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My god that bush bullshit is annoying. What is your point with all that? We will be further red in due time with no other developments.
LOL I've said it before and I stand by it. The SPAC merge was an act of desperation and hope. The GX's spac was about to expire. NB took a shot in the dark looking for some money (if at all possible). Whether or not NB was led to GX is another story. The GX shareholders saw that they were about to merge with a broke ass OTC ticker out of left field and got the hell out of Dodge. Had nothing to do with the bank failures. They wanted nothing to do with a risky penny ticker from an industry they knew absolutely nothing about. DE-RISKED MY ASS. To say it was because of the US banking issues at the time is naive and LAUGHABLE. They would have bailed if we had the strongest banking system in history. The C-suite took a gamble and rolled snake eyes. Anyone that thinks it failed because of banking industry issues has been under the sprig of Holly too long.
Now everyone insert your little bitchy emojies.
who was the super enthusiastic poster that posted 5 0r 6 times a day then just skipped town? He was active around 2017? Not our member that sadly passed away and not todd.
You are so full of random crap and baseless retarded optimism. August? The lid is already on 2024. Where do you come up with this crap?
Our hopes now lie with finding funds to keep the lights on and also somehow fund new drilling, EXIM costs, FS and god knows what else besides the 1.4M chunks we have to come up with till that is over. None of that stuff is funded. What are you hallucinating in august?
I wonder what legal, contractual, technical, or financial requirements there are and if we could even possibly be satisfying them? I hope its not similar to the equity requirements laid out in the 8M loan shark deal. 😆 1.4M💸💸
It was originally incorporated in Vancouver. You can see this on the filings and on the website. The Canadian office might not do a thing but push paper when needed. It may be that Canadian law fits the business better. You can have your headquarters anywhere. Whatever is legal and fits the situation best.
Won't we still need 2.8M through sept 1 unless we hit the equity requirements? pfffft. The source of that repayment money is unknown unless it is itself. Who knows.
I miss diksuc and omniprolapse. I wanna turn the AC and heater on at the same time and watch em duke it out. Wheres hkWagner when you need him? (not you wagner, hkWagner. He use to the board whiner in chief.)
row row row your boat gently up shit creek.
wake me up in the spring. hoping to still have 1/10 my original sharecount. zzzzzzzz
Yes we are all on the same page for the most part. Nail biter till they talk more.
If you wanna hold on to that as progress be my guest my man. They would have done the work anyway when it was due whether the mine existed or not. We will have a sweet road up beside an empty field if they don't get their shit together.
There is no progress yet. There is no money for progress yet. There is no money for drilling yet. All of that stuff they talk about is not paid for and no way of paying for any of it has been announced. In fact, 1.4M leaves the company in some form on 7-1. I HOPE The usable 6.xM of the 8M total liability is doing SOMETHING other than paying salaries and the light bill.
The highway work has absolutely nothing to do with the mine. Not to say its not beneficial, but NDOT did not spend millions on improvements for something that is not there and might not be there. There is no local work occurring or businesses opening because of the mine. Not even the community center has anything to do with the mine regardless of it being mentioned in one article. Zero. Zilch. None of anything has anything to do with this unfunded, SP crashing company. I hope that changes, but there is your progress report.
As far as the grass, the crops are probably doing pretty well with all the rain. Next years planting will most likely occur uninterrupted at this rate.
That's what I mean by wondering about what's next and also maintaining listing requirements. PP participants go ahead and sell your cheap shares but you are asking for another R/S. When the dust settles there is still no real money.
What is the next financial vehicle to keep us afloat? The 1.4M leaving the company in some way on 7-1 isn't it. It appears we will be paying back every dime of the recent deal proceeds in 1.4M chunks immediately after signing it. Wow. That deal was so bad it makes me wonder if it's the last load of salary before the end. I'm sure that's not the case but DAMN that was shitty deal.
Whats next? A PP with deep pocketed investors willing to kick the can again? An actual award of real money from some large entity? That doesn't seem likely given the exim drilling requests and stellantis slow down news. We need to worry about what's next and also keeping the SP withing listing requirements at the same time. I'm kinda nervous about the next few email communications. Just gonna have to turn my rump to the wind and wait I guess.
This is one thing that gives me the jitters. You know what keeps the share price high enough if dips too low for too long for listing? ....another reverse split.... if my original 150k shares turns into 1.5k shares while being diluted to oblivion in the process I'm gonna be sick. But its my own fault. Took a risk and ended up biffing it hard so far. What's new?
We need a big blob of good news and money soon.
They paid it last time, they will again I would think. They aren't saying where it's coming from tho lol.
Why did they ever think they would ever meet the equity conditions in the 1st place is the white hot burning question.
Did you sell shares to get your initial investment back? No I'm actually 50% completely in the red because I didn't sell right before the SPAC like I should have and then wait for actual good news before getting back in. I listened to overly optimistic morons that see everything as good news. I did not want to mess up my lower long term capital gains tax rate.
my god you are delusional. This just cannot in anyway fail can it?? The worst news imaginable could come out this afternoon and they would still have them right where they want them to you. 🤣
Well nobody can buy anything due to inflation eating up all their money. Yeah I'd say inventories are bloating up since a new car is totally out the window for most.. Stellantis CEO just sits there going derrrrrrrp derp derpy derp. I hope they still don't mind waiting 5 years for raw materials (if we are lucky). Maybe by then the demand will be back.
It is evident we will not be in production by then just based on the delays introduced in the last couple weeks. Those are the current delays we know about. I'm sure there will not be any more delays announced after the additional drilling is paid for and completed.... maybe you will get lucky if they are ever awarded a dime based on your exercise price.
I don't want to buy any more at all because its possible this all goes away completely. I already have a year's worth of a tech school loser's income in this. 150k shares turned into 15k shares that will turn into what next?
What is next? PP? personal loan? Convertible debt? Are there enough buyers for a PP? How long will that PP money last? It does not appear EXIM or Stellantis will be funding anything any time soon. There does not appear to be any other contenders judging by the news I've been privy to. What keeps the company alive? The resident millionaire/billionaires would just shake their heads as they shovel dirt on the casket before walking away.
What was the plan behind the $8M weirdo deal? Did something yet again fall through? There had to be a plan or hope or a thought that something was going to happen within the time frame laid out in that deal. It makes zero sense if there wasn't something that was on-deck. Even a few vague details on that bizarre move would be nice.
LMAO. Ill write that down for later...
These recent developments have me nervous. What keeps the share price within nasdaq listing requirements?? I'm already down to 15,000 shares I'd really rather not go down to 1500.
Can you imagine the SPAC being for NOTHING after all that and getting delisted?! Extreme probably non-existent scenario but still gives me the willies...
That 10M is for Al-Sc master alloy production. We haven't officially proven we can produce Sc. We all think so but officially its up in the air. I don't see the DOD coughing up 10M on what appears to be a gamble on paper currently. Also, we have nothing to spend it on besides salaries and the light bill. Its not enough to start construction in any meaningful way. Maybe FS costs or EXIM costs, but that's not Sc-Al master alloy production. Those costs are the preliminary to the preliminary to the construction of the facility that might one day make a Sc-Al master alloy. I dont see the 10M happening until other aspects of the project are evolved. There is also the 2017 epic casting campaign of the first Sc-Al alloy with IBC that went NOWHERE. We just vaporized 8M pretty much and did nothing with it except pay things other than the advancement of the project, and use it to pay on itself (🤣🤮) .
Hilariously and ironically, the DOD routinely loses track of 100s of millions and billions of $, but yet I don't see the fly turd's worth of 10M coming as a gift from the DOD. Drop a c-note on a steak and pinch a couple bucks for a cup of coffee. They made a big deal of it because with no other good news they have to make a big deal of everything...
How to invest in scandium:
You stuff a bunch of shares up your ass and wait 10 years. Hoooold! Keeeeeeep clenching.....
Don't release until you see the white of the titanium....
Dude, there is no heat to turn up. They don't care if the "investors trust them". If you own shares, you trust them. Contacting Slama 😍 isn't going to do anything. NB is no more obligated to answer anything than McDonald's is obligated to say why the ice cream machine is broken. If you hold shares, see you next year I guess. 💤💤💤
I wonder what NB's tentative products would be used for in 5 years, since that's the very minimum amount time to when they will begin to have products. That's if we actually get some kind of funding and shovels in the ground in 2025. So probably longer unfortunately, if the company still exists at that point with nothing but vapors of toxic funding. Sorry if I seem jaded. This last weeks load of steaming shit has me day drinking. Where's that vodka bush?
What else could there be? Get another payday loan with unachievable equity conditions? More convertible debt to create massive selling pressure? I just hope I still have 15000 shares and not 1500 by the end of the year and still stay listed. We are gonna be out another 1.4M come end of trading on 6-24.
Has there been any discussion on the cost of the new drilling for EXIM and where that money is coming from? Are we "currently raising funds" for that work also before it can begin?
Remember, it seems that nobody needs the FS whenever asked if it will be required. And none of the railveyor will need to be added to it either. Nobody NEEDS it. Will they budge without it tho? That wasn't the question. BTW is that 9 months after the funds are found to complete it?
Wass hoping my real jib would be done after this took off. 🤣
now If I get 2x return on my principal I wont complain. LOL
Mainly gamblers. Its a penny stock. Every single penny stock is a serious gamble. Every one. Zero guarantee of anything and its currently not pretty.
No entity of shareholders would never get the votes to effect any change. Even if the retailer votes exceed the management votes at 1 vote per share, you will never get enough of them together to do anything. No matter how many people try to start a revolution on a message board, not enough will have the stones to upset the apple cart. It would be a disaster anyway. I'm not sure what all types of voting shares are out there and if its really 1 vote for 1 share across the board for all NB shares. There are different classes of shares with different voting rights, not sure if that is the case with this company currently. Either way ain't nuttin gonna happen against from what direction the company management decides.
Not referencing this company, but the danger is a price negotiated that ends up close to your cost basis after holding forever, but looks good to the guys with nearly free shares. OR, the vultures waiting for the camel to die (bankruptcy) before they swoop in to acquire.
The price would go up of course and your shares get converted to the new company if thats how the deal is made. If the company was purchased outright, depending on the deal, a share price would be determined and we would be cashed out like a casino. Your retail share count x the SP and here's your deposit into your brokerage thanks for playing. All normal taxes apply. (not sure how warrants and options are executed). I had that happen with a small medical company stock that was fully purchased. It was a nice haul vs cost basis and it came out of nowhere. It was back in the scottrade days so I don't remember the name now. I bought at sub dollar and it sold at 2.50ish.
The company has been doing that for around a decade anyway. Maybe THIS iteration of events will finally be the one that yields something other than delays and dilution. Been holding 7 years and we have been on the verge the entire time.
I remember the good old days when we were all on pins and needles about the air permit. The LAST thing in the way. Woooo boy. Fully de-risked and shovel ready we thought!! MY ASS.
The air permit is just one example that sticks out. Its important to note that the company never said it was the last thing. The air permit hoopla was a group-think mentality that the board created. The perception was that permit was the last thing in the way and the mob mentality took over and we were surely gonna blast off with that permit in hand. In reality, it was crickets and a nearly unchanged share price. Like nothing happened.
Maybe this is the real deal this time. It could be. There has been plenty of disinformation here, but unfortunately it wasn't from only the board contrarians. The company itself has been very creative with words, and holiday graphics. Nothing wrong with hoping for the best as long as that's not your only plan. If at all possible.
Did you accidentally get this one banned also? Omni and bodybuilder can hang out in the abyss together. No biggy though, you have 4 or 5 left.
If we ever start to produce any of these materials (IF), I would expect the prices to be driven down further globally by our adversaries. Hopefully the demand is within our borders and close allies.
OmniProlapse, what were you trying to say? Use your words.
If it was going to shatter, It wouldn't shatter till they absolutely had to shatter it. Still many months of salary here if nothing else.
Obvioulsy all that needs to happen is 1 or more of several resident millionaires or generous shareholders needs to dust off some cash an cough it up. Easy peasy. But, WHY was it ever a thing in the first place?? That is the burning question.