
"Ahead of Biden’s virtual event, the Department of Interior announced a new interagency working group that will focus on reforming mining laws, regulations and permitting policies “to promote the sustainable and responsible production of critical minerals.”"
By the way, the US Govt has been funding MP Materials. MP Materials has begun construction of a REE processing plant opening up in Texas.
MP Materials Begins Construction on Texas Rare Earth Magnetics Factory to Restore Full U.S. Supply Chain
https://www.americanmanufacturing.org/blog/biden-announces-35-million-investment-in-domestic-rare-earth-elements-supply-chain/
https://mpmaterials.com/articles/mp-materials-begins-construction-on-texas-rare-earth-magnetics-factory-to-restore-full-us-supply-chain/
Well, I hope you’re not correct. I just don’t know how much Biden can stop EXIM from doing their job. Politics should not be involved. Our country, economy and defense need this mine. He must know that.
I realize your have a distrust of mgt. I get it. That has nothing to do with whether NioCorp gets EXIM funding. It’s not MS’s call. It’s EXIMs.
Because they just started this kind of domestic funding. It’s a new program. . Where have you been? I hope GMAN can post when this program started.
I know that it’s going to Australia. It’s all there in the article. Is EXIM Biden? And why did EXIM send Perpetua Mining a Letter Of Interest From EXIM Bank For Potential Debt Financing up to $1.8 Billion? So they could spend ten of thousands, maybe hundreds of thousands of dollars or more?. I have no idea the cost of EXIM review process) and man power on exploring funding a mine they secretly know they won’t fund? Makes no sense.
You can’t get funding if you don’t apply. Too early to make that call. The best anyone can say is maybe they will get financing maybe they won’t. Nobody can say for sure they will or won’t get financing. Not our call. EXIMs call.
That’s not true. Politics aside, the US’s EXIM Bank expanded their program recently to offer a Letter of Interest to fund another mine for $1.2 Billion and recently approved $694 million in funding of export of U.S. mining and rail equipment to Australia.
https://www.rttnews.com/3437457/perpetua-receives-letter-of-interest-from-exim-for-potential-debt-financing.aspx
https://www.exim.gov/news/ex-im-bank-approves-694-million-finance-export-mining-and-rail-equipment-australia
https://www.exim.gov/about/special-initiatives/ctep/critical-minerals
The NioCorp rollercoaster. Been there before. We can only hope, I’m sure mgts scrambling to get this done or at least you’d think so.
All good points though NB will still soar if they get EXIM funding independent of the other situation you mentioned. It’s not all or nothing if NioCorp gets EXIM funding. Boeing with all their challenges is selling today at $172/share up 2.83% today.
I believe you’re right about that. It’s been awhile since I’ve looked in those off takes. 25% to Traxsys and 50% to TK.
Good points MM and one that should be brought out in the open. As monocle pointed out, 75% of niobium is committed to Thyssen Krupp, a German Steel Co and if an agreement is reached, a REE off take with Stellantis, a foreign company. The benefit to America is Stellantis jobs (hopefully) in America, Govt stockpiling of mineral reserves (not exactly a foreign interest) but I don't think its an all or nothing arrangement. To sell anything to a foreign entity, NioCorp needs to have a mine built in the US, processing facilities constructed in the US, office building in the US, workers have to be hired and paid to construct the facilities in the US, engineering companies get paid in the US, Cement factories get paid in the US and the facility will have full time employees in the US (miners, staff) etc. All of those measures sink dollars back in to the local, state and federal taxes, companies and employees in the US.
I'm already laughing. At this point, nothing anyone writes matters but it might. Some may write to get people to sell others to buy. Personally, I don't care who buys or sells. Either EXIM funds or they don't. It's not our decision. If they do, ka-ching! If they don't. Well. Thank you for your post!
Wait a minute. You posted 18 x on Lightwaves Message Board on April 24. Harrumph! Regarding the share price, if you keep talking the share price down you will be able pick up all those cheap shares like you said you wanted to happen. So look at the bright side. LOL
Good points Al. Probably not until they see funding on the horizon. USGS is highly aware of the mineral deposits. Known many years before NioCorp was formed. Mine financing is a tough gig. Always has been because its very expensive to build. If EXIM goes through though, Wall St will be paying attention. You saw that with MP Materials debut. Everybody (Wall St) is just waiting for the other person (EXIM) to make the next move.
Neither. The recycling exploration doesn't need to take 5 years. Better not. I've got patience but not 5 more years or even 1 more year. NioCorp can sign a commitment to recycle but that should not be a stumbling block to EXIM funding. That's a question for mgt for certain because none of us can answer if a completed report on recycling is a condition of funding or just a long term goal. Mgt knows. How could they not? Regarding TSX, everybody will have a different opinion but I think its a simple consolidation. Happy to hear differing opinions.
I agree. This investment is a conundrum. It always has been. Those of us who have held for years and years (lost track how many years Ive been invested: 11 years, 12 years) know there are vast riches in the minerals beneath the ground in Elk Creek Nebraska and most investors know extracting and selling them will likely be a cash cow for the company and its investors. Problem is and always has been, how and when will financing come through. Personally, I believe the govt as a financier is a smart move because if the govt cant see the benefit how will any other entity. I could be wrong about that but the govt has all the reasons in the World why they might want to see this mine get funded. Mineral independence, support of US auto manufacturing, defense, jobs, transition to EV goals, the environment and so on. We have ZERO control over what they decide and just have to hedge our bets on how we think this financier will pan out and which way they are likely to decide until funding either gets approved or denied.
Al, with all due respect (I actually like you and find you amusing), if your going to quote me, don't cut and paste excerpts out of context to try and make a point. The post in its entirety is neutral on whether to buy, sell or hold. Here is the actual post not a portion but thanks for trying to score a point. LOL!
"They and everybody else will miss an opportunity to buy low cost shares (IF) NioCorp gets EXIM funding though I would not characterize anyone as being stupid if they don't buy shares because we don't know for certain IF NioCorp will get EXIM funding. People have to make their own decisions on how to manage their own finances. To buy, sell or hold. If NioCorp doesn't get EXIM funding, then back to the drawing board. This has always been a risk high reward investment. Now its getting down to the wire. This is a tumultuous time waiting for an answer out from EXIM. That I can say for certain. And only mgt knows what's going on behind the scenes. Lucky them."
They and everybody else will miss an opportunity to buy low cost shares (IF) NioCorp gets EXIM funding though I would not characterize anyone as being stupid if they don' buy shares because we don't know for certain IF NioCorp will get EXIM funding. People have to make their own decisions on how to manage their own finances. To buy, sell or hold. If NioCorp doesn't get EXIM funding, then back to the drawing board. This has always been a risk high reward investment. Now its getting down to the wire. This is a tumultuous time waiting for an answer out from EXIM. That I can say for certain. And only mgt knows what's going on behind the scenes. Lucky them. ...............................
Another lie. You obviously didn't read my post or you wouldn't have said what you just said. No defense of mgt. Just stating my case backed up by articles and facts. Again, we can agree to disagree on causes of lack of funding in the Spring of 2020 and the SPAC debacle but don't twist my words and say I am defending mgt. Total hogwash and I am tired of people like you trying to misrepresent what I write. I have my own independent opinion from you, other shareholders AND mgt. Read the post again and stop misrepresenting what I write!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318773
Please by all means. You didn't seem to have a problem promoting the stock and posting endlessly back in the day about how many shares you were 'buying and owned, wallpapering your house and lining your driveway.' I should have sold out like you when NioCorp went to the TSX. I could have retired. We now have another opportunity with EXIM (no guarantees). I am not going to miss that one (if it happens) and be so complacent.
I remember you used to post quite a bit 5-11 years ago and nobody ever asked you not to post. Be considerate. Besides I am a shareholder not a former shareholder.
Yes, we can talk about that. Not happy about it but not much we can do other than hope folks see buying opportunities until we get EXIM financing. On a positive note, it's very low volume.
Putz, I really dont appreciate the personal attack and dont want to have to request a deletion due to violating IHUBS TOS and put you back on ignore. If someone attacks, I have a right to address the attack. Please be civil and follow IHUBS TOS. Thank you.
DOA, with all do respect, everyone is permitted to post as much or as little or not at all. There are no rules I am aware of on IHUB that restrict posting other than 30 posts a day. Instead of focusing on that, focus on that I actually agree with your statement..
I agree with the cause. And yes, we need EXIM. Thinking positive thoughts.
As they say, "After Every Storm There is a Rainbow".
https://routinelynomadic.com/after-every-storm-there-is-a-rainbow-quotes/
Please stop the personal attacks and stay focused on the company or investment. We agree to disagree on certain aspects of what caused this or that to previous financing efforts. I really don't enjoy spending the time to request the deletion of personal attacks and would prefer to take you off of ignore if you can stay focused on the company and or the investment and communicate in a respectful way even if we don't agree. Happy to do the same.
Omaha Investor, glad you are safe. Thanks for the update.
Please stop trying to perpetuate mayhem on this message board. Let's get back to staying focused on the company and or investment and not other people. It's a simple IHUB TOS rule. As a former shareholder and moderator I am sure you are aware of this. Thank you.
I still think they will get financed. Had I known, however, it would take 11 years, I would still have invested but not as much. That is certain. What’s done is done. Can’t re write history. Kudos to new investors who likely won’t have to endure a tortuous wait. Waiting on EXIM with all the known risks.
Just my opinion. Please do your own due diligence and make your own investment decisions.
My friend, I have only sold shares if I needed to and at a huge loss compared to what I bought them for not to get out of the position. This is a difficult investment. There are so many reasons to sell out of frustration and yet so many reasons to hold or even buy more because of the pending EXIM financing opportunities that looks promising but is not guaranteed. If there is any best practice advice I would give to anybody, it would be what GMAN once wrote. 'Only invest what you can afford to lose.' I wish I knew that mantra when I first started buying shares way back in the day. Se la vie.
Big Al, good advice. I took a lot of these people off of ignore so I could confront their lies. I am nearing the point where they will be back on ignore. If they want to have respectful conversations, happy to have a dialog. If not, back on ignore.
Wrong again. I only sell if and when I need to and buy back when I have available funds. I don't owe you an explanation and you have told us nothing about when or why you buy, sell or hold. If you are looking for advice on whether to buy, sell, or hold shares go speak to a financial advisor.
10/1 reverse split. Go figure it out for yourself.