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My guess is they don’t feel the need to do anything publicity wise since the cat (financing) is in the bag and then one day they’re just going to drop a Financing PR on us. Sounds good in theory, but, like Demo Man expressed, I also would like to see more outreach by the company to shareholders in the way of a newsletter or interview while we wait with bated breath for financing. Regardless of how close they are to financing, this would be a good time for MS to a new interview from either Equity Guru or Maddy Grace. Just my opinion
I think your post was intended for Demo Man?
Maybe they can work on the Community Center instead while we wait for mine construction to start. Lol
Trying. Thank you. Some days better than others. Yesterday was better for me than today. Still learning.
Thanks for the reply CD.
Makes sense. That validates what I thought might be the reason. So, is the market mostly programmed?
It's not pumping if your not dumping. Just supporting the project and advocating for the construction of the mine. The mine will be good for local, state and national economies, jobs, tax dollars, State of NE, local community businesses, the environment and of course long term shareholders who bankrolled the company to stay afloat while they waited for financing so they can earn a nice return on their investment which they deserve.
How ironic that NVDA, AMZN and META all share the same chart today trending in tandem.
Thanks for sharing TD.
It’s never too late T & T. According to this scientist, you will be able to go back in time and re write history if your willing!
Super busy at work Tuesday so not sure I can post too much but no guarantee I can’t. Your comment “Who needs a third world exchange” was really funny!l good one Putz.
That crossed my mind that folks overseas already have enough shares but I would expect a greater uptick on NASDAQ against the background of Yorkville selling which is why I asked yesterday what trading platforms do most folks in Europe use. Anyways, I’m glad the conference went well and attendees and the organizer are so organized and for the most part on the same page. Thank you for sharing your thoughts and the PP Presentation. If you have a recorded version of the conference you would be willing to share, I think that would benefit all shareholders and the share price as the shareholder base as a whole is thirsty for a live or virtual update from mgt.. Thanks again.
I know Walter. You put out a lot of time, effort and money to put these events on without compensation. A good alternative would be if MS does a Zoom shareholder conference update for US and Canada but if NioCorp is close to financing (hopefully) there probably is no time to put that together but if NioCorp is months away, I welcome it.
NCT, love how everyone characterizes someone who doesn’t bash mgt as defending mgt. Never said a thing about mgt. just know what I know, which is 2008-2012 was a horrible recession. It started with the collapse of Washington Mutual, World Savings, tumbled Lehman Brothers, AIG and the economy and caused massive foreclosures and lay offs. If you had been through that, you would be wary too to see a crescendo of banks starting with SVB to collapse like dominoes. Again, First Republic Bank was the 2nd largest bank to fail in the history of the US with about 82 branches in 8 states. If I was head of one of those banks on the list that Ski Funds/Ski Luc posted, I wouldn’t convert my shares either. I would opt for capital preservation and redeem which is what most of them did. Nobody knows for sure why each company decided to convert or redeem and unless each one of these companies was interviewed as to the reason why they converted or redeemed, we can only speculate and hold on to our opinion as to why. It’s a subject horse that’s been beaten down to a midget sized emaciated mule so hope we can all move on. “Nothing to see hear folks. Keep moving down the road!” As for financing, yes, let’s bring on the Belgian gypsy fortune tellers wearing De Beers diamond jewelry carrying pocket sized Quija Boards and munching on Neuhaus Belgian chocolate and make this financing a REALITY!
I wouldn’t read too much in to why Mark went to Belgium not Elk Creek. First off, my guess is NioCorp didn’t pay to rent the venue, didn’t provide meals to the attendees, didn’t fly 5 or 6 employees out to set up the conference hall or present (SH and JS), pay for 5-6 hotel rooms, didn’t have Scott Honan there, Jim Sims, Neil Shah, Jeff Mason, caterers, a televised or recorded session or souvenirs (hats, mugs etc). All those things occur when NioCorp presents in Elk Creek or Tecumseh. It’s a big production and very expensive. Elk Creek will get their presentation as soon as NioCorp gets financed. Hopefully soon!
I wouldn’t read too much in to why Mark weant to Belgium not Elk Creek. First off, my guess is NioCorp didn’t pay to rent the venue, didn’t provide meals to the attendees, didn’t have 5 or 6 employees setting up the conference hall, didn’t have Scott Honan there, Jim Sims, Neil Shah, Jeff Mason, caterers, a televised or recorded session or souvenirs (hats, mugs etc).. All those things occur when NioCorp presents in Elk Creek. It’s a big production and very expensive. Rlk Creek will get their presentation as soon as NioCorp gets financed. Hopefully soon!
why do what?
Kudos to monocle. Great find. Will he now start buying shares?
To my point, if NioCorp could have gotten EXIM or Stellantis on the OTC, then his findings just support my theory that the SPAC dollars likely failed to come over because of the bank collapse otherwise why would NioCorp merge with GX if they could have done it on their own on the OTC without the SPAC.
.80 is $8.00 post split
.30 is $3.00 post split
If NioCorp could have gotten EXIM or Stellantis on the OTC, then it just supports my theory that the SPAC dollars failed to come over because of the bank collapse otherwise why would NioCorp merge with GX if they could have done it on their own on the OTC without the SPAC?
Bud
Send your proof again. Been busy. Yeah its a tall hill but has MS ever failed to bring in dollars to keep the lights on in the past 11 years? Never. If necessary, he will find a way until he secures EXIM. He can loan the co himself or issue a PP or better yet, surprise, surprise, maybe he has a plan to close financing with EXIM. What a concept! If the folks in Belgium had a problem they would not be so enthusiastic that financing will be in 24. Their words not mine.
Oh cmon. I have been at work and cant focus on every post. If he provided proof, not opinion, I will reconsider my supposition. Please forward his proof. I don't have time right now to search through posts.
I need to verify that. Can you resend proof?
I'm not the one who keeps beating the dead horse. He can't let it go. I am. Besides, he's not even an investor so it's a waste of everyone's time to respond to him. He's just being a nuisance.
This subject matter is formally CLOSED
EOM
For the love of God, can you please move on?
Its now April 22, 2024. The SPAC deal was over 13 months ago in March 2023. You can't undo the SPAC merger. Some people think mgt should have known that there is a high redemption on SPACS like you. Others feel the banks tripped up the conversion of GX shareholders to becoming NB shareholders. Does it matter how or why? It's done. It's in the past. Move on and accept whats done is done. You can't change it.
If I said your right, would that help NioCorp get financed? No. So other than scoring points in a debate and beating a dead horse, aren't you more interested in seeing NioCorp get financed? I guess not if your not invested. I am so I don't care but that doesn't mean that I don't care that you care. I just think it's not a problem you or anyone else can solve. Whether the banks tripped up the deal or the route of merging with a SPAC had high redemption rates, it won't change the low conversion rate of the SPAC regardless of the cause. It's history.
Hard to say but this passage from the Bible might help those who still struggle with the SPAC merger: "God grant me the serenity to accept the things I cannot change."
We both agree "they took a gamble hoping to raise a lot of equity and it did not pan out". The major bank failure hosed up that deal and there's no turning back to un do it. Everybody has to move forward no matter how bad that turned out. The minerals are still there though and the economics are better with REE's, TICL, Sc/Al Alloys ........
"Did not need to join the NASDAQ." Perhaps, jury is out on that. Would need to check with EXIM to see if they have financed companies on the OTC before.
Your not even an investor so why do you care so much ? It's obvious you want to invest but you want to be assured 100% that everything will work out. That is not a guarantee on anyone's investment. How many people got wiped out on the 10% slide on the markets last Friday on big chip stocks?
If you actually read my last post, you would know how I feel which is there is no guarantee on EXIM financing but it looks like its trending well.
I have already addressed what you just brought up re NioCorp could have done a reverse split on their own and could easily go to NASDAQ. I doubt it. See my previous post below.
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AlwaysOptimistic
Re: SpecialK2020 post# 110973
Friday, April 19, 2024 2:46:56 PM
Post# of 111114
SpecialK, to your comment, "The idea that NASDAQ was an upside is hogwash, in my opinion, since a reverse split could have accomplished the same without additional cash outlay to another entity."
First, a reverse split alone would not have qualified NioCorp to join NASDAQ just because their share price was higher. They had to have assets or revenue to join NASDAQ which NioCorp did not which is why they piggybacked on GX to make it to NASDAQ as many companies do (merging with SPACS) in order to IPO and join the NASDAQ or NYSE. I also outlined the benefits of joining NASDAQ in my previous post. See below.
My guess, without proof, is that they had EXIM and Stellantis waiting in the wings prior to the merger but they couldn't move on those 2 deals sitting on the OTC and needed a SPAC to get them on NASDAQ or the NYSE to qualify NioCorp for EXIM financing. That merger with GX was likely a marriage of convenience and yes its been painful to the share price but that was the cost of putting the EXIM and Stellantis deals together and now we see the fruits of those efforts beginning to sprout. Would it have been helpful to the share price in addition to getting on NASDAQ that GX shareholders converted their share to NB? Absolutely. But then the 3rd worst banking crisis in US history erupted and the 2nd largest bank went under just days before GX shareholders could elect to convert their shares to NB. That is not mgts fault. That could have happened with any other SPAC. Bad and unfortunate timing but they still got to NASDAQ and have EXIM on the table. So they lost the battle but are gearing up to win the war. If you talk everyone out of holding their shares and then NioCorp secures EXIM financing, then the folks you introduced to NioCorp will be mad at you twice. Why don't you give EXIM financing a chance so at least investors can get their money back at a minimum and maybe even make a profit. Will it be the profit we expected when we were on the OTC? No. But its a whole let better than just walking away right now in my opinion. Are there risks still in this investment as we wait for EXIM? Yes. But an investor has to make a decision whether they are willing to take the risk, hold their shares and see the EXIM loan comes through or don't and just walk away or sell some or buy some more given the low share price. Everybody's financial decision is different and no size fits all. It's a personal decision but it doesn't have to be all or nothing either way but it may be for some. As GMAN wrote, don't invest what you cant afford to lose. That pretty much sizes the matter up and nobody can argue with that logic. Will NioCorp get the EXIM loan for certain? I have no idea. I am not party to the negotiations. But NioCorp pretty much knows which way the negotiations are going and I think we have a right to ask. These are my opinions, please do not invest based on my opinions. Do your own due diligence and make your own investment decisions.
I have to agree Demo Man. Especially at this time, when Mgt is confident that they will get the financing or at least do a shareholder conference update from CO. Is that community center built yet?
Words of wisdom from the day trader. Spare me.
DOA< I'm not stupid. I know your game and shareholders interest is not it. All this negativity is to drive the share price down either for short selling or pick up shares cheaper and then disappear, lay low and wait for the share price to rise and sell them higher. You know NioCorp will get financed but you will do whatever you need to do and say to make more money until then. People are not stupid on this message board. Go day trade and disparage on some other message board and spare the reasons why your here. We know why your here and it's not in the best interest of shareholders I can assure you. If EXIM doesn't come through then you can legitimately complain it didn't work out. Until then, your just getting in the way of financing.
I'm neither. For somebody who claims to own no shares and have no longer any interest in the stock, you sure spend a lot of time visiting this message board and talking the share price down. I hope your making money otherwise why would you be here? Be a man of your word, and go spend time making money on stocks you like instead of hurting honest shareholders who don't day trade and just want to see their investment grow so they can build a nest egg for their retirement..
Your playing the field in all directions. It's so obvious. Isn't that what traders do?
Thanks Walter.
DOA, you dont own shares. Leave the board. Just kidding. For years you pumped this investment and now you disparage it along with a couple other people. Go figure. I hope you made a lot of money.
TooSoon, the share price is where it is because they company had to take on dilution to stay afloat until they get financed. EXIM is still in play and NioCorp has passed Phase I approval for the $800,000,000 loan and working to complete the FS. If NioCorp doesn't get financed by EXIM then I will believe the other narrative but for now the trend appears to be in favor of NioCorp getting the EXIM loan.
TooSoon, so so true. Good call.
Walter, looking forward to your synopsis if you have time following your golf game today as you stated. As a curiosity, what exchange do most Europeans buy in?