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Internet trolls sleep on the streets — (it’s a sad state of affairs) — my advice to you is get a real job!, “Walmart” is always hiring …GL!
Titanium pricing gets BIG lift …!
How to reduce the manufacturing cost of industrial purity and titanium alloy
Due to the advantages of low density, high specific strength, high flexion ratio, good plastic toughness and corrosion resistance, titanium and titanium alloy have a broad application prospect in military and civil fields, and their performance and manufacturing technology level directly affect the development and improvement of these fields. The bottleneck of expanding the titanium alloy market is the difficult extraction, smelting and machining of titanium, which leads to the high production cost. The production cost of titanium ingot is about 30 times of that of steel ingot of the same weight and 6 times of that of aluminum ingot, among which the cost of producing titanium sponge from ore to magnesium reduction is about 20 times of that of producing iron ingot of the same weight. Currently, the cost per ton of industrial pure titanium is about $7.5 ~ $10 / kg, while the production cost of aerospace titanium alloys is as high as $40 / kg_.
You’re post is VERY good! …
Just my two cents — in my humble opinion — (EXIM BANK), NioCorp and the Elk Creek Project is “OVER-QUALIFIED” for this EXIM-BANK loan! — If there is such a thing?!
If memory serves me right NioCorp has spent roughly “$100,000,000us over the years and numerous ‘feasibility studies’ and ‘MAJOR’ economic refinements…
The potentials are staggering!…we shall see.
Cheers
LM.
Well Well — guess what!? It’s !!!GROUND-HOG day!!! surprise!! …
Some Good volume TODAY ! :
Rank Board Reads News Quote* Last Change Chg% Volume
1 NorthWest Biotherapeutics Inc 2,319,808 NWBO 0.5295 -0.0023 -0.43 2,746,463
2 Lightwave Logic Inc 971,955 LWLG 6.72 0.0 0.00 473,914
3 Anavex Life Sciences Corp 967,515 AVXL 8.25 0.32 4.04 738,501
4 Fannie Mae 741,156 FNMA 0.441 0.001 0.23 1,120,456
5 Good Vibrations Shoes Inc 709,656 GVSI 0.0146 0.0003 2.10 5,446,104
6 Niocorp Developments Ltd 480,679 NB 4.76 0.16 3.48 47,679
7 Mr Cooper Group Inc 462,772 COOP 57.97 -1.44 -2.42 631,933
8 Digital Brand Media and Marketing Group Inc 391,207 DBMM 0.005 0.0003 6.38 1,559,103
9 Amarin Corp Plc 319,035 AMRN 1.21 0.02 1.68 4,168,286
10 ORIONS Money Stocks 299,579 0
11 Enzolytics Inc
NioCorp Developments Ltd. (NB)
NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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Great article Avockil ;
The real target for the US and Europe is to establish a reliant magnetic rare earth supply chain to compete with China. Especially for the heavy rare earth Niocorp can be a key player.
Niocorp might be part of the government engagement on one/both sites of the atlantic ocean to get independent on China rare earth gambles.
An article published in March from the rare earth specialist Jack Lifton is interesting, because he mentioned we have to look on the establishment of rare earth supply chain from a more holistically approach. You can see in his report, which are the most critical minerals, it is Terbium and Dysprosium. What is Niocorp doing, they are focusing on the production of high purity Dysprosium and Terbium. I think that's why they were ask from the US government to invest time to establish the project also for heavy rare earth extraction. For Terbium the Elk Creek Mine is the number one resource in the US and for Dysprosium and Neodymium and Praesodymium the second largest resource in the US. This is one point to mention. The more important point is, so as Jack Lifton has mentioned it, we have to establish a well thought supply chain of magnetic rare earth. Niocorp is on the way demonstrating they can be part of the US magnetic rare earth supply chain. If Niocorp will be able to produce pure rare earth oxids/metals, that's where they are now additionally heading for, then they are the number one company to be a future part of the US or EU magnetic rare earth supply chain. Remember Stellantis is for a well known reason working together with Niocorp. A lot of competitors needs also rare earth and especially heavy rare earth.
I think there is no doubt our expert Scott Honan is a key person for our success.
He is working together with L3 Process Development and now Nanoscale Powders. I think they will deliver a well fitting approach of heavy (light) rare earth extraction for Stellantis or an official US institution.
Here are some nice articles, why it does not work to exclude magnetic rare earth from production like Tesla is doing it and what is required to setup a US magnetic rare earth supply chain with a competitive background:
Jack Lifton:
Yeah it’s VERY sad !!! NO life …
Yes I agree - I’m also counting on something being up MANAGEMENT’S sleeves??!
We definitely need something to happen with the “Financing” and SOON !
And again we see; ( two steps forward — then three steps backwards ) it’s predictable ?! …
“Elk Creek Project” is (RICH) in Titanium!!!
High purity — Titanium Sponge :
https://nbcrnmc.en.made-in-china.com/product/lQKpTUiyvHWm/China-High-Purity-Titanium-Sponge-Titanium-Metal-Melting-Material.html
ITEMS OF SPECIAL INTEREST (Nice find Richard)
Domestic manufacturing of strategic and critical materials
The committee recognizes the importance of having domestic and allied production, processing, and refining of strategic and critical materials necessary for defense requirements. Many of these materials, to include niobium, tantalum, and scandium, predominantly come from non-allied foreign countries. The committee supports ongoing efforts by the Department of Defense to utilize authorities at their disposal, such as the Defense Production Act of 1950 (Public Law 81–774) and the Industrial Base Analysis and Sustainment program, to create domestic capabilities for these strategic and critical materials. The committee encourages the Department to continue its ongoing efforts and to review the need for domestic production of niobium, tantalum, and scandium, and act on those requirements with existing authorities.
Domestic production of titanium sponge
The committee is concerned by the ongoing reliance of the U.S. industrial base on non-allied sources of supply for critical materials, notably titanium sponge. With no domestic sources currently producing titanium sponge, the United States is completely reliant on imports for a material that is
essential to many critical defense platforms. This dependence on non-allied sources has become even more precarious given the conflict in Ukraine, which has put increased demand on U.S. producers and introduced pricing and supply shocks to the titanium sponge market. Currently, the U.S. titanium industry sources almost all sponge from a single country, calling into question the security of supply. Sources of titanium sponge from allies may not have sufficient capacity or quality to meet defense and aerospace requirements. Absent a domestic source of titanium sponge, the United States will lack the surge capacity required to support defense and critical infrastructure needs in an extended national emergency.
Accordingly, the committee directs the Department of Defense to consider the use of existing authorities to make advanced purchase commitments of titanium sponge from a domestic source for inclusion in the National Defense Stockpile, and assess whether authorities for industrial base support, including the Defense Production Act of 1950 (Public Law 81-774) or the Industrial Base Analysis and Sustainment program, are applicable to titanium sponge production.
Yeah, who knows ? (I would be just guessing) so I won’t bother hypothesizing — The NioCorp project has A LOT of “Moving Parts” depending on what month it is!? (Three BFS) neither one looks like the other! .
I still believe/think that the potential here is ‘ENORMOUS’!!
“Timing is still Everything” …
LM
In ‘EXCESS’ of ($80,000,000 p/a from the titanium) due to STRONG demand and Russia/Ukraine war !
M. Smith talks about Titanium and $80M+ —
“NioCorp Launches Phased Approach to Commercial Production of Made-in-America Aluminum-Scandium Master Alloy”
BIG offtake !
ALDRAD, do you enjoy eating crow??
What are you going to say/do when all of your touts and lies/failures - turns out to be , just that - complete ‘Bull-shit’ ?!? (FOMO)
And for dessert we are serving up, (FOMO)
Bon Appetit.
We have a clear case of ( 2 STEPS forward — followed by 3 STEPS backwards) — not sure about after-hours stock purchases or stock DUMPS ?! …
pheww
LM
Hmmm I thought it would be much higher than 4.66% (give it time) the more institutional players — the better for this investment — sees me …
Institutional & Insider Ownership
3.2% of NioCorp Developments shares are owned by institutional investors. 20.0% of NioCorp Developments shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Risk and Volatility
NioCorp Developments has a beta of -0.24, indicating that its stock price is 124% less volatile than the S&P 500. Comparatively, Nexa Resources has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent recommendations for NioCorp Developments and Nexa Resources, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NioCorp Developments 0 0 1 0 3.00
Nexa Resources 1 2 0 0 1.67
NioCorp Developments presently has a consensus target price of $13.00, suggesting a potential upside of 160.00%. Nexa Resources has a consensus target price of $6.50, suggesting a potential upside of 41.61%. Given NioCorp Developments’ stronger consensus rating and higher probable upside, equities analysts clearly believe NioCorp Developments is more favorable than Nexa Resources.
Summary
NioCorp Developments beats Nexa Resources on 6 of the 11 factors compared between the two stocks.
About NioCorp Developments
(Get Free Report)
NioCorp Developments logoNioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.
About Nexa Resources
(Get Free Report)
Nexa Resources logoNexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business. The company operates through two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cement, silver concentrate, and cadmium/sponge deposits. The company owns and operates six polymetallic mines, including three located in the Central Andes of Peru; two located in the State of Minas Gerais in Brazil; and one located in the State of Mato Grosso in Brazil. It also owns and operates three zinc smelters comprising one located in Cajamarquilla in Peru; and two located in the State of Minas Gerais in Brazil, which recovers and produces metallic zinc, zinc oxide, and by-products, such as sulfuric acid. The company also exports its products. Its products are used in civil construction, transportation, energy, agriculture, health, and consumer goods industries. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. operates as a subsidiary of Votorantim S.A.
But of course the - “revised 2013 feasibility study and it’s multiple offtakes along with (REE) results have not yet been fully exposed “.
Stay Tuned.
That’s easy, he HATES trolls ! ha ha
TODAY IN THE MARKETS |
Name Price Change
TSX 20,582.12 +34.61 TSX
TSXV 611.99 -4.67 TSXV
CSE 151.05 -3.01 TSXV
DJIA 35,411.24 +183.55 DJIA
NASDAQ 14,058.87 +26.06 NASDAQ
S&P 500 4,554.64 +18.30 S&P 500
We Gotta be next in line!? …
NorCalTommy
44 minutes ago
#99016 RE: Nebraskan #99014
whoa..... 'Outperform /9' !!!
Is there something behind the BUSH Bernice?? :)
Let's go NIO!! while were young.... well, under 100 anyway......
ZZZZZZZZZzzzzzzzzzzzzzzzzzzz
When is it our TURN!!
Someone on this MB knows the timeline that the Company sent out the APPLICATION??
I’m curious too!
Cheers
“”Export-Import Bank of the United States Issues Letter of Interest to NioCorp for Potential Debt Financing of up to $800 Million for NioCorp’s Elk Creek Critical Minerals Project“”
CENTENNIAL, Colo. – March 6, 2023 – NioCorp Developments Ltd. (“NioCorp” or the “Company“) (TSX:NB) (OTCQX:NIOBF) is pleased to announce the receipt of a Letter of Interest from the Export-Import Bank of the United States (“EXIM“) for potential debt financing of up to $800 million through EXIM’s “Make More In America” initiative to fund the project costs of NioCorp’s proposed Elk Creek Critical Minerals Project.
EXIM’s communication to NioCorp states: “We are pleased to extend this Letter of Interest in support of the proposed capital funding plan by Elk Creek Resources Corp. for the Elk Creek Project. Based on the preliminary information submitted on expected exports and jobs supported, EXIM may be able to consider potential financing of up to $800,000,000.00 of the project’s costs under EXIM’s Make More In America initiative.” Elk Creek Resources Corp. is a Nebraska corporation wholly owned by NioCorp.
A project finance letter of interest from EXIM represents only a preliminary step in the formal EXIM application process, and the Letter of Interest states that the communication “does not represent a financing commitment” and “is not an explicit indication of the financial or commercial viability of a transaction.”
NioCorp expects to submit an application to EXIM to begin the first phase of the underwriting process (“Phase I”) as soon as possible. As stated in the Letter of Interest, “Upon receipt of NioCorp’s application for financing, EXIM will conduct all requisite due diligence necessary to determine if a Final Commitment may be issued for this transaction.” The process from submission of a Phase I application to a final commitment of financing by EXIM, if any, is expected to take approximately six to nine months and is subject to a number of risks and uncertainties. See “About NioCorp’s Application Process” and “Forward-Looking Statements Disclaimers” below for additional information. As explained in the Letter of Interest, “Any final commitment will be dependent on meeting EXIM’s underwriting criteria, authorization process, and finalization and satisfaction of terms and conditions. All Final Commitments must be in compliance with EXIM policies as well as program, legal, and eligibility requirements.”
“We are very pleased with this Letter of Interest from the Export-Import Bank of the United States for NioCorp’s Elk Creek Critical Minerals Project, and with the fact that we may qualify for as much as $800 million in debt financing from EXIM,” said Mark A. Smith, Chairman and CEO of NioCorp. “We look forward to finalizing and submitting a formal loan application to EXIM and working closely with them through this process.”
The debt financing is subject to the satisfactory completion of due diligence, the negotiation and settlement of final terms, and the negotiation of definitive documentation. There can be no assurance that the debt financing will be completed on the terms as described above or at all.
As noted on EXIM’s website, in February 2021, President Biden signed Executive Order 14017 directing an all-of-government approach to assessing vulnerabilities in – and strengthening the resilience of – the United States’ critical supply chains. From that Executive Order, the White House released findings from its comprehensive 100-day supply chain assessments for four critical products: semiconductor manufacturing and advanced packaging; large capacity batteries, like those for electric vehicles; critical minerals and materials; and pharmaceuticals and active pharmaceutical ingredients.
More information on EXIM’s Make More In America initiative can be seen here: https://www.exim.gov/about/special-initiatives/make-more-in-america-initiative
The information on or accessible from any social media postings or sites, or EXIM’s website, is not, and will not be deemed to be, incorporated by reference into this press release or any filings with the SEC.
I believe it was (February 2023 or March 2023) that the Company sent off NioCorp’s application for approval (EXIM) …6 to 9 months … so could/should be notified at anytime now — ???
LM
You know things are spiraling down hill when it’s OK to tell Posters on this forum-board to f*** off ! …?
sheesh
Might be time to drop an email — again — to ELON MUSK ? (It’s been 3-4 yrs.) sentiments can CHANGE? …
I completely agree ge11 !!!
We need some Material NEWS!!!!
OKAY …
Cheers
Stellantis Annual EBITDA
(Millions of US $)
2022 $29,375
2021 $25,709
2020 $8,427
2019 $11,649
2018 $12,447
2017 $13,828
2016 $11,992
2015 $8,658
2014 $10,927
2013 $5,781
—————————————————————————————
Stellantis Quarterly EBITDA
(Millions of US $)
2020-12-31 $3,509
2020-09-30 $3,852
2020-06-30 $346
2020-03-31 $719
2019-12-31 $3,841
2019-09-30 $2,009
2019-06-30 $2,968
2019-03-31 $2,832
2018-12-31 $2,971
2018-09-30 $2,413
2018-06-30 $3,354
2018-03-31 $3,708
2017-12-31 $3,207
TH65, if these numbers are anywhere close to being factual —
We are looking at a MONSTER project and STOCK PRICE!!!
I hope you are right TH65.
07/19/23 1:06 AM
#98659 RE: Truth and Transparency #98658
From the two posts:
1. Titanium annual revenue—-$664M
2. Niobium annual revenue—-$330M
3. REE’s annual revenue——-$200M
4. Scandium annual revenue—-?
Together revenues would be over $1 billion annually. What to worry???
I would put my money on NB if the project could only generate $500M annual revenues for 38 years.
Let’s see if “ Stellantis and NioCorp “ — can pull a rabbit out of a hat — (Last Chance Romance)!?
PS. I guess we should include — The (EXIM) Export-Import Bank!
When will we hear from (EXIM) again — 6 months??— (Maybe before)
“ Timing is Everything “
Hindsight is always 20/20 perfect! …
Unless you have a Crystal-Ball !? of course.
It’s time again for a PROJECT Update/overview! …
Has anyone contacted Jim Sims or Mark Smith - about the share price plummet!???
LONG NIOBIUM. NioCorp's Elk Creek Critical Minerals Project in Nebraska, US, is expected to produce an average of 7,348 tonnes per annum (tpa) of ferroniobium over a mine life of 38 years.
Given that NioCorp is expected to produce 7,348 tonnes of Niobium per annum, the potential revenue from Niobium production alone could be: 7,348 tonnes * $45,000/tonne = $330,660,000 per annum
Feasibility Study: Indicated Economic Results1
OperatingYear 12345678
9 10 20 30
Production
Niobium t-Nb 4,960 4,742 4,949 4,903 4,949 4,716 4,715 4,733 4,799 4,672 4,772 4,773
Scandium t-Sc2O3 116 114 113 109 112 109 105 102
101 101 102 107
Titanium t-TiO2 13,063 12,120 12,747 12,605 12,606 12,114 11,846 12,167 11,926 11,544 12,365 12,527
Realized Pricing
Niobium $/kg $45.46 $45.46 $45.46 $45.46 $45.46 $45.46 $45.46 $45.46
$45.46 $45.84 $47.00 $47.00
Scandium $/kg $3,986 $3,487 $2,989 $3,088 $3,188 $3,387 $3,586 $3,735 $3,734 $3,750 $3,750 $3,750
Titanium $/kg $0.99 $0.99 $0.99 $0.99 $0.99 $0.99 $0.99 $0.99
$0.99 $0.99 $0.99 $0.99
Gross Revenues ($M) $701 $626 $575 $573 $596 $594 $602 $608
$608 $606 $617 $637
Total Opex ($M) ($205) ($200) ($201) ($207) ($210) ($196) ($201) ($202)
($210) ($211) ($207) ($200)
EBITDA ($M) 2 $496 $426 $374 $366 $386 $398 $401 $406
$398 $395 $411 $436
EBITDA Margin 2 71% 68% 65% 64% 65% 67% 67% 67% 65% 65% 67% 69%
Operating CF ($M) 2 $496 $426 $353 $328 $341 $346 $342 $345
$339 $339 $339 $356
EBT ($M)2 $227 $202 $181 $188 $222 $259 $284 $295 $287 $283 $293 $326
Net Income ($M) $227 $202 $161 $150 $176 $207 $225 $234
$228 $226 $221 $245
Income Margin 32% 32% 28% 26% 30% 35% 37% 39% 38% 37% 36% 39%