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Good one :D
But you seems to be a person who tryies to feel save in his investments by asking questions nobody can answere. You want to be a millionair as soon as possible?
Dont expect that to happen only because somebody here said this stock will go to 1 CAD at the end of the year.
Cause nobody cares about IBC?
No profits yet, no millions over millions to expect in next month.
They first need to deliver more than one good quarter.
Be prepared for a longer time
Landmark, the question is also, how many customer need highest purity of scandium and are willing to pay a high premium on the standard 99,9 % costs
Does somebody know if highest purity of scandium is needed for the big transport sectore?
This week is THE week to deliver
Hope for wednesday !
Yes and they might want to prevent higher pressure every day we get closer to the deadline.
I like that nr and that was just what i was asking for.
I have shares, but will sell if nothing substantial happens till end of july
I'm definitely losing patient and trust in management and wont spent 2 more years or what ever to see some $
Will roll that money in some other oportunety
bernice, its not about risk, its about spent time.
but thats off topic and nobody cares about my opinion, wont write any more today.
Gregorian calendar
I hear comments like this since 2 years. ;)
you both, todd and you might be right.
But the clock is ticking and at least i'll be out at the end of july.
I'm sure you all will be happy then.
Ok, at least then we will be hopefully informed about process (delay).
Thanks mass
But how will you maximize EBIT if every 6 month and millions of dollars for a new "improvement" leads to higher costs and longer timeshedules?
The last 2 - 2,5 years just cost a lot of money and didnt improve shedule nor EBIT
Or do i miss a big announcement here?
For sure it minimized risk and process of financing is already in process but i dont understand why they always talk about time and money improvement and it only takes more time and cost more money after these reviews
Or even worse with an extended timeline because of a better insight of the upcomming processes.
Every penny spend to further imrpovement of the mine conzept and processes seems to improve the costs and time spend.
We should stop these initiatives and just get that mine build.
Hope they dont update us about new delay on the last day of june.
Who still thinks, equipment will be on site in 34 working / trading days from today on?
I feel the probability is lower and lower every day.
Does these 2 more years of additional time, money and lost market capitalization pay off in near future?
Sure, even more derisk ....
May I just ask a simple question? How much money and market capitalization have we lost since the last 2 years?
I dont bash it. Its just annoying when promises are not kept
Nio misses it for more then years. It takes always double / tripple the time.
Excelsior meat their timelines and promisses for now, but let them not start the nio way of life.
Rising money in pps and just live on that.
Tic toc tic toc
39 trading days left till end of july
I meant the end of 2017
Yes I agree,
At the beginning end of 2018, then 1 month later, then skip to end of februar beginning of march and now ens of q2
IBC Advanced Alloys Reports Fiscal Q3 2018 Financial Results
Q3 2018 Highlights
(unless other noted, all financial amounts in this news release are expressed in U.S. dollars)
IBC swung to operating profitability in Q3 2018 for the first time since 2008.
Consolidated sales were up 9.7% year-on-year (“YOY”). In its fiscal 2018 year to date, IBC sales were up by 23%, with Copper Alloy division sales higher by 13.6% and Engineered Materials division sales up 52.8%.
Consolidated gross margin rose 280% over the year-ago quarter. In the fiscal year to date, it has risen to 13%, versus 0% in the comparable year-ago period.
Deliveries of a key beryllium-aluminum product to a commercial customer in the semiconductor equipment manufacturing sector were 66% higher in the quarter sequentially, and 35% higher YOY.
Order bookings in the Copper Alloys division were off 5% sequentially but up 29% YOY.
As announced on May 12, 2018, IBC was awarded by Lockheed Martin a new 3-year contract valued at a minimum of $7.8 million to manufacture a key beryllium-aluminum component for the F-35 Lightning II.
FRANKLIN, IN – (March 30, 2018) – IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announces its financial results for the quarter ended March 31, 2018, which is the Company’s third fiscal quarter of 2018.
The Company swung to operating profitability for the first time since the quarter ended on June 30, 2008, posting increased sales, higher gross profit, and expanded gross margins. The Company’s improved performance was driven by stronger order bookings and improved productivity enabled by previous capital equipment upgrades.
“IBC had an excellent quarter thanks to the hard work of our employees and focus on reducing costs and improving gross margins,” said IBC President and CEO Duncan Heinz (USMC, ret.). “Achieving operational profitability was a key goal for the Company. Further, once we absorb the fundraising expenses we have incurred in the current quarter, I expect continued significant improvement in many areas of operations in the next 12 months, as we look to strengthen our ability to serve a growing customer base as well as look to capitalize on opportunities in existing and new markets.”
The Company posted a 9.7% increase in year-on-year sales for the quarter, with Engineered Materials division sales up 18% and Copper Alloys division sales 6.8% higher. Over the nine months of its fiscal year 2018 to date, IBC’s consolidated sales rose 23% to $14 million compared to the year-ago period sales of $11.5 million. Copper Alloy division sales rose 13.6% and Engineered Materials sales jumped 52.8%.
The Company swung to an operating profit of $62,000 ($0.00 per share) on total revenue of $5.1 million. That compares to a loss in the year-ago period of $707,000 ($0.02/share) on revenue of $4.7 million and a sequential quarterly loss of $402,000 ($0.01/share) on revenue of $4.7 million. The Company cut its losses in the nine months of fiscal year 2018 by 70% to $942,000, compared a comparable year-ago period loss of $3.2 million.
The Company’s consolidated gross margin rose 280% in the quarter to 19%, as compared to a 5% gross margin in the comparable year-ago period. The Company’s nine months of fiscal year 2018 gross margin turned to a positive 13% from a gross margin of 0% in the comparable year-ago period.
Selling, General and Administrative (“SGA”) expenses in the quarter remained relatively flat from the year-ago quarter and have been reduced by 15.0% over the nine months of fiscal year 2018, compared to the comparable year-ago period.
FISCAL Q3-2018 SEGMENT AND CONSOLIDATED OPERATIONS RESULTS
A summary of the Company’s results, on a consolidated and segment-by-segment basis, of operations to loss before other items (“operating income (loss)”) follows:
Consolidated operations highlights for the quarter ended March 31, 2018 include the following:
Sales revenue increased by 9.7%, to $5.1 million from $4.7 million;
Gross profit increased by 340% to $976,000 from $222,000;
Operating loss improved by 119% to income of $122,000 from a loss of $635,000; and
Gross margin increased 280%, moving to 19% from 5%.
Copper Alloy division highlights for the quarter ended March 31, 2018 include the following:
Sales revenue increased by 6.8% to $3.7 million from $3.5 million;
Gross profit increased 120% to $627,000 from $285,000;
Operating profit/loss improved to income of $222,000 from a loss of $101,000;
March 2018 quarterly order bookings decreased 3.8% to $3.1 million from $3.2 million; and
Gross margin increased 113% improving to 17% from 8%.
Engineered Materials division highlights for the quarter ended March 31, 2018 include the following:
Sales revenue increased by 18% to $1.4 million from $1.2 million;
Gross profit swung to a positive $348,000 from a loss of $63,000;
Operating loss improved by 129% to income of $88,000 from a loss of $304,000; and
Gross margin shifted to a positive 24% from a negative 5%.
FISCAL YEAR-TO-DATE SEGMENT AND CONSOLIDATED RESULTS
A summary of IBC’s results of operations to loss before other items (“operating income (loss)”) for the nine months ended March 31, 2018 follows:
For more information on IBC and its innovative alloy products, go here.
On Behalf of the Board of Directors:
"Duncan Heinz”
Mr. Duncan Heinz reports
IBC ADVANCED ALLOYS ANNOUNCES FILING OF FINAL PROSPECTUS
IBC Advanced Alloys Corp. has filed and been receipted for a final short form prospectus in connection with the offering of debenture units and convertible debenture units of the company for minimum gross proceeds of $4-million and maximum gross proceeds of $6-million. Pursuant to the offering, IBC will issue offered units at a price of $1,000 per offered unit.
Each debenture unit will consist of one 9.5 per cent unsecured debenture of the company in the principal amount of $1,000 with interest payable semi-annually in arrears on June 30 and Dec. 31 of each year and maturing five years from the date the debentures are issued, and 2,300 common share purchase warrants expiring 60 months after the date of issuance of such warrants. Each convertible debenture unit will consist of one 8.25 per cent unsecured convertible debenture of the company in the principal amount of $1,000, convertible into common shares at a conversion price of 31 cents per common share at the option of the holder, with interest payable semi-annually in arrears on June 30 and Dec. 31 of each year and maturing five years from the date the convertible debentures are issued, and 2,300 warrants expiring 60 months after the date of issuance of such warrants. Each warrant will entitle the holder thereof to purchase one common share of the company at an exercise price of 37 cents per warrant share at any time up to 60 months following the closing date, subject to adjustment in certain events.
The offering will be undertaken on a best-effort basis pursuant to the terms and conditions of an agency agreement dated May 28, 2018, between the company and a syndicate of agents led by Mackie Research Capital Corp. as lead agent and sole bookrunner. In connection with the offering, the company has agreed to: (i) pay the agents a cash commission equal to 6.75 per cent of the gross proceeds of the offering; and (ii) issue to the agents non-transferable broker warrants to purchase such number of common shares as is equal to 6.25 per cent of: (a) the number of common shares issuable upon conversion of the convertible debentures sold under the offering (based on a conversion price of 31 cents per common share); and (b) the number of common shares issuable upon exercise of the warrants sold under the offering (including any gross proceeds raised on the exercise of the overallotment option), bearing the same exercise price and term as the warrants; provided that the cash commission and broker warrants shall be reduced by 50 per cent in respect of any purchasers participating in the offering who are on a president's list agreed to by the company and the agents. In addition, the company has granted the agents an option to purchase up to an additional $150,000 debenture units and $750,000 convertible debenture units at the offering price to cover overallotments, if any. The overallotment option shall be exercisable by the agents, in whole or in part, at any time up to 30 days following the closing date.
The prospectus has been filed in each of the provinces of British Columbia, Alberta and Ontario pursuant to National Instrument 44-101, Short Form Prospectus Distributions.
It is expected that closing of the offering will occur on or about June 6, 2018, or such other date or dates as the company and the agents may agree.
The company intends to use the net proceeds of the offering to invest in capital equipment necessary for a planned expansion of production capacity, increase inventory to support greater sales conversion and more efficient product delivery, address maintenance and stock, and for working capital and general corporate purposes.
The common shares are listed on the TSX Venture Exchange under the symbol IB. The TSX-V has conditionally approved the listing of the debentures, convertible debentures, debenture shares, warrant shares, and broker shares on the TSX-V. Listing will be subject to the company fulfilling all of the requirements of the TSX-V.
Only Lind is still selling :D:D
Sounds like, end of July will be the day where some more shares will be available on german exchange :D
Equipment on field late spring / early summer loool
I fear advo is right "late autmn / early winter"
Maybe in november
When to expect Q numbers
Does somebody "know" what the EBITA of a contract lile this is?
I mean roughly for IBC?
100k
250k
500k
1 mil
2 mil
???
I'm wont comment on that sheet ;) I'm not a profi at all
Exchange will be open on monday as well
Why do largo need 150 mio?
Or is that already a kind of a fund for nio?
In a manner like we give money to largo for financing nio but we have largo as a security to get the money back.
I thought largo is already 100% producing and there is no need to expand.
Is that money used for refinancing?
150 mio $ for largo - any thoughts
+
U.S. Government Officially Declares All Three Superalloy Metals from Nebraska Project as “Critical Minerals”
NioCorp’s Elk Creek, Nebraska Project has now emerged as one of the few greenfield projects in the U.S. that plans to produce multiple Critical Minerals for which the U.S. is currently 100% reliant on foreign nations such as China and Russia
CENTENNIAL, Colo. (May 17, 2018) – The Trump Administration will officially designate as “Critical Minerals” the entire planned product suite of superalloy metals that NioCorp Developments Ltd. (“NioCorp” or the "Company”) (TSX: NB, OTCQX: NIOBF, FSE: BR3) proposes to mine and process at its Elk Creek, Nebraska Superalloy Materials project.
The designation establishes the Elk Creek Project (the “Project”) as one of the few polymetallic greenfield mining projects in the U.S. that proposes to produce multiple Critical Minerals – Niobium, Scandium, and Titanium, in this case – that all have key uses in national defense and civilian technologies and upon which the U.S. is currently 100% dependent on foreign nations such as China and Russia.
Once placed into commercial operation, the Project also will position the State of Nebraska as a global leader in the production of Scandium, a lightweight and very strong metal that has been used for several decades in cutting-edge Soviet and Russian military technologies. The U.S. Armed Forces have been largely shut out from being able to incorporate Scandium in aerospace and other national defense systems because of a lack of available Scandium supply.
In a Federal Register notice published on Thursday, May 17, 2018, the U.S. Department of the Interior announced its intent to publish tomorrow (Friday, May 18, 2018) its final list of 35 Critical Minerals. The list of priority minerals was developed in response to a White Houser Executive Order of December 20, 2017, which can be seen here.
The final list of Critical Minerals to be published in the Federal Register on May 18 can be seen here.
In addition to designating Niobium, Scandium, and Titanium as critical minerals, the Trump Administration’s list also includes the rare earth elements, which were grouped as a single entry on the Critical Minerals list. The Elk Creek ore body is known to be enriched in rare earth elements, although the Company has no current plans to produce rare earth commercial products.
“This action by President Trump and Interior Secretary Zinke is very much welcomed and shows that they understand the strategic imperative of encouraging greater investment in critical mineral development in the U.S.,” said Mark A. Smith, NioCorp CEO and Chair. “As a former Navy SEAL Commander with undergraduate degree in Geology, Secretary Zinke is especially cognizant of the need to decrease U.S. dependence on foreign sourcing of critical and strategic materials that are key to national defense technologies and to our warfighters.”
“This action by the U.S. Government establishes that the Elk Creek Project’s entire planned product suite is strategically vital to the U.S.,” Mr. Smith said. “It provides a powerful differentiating factor for the Elk Creek Project. It helps to set the Project apart from other proposed greenfield mining projects in the U.S. It also will help this project attract additional attention from a variety of key stakeholders around the world, including major potential sources of project finance.”
NioCorp’s Elk Creek Project has completed a positive Feasibility Study, which can be seen here. The Company is currently engaged in assembling a project finance package that, when secured, can move the Project to a construction start as soon as possible.
Mr. Smith also praised Nebraska Governor Pete Ricketts and Nebraska Congressmen Don Bacon (NE-2), Adrian Smith (NE-1), and Jeff Fortenberry (NE-3) for their continuing efforts to educate senior policy leaders in Washington, D.C. to the strategic importance of the Nebraska project.
“We cannot thank these leaders enough for their efforts to help establish Nebraska as a global leader in the production of these superalloy metals. Nebraska is simply a great place to do business, and that is in large measure due to the tireless efforts of Governor Ricketts and the Nebraska Congressional delegation to promote greater business investment and job creation in Nebraska.”
Mr. Smith made further comments on the significance of this decision by the U.S. Government to the Elk Creek Project in a video that can be seen here:
And now final permit planned for end of Q2 -> Ohhhh yes
At least they have informed us in time (i real appreciate that) and i guess thr permit process is not in their hands at all
But 6 more weeks is bad
Already one step ahead
Theralase Announces Completion of Non-Brokered Private Placement of Units for Aggregate Gross Proceeds of Approximately $1.02 million
Not for distribution to U.S. news wire services or dissemination in the United States.
Toronto, Ontario (FSCwire) - Theralase Technologies Inc. (“Theralase” or “Company”) (TSXV: TLT) (OTCQX: TLTFF) is pleased to announce that it has closed its previously announced non-brokered private placement offering (the “Offering”) of units ( “Unit”). On closing, the Corporation issued an aggregate of 5,104,000 Units at a price of $0.20 per Unit for aggregate gross proceeds of approximately $1,020,800. Each Unit consists of one common share of the Company ( “Common Share”) and one common share purchase warrant ( “Warrant”). Each Warrant entitles the holder to acquire an additional Common Share at an exercise price of $0.30 per share for a period of 24 months following the date of issuance.
The Company intends to use the proceeds of the Offering for the following:
Advancement of Phase Ib Non-Muscle Invasive Bladder Cancer clinical study
Advancement of Phase Ib New Oncology Indication clinical study
Advancement of TLC-2500 therapeutic laser system
Working capital and general corporate purposes
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities offered in any jurisdiction in which such offer, solicitation or sale would be unlawful.
All securities issued under the Offering will be subject to a four month hold period from the closing date under applicable Canadian securities laws. The Offering is subject to receipt of final acceptance from the TSX Venture Exchange.
Related Party Transactions
An aggregate of 750,000 Units representing gross proceeds of $150,000 were issued to certain insiders of the Corporation. Pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), such insider subscriptions are a “related party transaction.” The Corporation is exempt from the formal valuation requirement of MI 61-101 in connection with the insider subscriptions in reliance on section 5.5(b) of MI 61-101, as no securities of the Corporation are listed or quoted for trading on the Toronto Stock Exchange, the New York Stock Exchange, the American Stock Exchange, the NASDAQ stock market or any other stock exchange outside of Canada and the United States. Additionally, the Corporation is exempt from obtaining minority shareholder approval in connection with the insider subscriptions in reliance on section 5.7(1)(a) of MI 61-101 as the aggregate value of the insider subscriptions does not exceed 25% of the market capitalization of the Corporation.
Due to the limited time between the launch and the close of the Offering, there will be less than 21 days between the date the Corporation files its material change report in respect of the Offering and the completion date of the Offering.
Yes i got his message, advo and me are just nazis
Final permit this week?
Even more courious why they dont put an official PR if everything is superb and fine?
They just asked for it that nervousness is starting getting bigger and bigger
You might be right or you might be wrong -> late july !!!