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That is an awesome analogy on weed lol. I don't get it either. I know this is not a "Sexy" stock but at the end of the day its supposed to have a minimum mine life of 32 years and make over 17 billion dollars!! How is 17 Billion not sexy?? We should over a $1.00 share price from the news release yesterday alone. Maybe next week we get a big time jump in share price. I can only imagine the frustration for Mark and his team . I have met the very likable and confidant Jim Sims several times now. He is the right man at the right time to be in front of the US Senate. Hoping next week is the big breakout in SP.
Next week could be big!!Nebraska’s Elk Creek Critical Minerals Mine Project to Be Highlighted in a U.S. Senate Committee Hearing
NioCorp to Testify Before the U.S. Senate Energy & Natural Resources Committee on its Critical Minerals Project and on the Economic and National Security Implications of the Superalloy Metals It Will Produce.
wow! Hearing people on this board talk about the big senate meeting next week is awesome. I hope this will put Niocorp on the Map and drive the SP through the roof.
DeepCraddle90 you sooooo deep and mysterious....Kind of like urkel or schreech.
Why the big volume this morning?
I will never understand this stock or the stock market for that mater( Thank god I am mostly invested in Real Estate) How can Niocorp keep having positive news(actually great news) yet go backwards on the SP?? What am I missing? I know it’s a little hiccup till financing but how do others not see this potential??? Or does anyone but rock nerds see this as a good opportunity?
How awesome would it be if President Trump talks about Niocorp in one of his speeches???? With the focus on keeping our natural resources here in the great USA! Mentioning Niocorp would cause the stock to skyrocket!!!
Any guesses on when we might see the Nordmin study report they have been working on?
Great call Landmark! You are the "NIOCORP" version of Carnac the fortune teller lol. Can anyone answer some questions for me below. Sounds like a number of permits are still needed...(what does that mean and how many is (a number)? Is this the reason why financing is still on hold? I hope Niocorp strikes while the iron is hot and continues to deliver updates and more good news to keep this stock rising till the big F hits.
"While a number of state and local government permits are still needed by the Project, the removal of the requirement to obtain Section 404 and 408 permits from the USACE, and a subsequent National Pollutant Discharge Elimination Permit from the Nebraska Department of Environmental Quality, for the waterline further de-risks the Project from the perspective of project financing and the permitting timeline."
Does this mean anything?
Form 8-K NIOCORP DEVELOPMENTS For: Jul 09, 2018
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 8-K
_______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 9, 2018
____________________________
NioCorp Developments Ltd.
(Exact name of registrant as specified in its charter)
____________________________
British Columbia, Canada
(State or other jurisdiction
of incorporation) 000-55710
(Commission File Number) 98-1262185
(IRS Employer
Identification No.)
7000 South Yosemite Street, Suite 115
Centennial, Colorado 80112
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (720) 639-4647
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ?
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ?
item 3.02 Unregistered Sales of Equity Securities.
As previously disclosed, on June 27, 2018, NioCorp Developments Ltd. (the “Company”) entered into a definitive convertible security funding agreement (the “Lind Agreement”) with an entity managed by The Lind Partners, a New York-based asset management firm (collectively with The Lind Partners, “Lind”). Pursuant to the Lind Agreement, Lind agreed to advance to the Company $1.0 million, in consideration of which the Company agreed to issue to Lind a convertible security (the “Convertible Security”) with a face value of $1.2 million (representing $1.0 million in funding plus an implied 10% interest rate per annum for the term of the Convertible Security).
On July 9, 2018, in connection with the funding and issuance of the Convertible Security, the Company issued 1,035,319 common share purchase warrants of the Company (the “Warrants”) to Lind pursuant to the Lind Agreement. Each Warrant entitles the holder to acquire one common share of the Company at a price of C$0.77 per share until July 9, 2021. The Warrants were issued pursuant to the exemption from the registration requirements of the Securities Act of 1933 provided by Section 4(a)(2) thereof based upon the representations and warranties of Lind in the Lind Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NIOCORP DEVELOPMENTS LTD.
By: /s/ Neal S. Shah
Name: Neal S. Shah
Title: Chief Financial Officer
Date: July 9, 2018
I usually agree with most everything you post...but most people on here don't want to only be up .20-.25 cents after or when mine is being built. It was not long ago( like a couple months) that most people said we would be at a couple $$$ dollars not cents while mine is being built???( not sure what changed peoples mind) I guess at the end of the day nobody knows what is going to happen. Only speculation...I kind of like it that way because it builds up the excitement like reading great book with excitement on how it will end.
Rizzo1101, When is your next motivational seminar?
Excelsior has little or zero shot of making it. It will probably be at .10-.12 cents in a year or less. I would strongly urge you to stop investing in this dog and put all your money into NIOCORP! NIOCORP has the big 3 on the critical mineral list!!! I hope you have a chance to invest in NIOCORP someday. You can tell your grandkids this stock made you a multi-Millionaire!!!
Just wondering how do you know for sure this is the final straw for Lind?? I am hoping we receive any kind of funding big or small within 30-45 days...I believe we will all sleep better with that kind of news. On another subject... What kind of funding did Cleanteq already receive?( $ amount) If we are comparing both companies they have a mine life of 25 years we have one at 32 years. They are project at $14 billion we are projected $17 billion profit...So if we doing apples to apples shouldn't our stock be way higher?? At least several dollars more a share price? Especially since they wont know anything till 2019 at the latest....Again please let me know what I am missing. Thank you.
Thanks for this PutzMueler. So do you or anyone on this board think we get financing in next 30-60 days? Have a happy 4th of July everyone.
This just pains me because this stock should already be at a $2 share price based on speculation and world wide need for these products alone.... It is so frustrating!!!
So I tried going back to see what LIND Partners have loaned NICORP. I could only go back a year and it looks like 1 Million-2.5 Million was the average.... So I couldn't find no rhyme or reason on loan amounts provided by Lind Partners...I am just hoping that Niocorp only needed 1 million because they feel very close to getting the FS.
Question, Will Trump's tariffs on steel hurt or help Niocorp/IBC? The media tells us that 100,000 of thousands of Jobs in the steel industry our going to be lost because of it. Any insight will be helpful. I am so hoping for good news next month! Mark Smith and team make the magic happen again!!
That's an excellent post. We have way to many important people behind this not so glamorous but needed product. This will be a major feather in Trumps hat before he runs again in 2020. I am starting to think the 1 million loan will be enough for 30-45 days until the big announcement. I cannot think of any other reason for this amount if something wasn't close???
So I listened to the last IBC conference call update( seemed very positive) what's the next goal that IBC needs to hit to keep being successful in your opinion? We finally had a positive quarter makes me excited but what is the next big thing at IBC? I am asking because I want to invest more money and would like assurance from people much wiser then I am lol.
The scandium offtake does bother me as well. Its only 25% why has this not been taken care of yet??? Is it a quality issue? Are they waiting for government contract to purchase it? Why have one of the 12 suitors not pulled the trigger yet? Hoping we hear more good news in July and the big FS as well. I really do believe we will be at $2.00 share price almost overnight with this kind of big news...Hell, it almost got to $2 share several years ago and we are so much further along...But we need to get this scandium offtake taken care of a.s.a.p IMO.
Me think's the funding will be finalized by 14th of August at the latest.
Thanks MaxzMillionz I really value your opinion. I am a little surprised you believe IBC will be worth more then NIO in 2 years. What estimated guestimate or calculation makes you think IBC will be over $2 share price? Just curious as its a nice time killer while we wait for additional news. I also believe even before mine is in production we will be at $4-$5 a share at NIO.
Excellent post! Within the next 6 months I hope to be at a 60/40 split between NIO and IBC. I am hoping that both companies will be a $2 share price within 2 years....Honestly, I will be pretty disappointed if not 1 of the 2 companies will be at this share price...I don't think I am being unrealistic am I???
I wont be selling either. I love the whole story and how great this could be for Nebraska and the USA !...Just a little bummed about the news that's all.
I am actually being serious. Where did you see that poster said stock will be $2-$3 dollars in 6 months?
I would be lying if I said I was happy with this news release. Yes, management does a good job keeping investors informed with updates. But this just seemed planned out with more and more fluff. First they send PR news release( positive news but somewhat predictable) Then within a couple hours they send and update with the Lind financial life-line loan yet again. It does make me wonder if they are close to striking any kind of deal with financing??? I would find it hard to believe with how honest and straight forward this management team is to give us false hope. Not sure why they said we should or could have construction equipment on site late spring early summer with this new news release??? They may of jumped the gun too soon and a financial institution backed out or something??? I for one was hoping for “real” news. Still long, Still believe in this great group of guys, but very disappointed. And BTW, for anyone on here who thinks my opinion or anyone’s opinion may cause this stock to go down in price…. “get a life”. You obviously don’t know a thing about business. if you think a statement/opinion on a penny stock website can dictate a company’s success you are a week person lol….If you believe this school of thought the company is not very strong to begin with and neither are you.
I am not sure where you came up with poster saying stock will be $2-$3 dollars a share price in 6 months? We would all be happy if its a buck or $.50 a share price in 6 months....But with your horrible grammar I cannot decipher what you are even posting sometimes.
I have read your post before and appreciate any response or feedback...However you seem like a very sad man with little faith and hope. I would hate to go through life the way you do. You are the kind of guy that would complain about paying taxes on winning the lottery lol.
Question, why is it we have very little daily volume on this stock?
The waiting game is the hardest thing about this stock. What do people on this board think the next news release from management will be? Do you think it will be news on the big financing? Will it be a bridge loan? Or something else that we are not talking/thinking about... Thanks and have great night everyone!
What is the burn rate for Niocorp? Does anyone have an idea when we will need more cash before Lind or someone else has to help out? I am sill hoping for an update this June with positive news!
Maybe :) Things are looking good my friends. I was hoping Niocorp would of had a new release today but all in good timing.
The last news release was May 17th....It's usually every month or 45 days we hear something so not much longer...I as well don't want to have another "Lind" update. Its already going to be sad seeing Putz leave Niocorp in 6 trading days before July 2nd :(
Thanks Trofee...I am doing my research on IBC and hope to have 150K shares by 2019...A lot of talk is all about NIOcorp and I know very little about IBC but keep reading and hearing great things. I am curious like most people at how high a company stock could reach. With Niocorp you can make an educated guess(when financing happens and when mine gets built) With IBC I am not sure what the end result is or what contracts are needed for this stock to pop??? So any feedback is always appreciated.
Question? What will it take to get this stock above a $1.00 share price?
Who said they are selling all the NioCorp shares at the end of June? It would be a shame if they get financing July 2nd lol...
I cannot wait for the day that both IBC and NioCorp are both trading at $5 bucks a share....Maybe sooner than later!!!!
I think we should have some sort of update soon. Not going to lie its nice not seeing post from Dumbinvestor88, Rising and Turtledork since I added the ignore button on my settings.
So IBC believes they will be profitable in 2019...What does that mean for the value of share price?? Could we see this at a couple bucks a share? I listened to the call and was very impressed with the CEO and direction of the company. I also liked them talking about NioCorp!