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Is someone opening their personal checkbook? Another private personal loan? Are they using the money they borrowed?? Such an odd situation.
Not a single thing will happen. Nothing. Nada. You know that. There is that pesky reality again.
Its just another load of crap until it produces something. I am pleased to announce that I have engaged the attractive local weather girl to go on a dinner date. I'll get back to you on her answer.
Its just another vague announcement of nothing. (Brunel University, nanoscale, IBC, magnets, master alloy, etc) HOPEFULLY, there is fruit frim this "engagement" and we here something more about it within this calendar year.
wow that's an old one. what pictures are you referring to? That was back when I was making my intitial investment thinking this might go someplace 7 years ago. I eventually settled at 150K @ .50usd pre-split and held since then. I have also held a position at IBC since around the same time. I'm just glad I've never convinced anyone else to take this ride with me deep into the red for a long time on both fronts.
Since then we've been imminent and fully de-risked with loads of competitive tension. All the big investors tried to squeeze through the door at the same time and none of them could make it in apparently. We even told the united states senate it was all going very well.
Now I see its nearly a roll of the dice.
Its much more comfortable to ignore reality and just be optimistic. Its actually a human brain defensive mechanism.
6-1 will likely have little to no consequence. That is the reality in this case thankfully. Just a ridiculous agreement to have ever entered into in the first place.
You keep repeating these same tired lines. The angry numbers ARE weak. Absolutely nothing is going to happen. There is nothing you or those on your side can do to change the course of the company. Retailers are along for the ride in the caboose.
We sure do! All we need is 1.2 billion dollars and 4 years ish. We start this year maybe! 💪⛏️
Thats the killer part, we dont really know whats gonna happen here. You are very luckily still in the green even if its not what you hoped. If this tanked you can still jump off with beer money if there are any buyers left in the event of terrible news. LOL
Im ~50% in the red. 🙈🙉
Yes, its the Niocorp mascot bull making what Wagner smells.
Why do you always say that? Is there a backstory?
Need to raise money for progress, but supposedly expecting progress in the form of money (or news). Meanwhile, spend more money to get less money while waiting for money. Its like Schrodinger's butthole. The state is both violated and intact depending on an event that may or may not occur.
I hope so. But it doesn't sound like it went to progress unless it was absolutely critical to get that debt off the books by a certain date. Its a wasteful gyration otherwise if it didn't go to FS or EXIM DD or equivalent progress. We now have to pay an 8M balance in 1.4M chunks to get <7M unless we meet some equity requirements we simply will not meet unless we get awarded some money that we could have used to pay it off anyway, or actual epic news to spur the ticker .
I have no way of verifying, but that would mean absolutely no value brought to the table in spite of an absolute trash deal. Normal around here lately. Just find another SPAC at this point. The more the merrier. 🍻🥂🍸️
I wonder that. What is worse? I wonder if they expected to have funds in hand or already know who is going to open their wallet for the payment. I don't see us making the equity conditions with no official money reported by a news release. I wish we knew the purpose for the 8M deal. If it went towards FS or EXIM due diligence thats great. If it kept the lights on and paid salaries then VOMIT.
What is also crystal clear is shares of this company barely move and don't make any money. At least not for a long time. How are those v-shares panning out?
All we need is a big crypto run! Oh wait we had that already and this did SQUAT.
Can only trust what you actually see to be true here or anywhere else for that matter. That's not cynicism that's reality. I understand details cannot be divulged on matters like this. I hope there are actual details to be kept secret at this point.
Sure they are. 👍️
I'll believe it when I actually see it.
Doubt it.
However, we have "engaged" JPMC. I wonder if that just means "we asked them for money, since we haven't asked them yet and they haven't said no yet."
I found that to be a feeble, last second shot in the dark "news release" that yielded NOTHING along the lines of trying to satisfy the equity conditions in the cheek-splitter deal they made with the mobsters. Time to dig deep in our ass for 1.4 million dollars.
But hey you might be right. Doubt it.
Putz I think you are trying to pick the pepper out of the fly shit. No cigar this month but at least 1.4M isn't a huge amount of money. Well, it might be if we are broke 🤔. Better luck next month when we start blindly throwing darts on 6-24.
I think we might hit the 500k$ volume, who has the massive buy to slap the VWAP?? LOL
LMAO it was an amazon listing for and omnipro toaster oven he posted to make fun of the newest basher user omnipro that has been trolling here lately.
Unfortunately, that model of toaster oven has generated more revenue than this company...,., 🤷
Ooo sounds like competitive tension among those 3 entities. Sounds nice doesn't it? I skimmed the article too fast. That's good news.
I am just getting around after another huge round of rain and storms. What is making you refer to the ticl4? Is there talk of an offtake? Wasn't the price for the ticl4 oddly low in their presentation? Was that a typo? I hope so, or I am not thinking of the price per unit displayed properly.
This recent electrification article "news" is a joke. This counts as crickets. 26 trading hours before we need $3.3 vwap and 500k volume for 5 straight trading days. This isn't gonna do it. Maybe the company isn't worried about that issue at all I don't know. All they have to do is keep selling shares as long as there are buyers and reverse split if they have to. No sweat.
Also, one of the negatives in the chart in the stock titan article was
"Additional study work is required to confirm the benefits of the new approach." How much of that study and analysis needs to go into the new FS that we are starving for? I hope it can be integrated later.
Oh I fully expect silence up to and past 6/1. No idea what the plan could be.
First read the news release about the financing agreement:
https://www.niocorp.com/niocorp-announces-closing-of-financing-agreement/
in that is the "measuring period". The 5 consecutive trading days leading up to the payment date.
5-24 is the 1st of the 5 days because 5-27 is a holiday in the US and markets are closed. The equity conditions stated in the agreement must be met on each of the 5 days of the measuring period or the payment terms laid out in the agreements begin on June 1st. At least that's how it reads. There may be more legalese I don't understand behind it. Putz pointed out that I forgot the holiday in my own country LOL so the company has until friday this week to pull something out of the hat or we will be in default of the agreement this Friday by market close if we arent at 1.2x2.75usd VWAP and 500k volume. You need the closing price to calculate the VWAP.
Monday morning is here. Crickets so far. If the vwap on 5-27 is not 3.30 or the volume not 500k on just 1 day of the 5 next week is that automatic default of the orifice dilator deal they just signed? So we have 32.5 hours of trading to make something happen? What was imminent this time guys?
Maybe this isn't a big deal in the long run. I don't know how they make the payments but who knows. Just in the dark with everyone else.
LOL well we closed at 2.22 and down 2.20%. That's quite a numerical coincidence. I better have 2 lunch beers. 🤪
Perhaps 2 news releases in the next 2 weeks.
well you know, you are already wealthy. If they do end up worthless at least it wont matter to you much.
There is no carpet to call them onto. We are owed nothing, we will be answered nothing, not a word. We own shares and can read the forward looking statements. There are no hard questions, not a single shit will be given at any meeting. I guarantee you they read this board and laugh their asses off before replying to emails with NDA worded statements. The less detail the better, and that is universal not just here. A few on the board seem to think there is some kind of legal action or recourse here. That is not the case. Nobody is gonna sue anyone and if they did they would run out of money in a week compared to whoever you are suing. I doubt Pomerantz got a dime from their suit trolling news release, which was laughable. It will either fly or tank and it wont be a super huge deal in centennial either way. They either run the biz or move on to their next venture that might fly or not. Super cheap shares you know. Cheaper than the decade low.
The super weird 8M deal has me with tiny hopes that someone somewhere has at least a puff of a plan or an expectation of something somehow. I cannot wrap my head around any of this otherwise.
Such amazing results the SP took a nose dive. You cant make this shit up. Between here and NB i hope you are right someday somehow.
Wellllll, probably some flavor of news release that says something about 10s or 100s of millions of $ that are NOT from loan sharks. And unfortunately, that isn't looking likely. Early next week could be big surprise of course and I'm wrong. But, I doubt it. I don't know what the super secret squirrel master plan could be, but it looks rough at the moment. Again. Still. Something must be imminent again. A sure thing this time.... WHY THE HELL WOULD YOU MAKE THAT DEAL OTHERWISE?!?!?!?
I just need to pull this lever juuust right.... triple cherries is all I need.
Please let me be wrong. I want to be completely wrong.
No. Not sure what it is. Its blood red and doesn't move even on a large crypto run. I do know that.
Because there is no reason for this stock to move up. There is no reason for anyone to create upward pressure here by buying. The money coming in is toxic. There is no news besides dilution and an 8M obligation with REALLY bad terms. EXIM and Stellantis are whispers in the dark. Maybe it will move up in 5 or 10 trading days if someone pulls a rabbit out of their hat or their ass.
If I were to make a conservative statement about when something in the future will happen... this is just how I would do it: I might say The end of June is conservative. (I don't want anyone to think it could be earlier. I don't want to get anyone's hopes up or mislead them.)
OR, The end of June is conservative. (I'm giving myself a long time to get it done but it could be sooner...)
LMAO whatever actually happens in the future is what I meant when I said that if anyone asks me later....
Why? Cuz if I was as a PR guy with a lawyer boss I might know how to carefully use words. Nothing wrong with that, happens all the time every day.
Someday I hope you are correct.
They sure as hell didn't "have this" with the SPAC. That was a gross miscalculation.
Absolutely nothing in play...
Hope that year old video keeps the investors thirsty...
The funny thing is there is no "else". The "else" is for us. LOL
We have a pretty standard status quo for not much happening despite perceived signals. Its pretty safe to say nothing big is gonna drop in the next 10-15 trading days. If thats true, what are next steps with the big payments due? The FS is god knows where, EXIM process is like looking in to a wishing well. We have nothing but whispers in the NDA and 10 days before the week leading up to 6/1 afloat in a sea of blood red shares (unless you got here a long time ago).
I could be wrong (hopefully) but I just don't see it, and I don't think anyone else does either realistically. At least not in that amount of time. Shake those pompoms and get ready for more disappointment after another moment of bated breath from perceived good news I guess. (offtakes, air permit, spac, nasdaq, now 8Mil barrel bendover)
I really hope this 8 million dollar nut kick is not just for payroll........
This is what I've been pondering. Why get spitroasted by the 2 biggest loan sharks we have been involved with thus far for that amount on those terms? There is either one hell of a hail mary plan in the works or this is the last payroll wave golden parachute before lights out. I cannot imagine the mayhem on 6/1 with no very big news.
OR someone has agreed to make the payments in lieu of default. Dunno if the resident super multi millionaires are in play there or not.