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The great thing about Scandium is that there is Huge demand and not enough to go around. Even if all prospective Scandium producers come online, they will not meet the demand. Not even close!!
I get prompt replies from Jim every time. By phone or email he usually responds the same day or the next.
Anyways, we are still extremely undervalued.
I talked to Jim about this before, and now is the worst time for a Scandium offtake. It is much better to wait until after financing. Then you get a better price.
Agreed.
Excellent post!! I agree!
This does not matter and will have no impact. It has been stated many times before, there is more than enough demand for Scandium to go around.
I spoke to Jim a couple of days ago.
That is irrelevant. Molycorp crashed because of china. Mark had nothing to do with that. China does not produce what Niocorp will. The same can not happen here. The main point is that Mark raised the financing and took it to $70 in a down economy. He will not have a problem doing it again, and in a much better economy.
Agreed!
Excellent post, I agree!!
Also, I think after the country sees the amount of economic growth that comes from cutting those rates, they will not quickly support raising them again.
For those tax breaks to be undone, the Democrats would have to regain control of the presidency, as well as the House and Senate. Highly unlikely. Look at the trend, they are decimated.
Could it be that yours are too high and unrealistic? Everything takes time.
I trust management 100%.
They have met and surpassed my expectations. Look past the SP, and look at what they have actually accomplished so far. Too many are getting emotionally caught up with the stock price. I am looking at what they have done to move the project forward, which is quite a bit in a short amount of time.
Very well said, 100% agree.
Agreed!!!!
That is why they are making a new website.
NioCorp Announces Results of 2017 Annual General Meeting
CENTENNIAL, Colo. (November 10, 2017) NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF; and FSE: BR3) is pleased to announce the results of its 2017 Annual General Meeting (“AGM”), held on Thursday, November 9, 2017. Among the motions approved by NioCorp’s shareholders included the following:
Approval of the number of directors;
Re-election of all of NioCorp’s current Board members: Mark A. Smith, Joseph A. Carrabba, Michael Morris, David C. Beling, Anna Castner Wightman, and Nilsa Guerrero-Mahon;
Re-appointment of BDO USA, LLP as the Company’s external auditor; and
Approval of the Long-Term Incentive Plan.
At the AGM the following six nominees were elected as Directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the voting were as follows:
NomineeVotes For% ForVotes Withheld% WithheldMark A. Smith29,300,80699.07%275,8200. 93%Joseph A. Carrabba29,444,82899.55%131,7980. 45%David C. Beling29,444,62899.55%131,9980.45%Michael Morris29,444,12899.55%132,4980.45%Anna Castner Wightman29,440,92899.54%135,6980.46%Nilsa Guerrero-Mahon29,431,14199.51%145,4850.49%
NioCorp is pleased to announce that the shareholders have ratified and approved the appointment of BDO USA, LLP, as auditors of the Company (67,351,399, or 99.65%, voted “For” and 982,686, or 0.99%, abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.
In addition, the shareholders voted to approve the Long-Term Incentive Plan and the granting of incentive securities thereunder until November 9, 2020 (28,569,647, or 96.60%, voted “For”, 777,406, or 2.63%, voted “Against”, and 229,573, or 0.78%, abstained from voting).
For greater detail please refer to the Company’s Notice of 2017 Annual General Meeting of Shareholders and Information Circular in respect of the AGM dated October 29, 2017, as well as the Company’s Report of Voting Results of the AGM, under NioCorp’s profile at www.sedar.com.
On Behalf of the Board of Directors
“Mark Smith”
Mark Smith
Executive Chairman, CEO and Director
# # #
Source: NioCorp Developments Ltd.
@NioCorp $NB $NIOBF #Niobium #Scandium #ElkCreek
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 855-2-NIOCORP (855-264-6267), jim.sims@niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and has extensive uses in aerospace, defense, transportation, medical, and other applications. It also is a key component of pigments used in paper, paint and plastics.
Management has said that the interest so far is VERY HIGH. They just need time to do their DD. Warren does not invest in mines. This has all already been talked about...... pay attention.
This stock has had good runs on no news at all in the past. We are now more derisked than ever before, and we are overdue for a good run.
We are now WAY oversold. RSI is at 33.
I could not agree more!
Agreed! They are always 5 or 10 steps ahead of anything we talk about here!
The share price here is severely undervalued, and it does not reflect the tremendous amount of work that has gone into advancing the project.
I've been holding this stock for 6 years and I don't plan on selling any time soon. This stock will make those that are patient, very, very wealthy.
Agreed!
Agreed!
Great point.
NioCorp To Host Live Investor Webcast Following Its 2017 Annual Meeting
CENTENNIAL, Colo. (Oct. 23, 2017) – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF; and FSE: BR3) announces that it will provide an update to investors and the public on its Elk Creek, Nebraska Superalloy Materials Project in a live webcast at 10:30 a.m. Mountain Time on Thursday, November 9, 2017, following the conclusion of its 2017 Annual General Meeting of Shareholders ("Annual Meeting").
Providing the update will be Mark Smith, NioCorp’s CEO and Executive Chairman; Scott Honan, President of Elk Creek Resources Corp.; and Jim Sims, Vice President of External Affairs for NioCorp. The live, listen-only webcast will begin at 10:30 a.m. Mountain. Members of the public can submit questions during the live webcast using the online webcast tool, or by sending questions in advance via email to jim.sims@niocorp.com.
Those wishing to view the webcast must pre-register here:https://attendee.gotowebinar.com/register/8025871219479485955. After registering, confirmation emails will be sent with information about joining the webinar.
Those wishing to monitor the webcast via a listen-only phone line can do so by calling the long-distance toll numbers listed below and using this passcode: 323-318-256
United States, 1 (562) 247-8421
Australia, +61 2 9091 7604
Austria, +43 1 2530 22502
Belgium, +32 28 93 7003
Canada, +1 (647) 497-9385
Denmark, +45 32 72 03 72
Finland, +358 923 17 0557
France, +33 173 443 207
Germany, +49 692 5736 7318
Ireland, +353 15 360 755
Italy, +39 0 230 57 81 73
Netherlands, +31 207 941 383
New Zealand, +64 4 974 7212
Norway, +47 21 93 37 39
Spain, +34 932 75 1334
Sweden, +46 853 527 819
Switzerland, +41 225 4599 62
United Kingdom, +44 330 221 9922
A recording of the webcast will be made available following the event on NioCorp’s website at http://www.niocorp.com. NioCorp’s Annual Meeting will convene on November 9, 2016 at 10 a.m. Mountain Time in the Thunderpass Room of the Hyatt Regency Denver Tech Center, 7800 E Tufts Ave., Denver, CO, 80237.
On Behalf of the Board of Directors
“Mark Smith”
Mark Smith
Executive Chairman, CEO and Director
# # #
Excellent.
Very well said, I completely agree!
Well said.
Agreed!
Well said, I agree.
The Scandium offtake is not required before financing. From talking to Jim, it is my understanding that right now would be the worst time to get an offtake for Scandium. It is much better to wait until after financing. Then potential buyers will see that the production is a reality and will come to us. This way, multiple customers all wanting the same Scandium will result in a higher price.
Isn't it an independent party putting it together? Then it would be up to them when it is finished.
Well said, I agree.
What happened to this? Last post??