Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good point Putz and please forgive my previous attacks against you!!
You've turned out to be sound fair and reasonable!! God bless you!!
Apparently if a poster isn't a cheerleader they should shut up!!
I think many investors don't want to hear any tough questions because they are very insecure!! If anyone believes in this stock they should pray it drops to .20us pick up a butt load an enjoy INSANE MULTIPLES DOWN THE ROAD!!!!!!
Imagine .20 to $20 hmmmm that's legacy wealth territory!!!!!
Currently so do I or I'd dump all my
100,000+++ shares !!!
But I'm at a loss as to why it keeps dropping!!
Why wouldn't mining stock experts swoop in and start buying like crazy !!!!??????
Ah jeunke I have !!!! Good for Largo!!
I own Niocorp!!!! My simple point is where would we be today if Mark gave Niocorp HIS UNDIVIDED ATTENTION!!
The caps are for the idiot who said people don't read them !! Lol
Read em and weep baby !!
Bull !! My previous posts say this is a 15-30 stock following first full year of production. And with further resource assessment in 7-8 years it's a 70-80 stock !! So there silly boy !!
Again nothing but ignorant comments!! Substance posts or don't waste my very precious time !!!
Thank you Walter!! I sincerely hope your right!! But anyone one this board can offer quality insights if they have some experience and due their own due diligence! And I'm not asking that anyone be 100% right!!! Far from it!
But we all expected the FS to be a milestone stone event. And the market has completely ran away from it. And I don't know why?? I keep asking myself what am I missing?!!!
If this is what we say it is? Why continuous new 52 week lows?
A certain number of shares I will keep come hell or high water!! But I don't see what will prevent the stock from slipping further!! And no one offers intelligent insight!! And what does
" seeing traction " really mean?
Ok I'll stop asking real professional questions for now !! We can all go back in live in Happy Village!!
Juenke is mayor, Always owns the local ice cream store!! All is lovely in Happy Village!! Ice cream is still ice cream even at .28us !!!
I hope your right!! But Mark did not sound very confident in this area on the latest investor call !!
Todd we are not in a cult!! If we fear honest comments then perhaps we need to look in the mirror!! The truth will set us free!!
I do hope!!! And believe in this stock !! But I'm suffering huge loses!!
I did not invest to LOOSE MONEY AND NEITHER DID YOU!!
In my experience, the real truth is a sober look at the positives and negatives!! In hindsight I could have sold everything 8 months ago. Put the money almost ANYWHERE ELSE!!! And made huge gains !! And currently bought same s or double the shares and still had substantial money elsewhere!! The message board is not
Some bs Polly Anna cheerleader site!!
A good board is for honest open sincere dialogue!! And I've always respected your input !! But please don't put down honest fair criticism!!
That was a brave and honest thing to do!!! It is not good that they did not reply!! That is disrespectful to an OWNER OF THE COMPANY!!!!!
Shame on them !!!!!
I'm going to ask a question that I fear to ask!
Mark Smith has essentially 3 jobs.
1) Niocorp CEO
2) Largo CEO
3) IBC. Consultant and board member.
Now if Mark is an honest and ethical man, which I believe he is, he has to in justice be honorable about performing appropriate work for his compensation. QUESTION:
How much has Niocorp been hurt by his having 3 jobs? Every hour he spends on Largo and IBC he is not working for the Niocorp shareholders.
Is this why we are having problems.
I as a Niocorp shareholder care about my investment in Niocorp. I don't care if Largo is doing well, nor IBC!!!!
My investment is in Niocorp!!!!
I'd appreciate intelligent and honest replies !!
I agree with you Landmark or I wouldn't have put $100k of my limited
Resources into Niocorp. Like I said my fear is short term operational cash until larger funding takes place!!
Why is Niocorp having such issues raising short term cash with terms that don't hurt shareholders???
I know right!!!!!
You set your own values! Trust your
Instincts
AM I WRONG? Please read entire post.
I believe in this project or I wouldn't have invested what was an IMPRUDENT AMOUNT OF MY AVAILABLE RESOURCES!!!
But I am truly concerned if the company can raise sufficient short term capital to finance operations until major funding appears??!!!
Jim told me normally funding something like this can take 1-2 YEARS!!!!! Mark is always pushing time frames and RARELY ACHIEVES SOMETHING IN A STATED TIME!!!!
I appreciate his gusto but he is not God and does not control the universe!!!! What happens if the company has to suspend operations until cash appears? Does Mark have sufficient personal resources to help out? Do you? Do I ? Why doesn't the some of the board pony up some short term cash if they believe in this so much ? SHOW ME THE MONEY!!!!
This company needs short term cash!! Patents with IBC don't pay current liabilities!!!! Great to have but if we don't raise like $10 million we will have problems in MY OPINION!!!
Am I wrong??????? Intelligent honest replies only- thank you
Ben Franklin Decision Method!!
Ever hear of it ? Sheet of paper, line down the middle. Pros one one side cons on the other. Just free flow all the positives and all the negatives.
But one must have the courage to be brutally honest!! Just pour out everything.
Now this is my version: then go back and assign numbers like 1- 10, 1 being vey minor 10 being hugely important!! See what you come up with? If you don't have honest negatives you're living in a fantasy!!
I once lost around $700,000 because I was living in a false bubble I created!!
I deserved to loose it!! Blessings to all !!
Glad to hear your confidence walterc!!
I believe you've been involved for a long time !!
What are the tangible factual objective
Things from the investor call that will prevent a further slide in share price?
Please stop with all the emotional bloviated bs!!! Tangible objective facts!!! Did we really learn anything new? I never thought this would slide below.40US after the FS, but here we are!!!
Thank you Todd for posting something of value instead of the non sense posts that this board has degraded into!!!!
Oops I meant a stock like this...
I'm on a retreat the next 3 days. So i don't have the luxury of carefully listening to the replay multiple times!
I hope others do and can share any insights gathered !! I've always found I pick up many things carefully listening to an investor call, pausing,
Rewinding, taking notes!! Just like a student who's paying a butt load of money for tuition.
Ont I hope you are very wrong!! I didn't get into this for a 100-300% return. I invest in a stock looking for 1000-3000% or more rate of return!
For the record, I believe this Project will happen! I believe Niocorp will trade between 15-$30US AFTER 1st year of FULL PRODUCTION!!
I also believe this stock could 70-80US AFTER further resource assessment and INCREASED PRODUCTION RUN RATES !!!!
I forecast now that once in production and having an EBITDA of over $350 million, the company will increase production and produce 200 tons of Scandium per annum!!! Then the stock will go crazy !! Way past $50!!
Oh yeah then the dividends!!! See this is what I BELIEVE!!! But then again I need to get my meds checked!!!
But first things first !! We are a long way from one measly dollar!!!!
But remember even after funding, it's going to take 12-18 months just to dewater the project!!!!!
And since most people have the attention span of a 6 year with extreme ADD and a full bladder, that
18 months is going to seem like 10 years !!!!!!
Praise God for that Hispanic man who very respectfully asked Mark to start hitting time frames or explain why?
It IS A FAIR CRITICISM THAT MARK SAYS THINGS AND THEN IS OFF BY
NOT DAYS, weeks or a month or two but is off by MANY MANY MONTHS!!!!
It weakens shareholders confidence!!!
I like Mark very much I wouldn't have invested over $100,000 into this company if I didn't!! I believe it will happen, but getting nervous!!!
I never thought it would see a 52 week low within 90 days of the full FS !!!!!!!
Mark implied the independent group may not have signed off on some of the technical work!! They are going to go back and forth !!! Listen VERY CAREFULLY TO THE REPLAY !!!!
Wow you must be extremely insecure in your analysis!!!
Help!!!!! Can anyone explain to me what's going to prevent share price from going to .30us or less by xmas? We could see .25??
I believe in this company huge!!
Recently Purchased over 50k shares additional around .54. Of course if I thought it was going to .37us I would have waited. But I'm feeling like this thing is going to drift down until after Christmas/ New Year. This is ridiculous how this stock has such weak market support!!! I'm saying now this stock is heading to .25-.28us by 12-31-17!!!!
Thank you !!! Can't wait to read !!!
Johanna any company would always prefer borrowing capital especially with the revenue forecast in FS.
It would be wonderful if 100% of Cap Ex could be borrowed! But that goes against the fundamentals of banking and lending!!!
Landmark wrong !!!!!!! There will be dilution no matter what!! Mark was speaking of the loan side of things!!
Meaning loan could come from one source or multiple sources!!
But anyone who knows anything about this KNOWS THAT ANYWHERE FROM 30-40% of money has to come from equity!!!!!
Correct
Very important!! On 10-19-17 the announcement means exactly what it says!! LEGALLY!!
CEO increases personal stake to ACCELERATE FUNDING PROCESS!!
This is seriously legal, it must mean exactly that!!
While Mark was making multiple trips to Europe, this announcement was released!!!
All we know is what we actually know!! But common sense Mark Smith is not wasting his time flying back & forth multiple times unless something is going down !!!!
I wrote a couple weeks ago about this topic!! I spoke w Jim then posted:
The condensed FS is a 3rd party technical review and verification of all the engineering, technical analysis etc. The short version is NOT FOR THE BANKERS AND MONEY PEOPLE!!!! Rather, before funding, the banks will require a 3rd party independent review of all technical work in the FS!!! Funding is not being held up because of it!! In FACT Niocorp actually contracted and begin the independent review process before the FS was released on August 10th. It's just an ordinary part of the flow!! Hope this makes sense.
Scott Honan was up in the wee hours of the morning the day the FS was released, getting the report to all interested parties!!
Thanks!! I thought that's what you meant but I wanted to be sure!! I know you're over there across the pond as they say! And sometimes words are used differently, thanks again!!
And yes I'm tempted to buy more.
I bought 51,000 shares average price of .536 in June or early July thinking that was about as low as it was going to go. Boy was I wrong!!
But one right thing could see this price go up substantially!!
Like Mark said he thought it was worth 10X current price townhall, not too many stocks are that undervalued!!!
Walter what does "scaling-in" mean?
Thanks
Good post Landmark!! Some of us shareholders had a lengthy conversation with Jim Sims and Scott Honan the night before the townhall at Buzzard Billy's !! Jim spoke at length on this topic. You gave a decent overview!!
The key is not the DoD stockpiling Scandium but rather getting all the
Contractors doing business with the DoD to discuss what would they do if
Approximately 100 tons of US produced Scandium became available within 5 years!!
HELLO !!! We are the only POSSIBLE GAME IN TOWN !!!!
The key is generating a foundational buzz going on Scandium!!! And the DoD is doing just that !!! That was
A+++++ work by Jim, Mark and Scott!!
Jim humbly doesn't say how much of that was due to him, but common sense says "a bunch"!!
If I recall they still have permitting issues!! At least one of the Australian companies was not through those hurdles yet!!
Negative value on Niobium alone? I'd like to see how you figure that?
Pea 1 with an EBITDA OF $153M or
$183M ? Can't remember and initial cost build out of $919M had Niocorp's financial advisors/bankers happy !!!
And only a small amount of Scandium I think like 11 or 12 tons just going by memory. Because I called up management to complain about why so little scandium!!
Bottom line this project is DOABLE ON NIOBIUM being the main revenue product!!
At townhall Mark said the terms of financing that they are going for will not require scandium off takes! Helpful yes but not required!!!
The company could process the material in several ways, each yielding different amounts of each element and with different costs associated!!
It's outside the norm but SCANDIUM IS OUTSIDE THE NORM!!! There's nothing like it and zero absolutely zero producers of the material in any meaningful quantity!!!
Question? Why wouldn't a large Company like Aerobus, Lockheed, Boeing, etc become a huge investor or buy this mine outright!!! And Secure their Scandium needs for the next 100years!! And sell Niobium for pure profit!!!!
I know some will say, "companies typically don't go downstream to acquire actual production of base materials", but SCANDIUM IS UNIQUE!! So let's break the mold on this one and get these
Companies that are "begging for a high quality supplier" to belly up to the bar with $$$$$$$$$$!!!
If negative posts are keeping the price down then the market and investors are stupid!!!
People should be able to post their opinions and ask and state the toughest questions possible! Anyone who's afraid of that should by mutual funds and other financial instruments.
I keep asking myself what am I missing? Perhaps nothing? But it's confusing why this stock hadn't moved north of $1US, even $2-3?
Like Mark said at the Townhall, in his
"Opinion, it should be around 10X the current price." Which at the time was
I think around .52US?
The Governor's Letter and the congressional announcement had zero positive effect!! Very odd?
What does the market need? 3 years history of actual production???
Every smart investor knows you have to find logical opportunities ahead of the big break out!!
And it only takes a few thousand new investors throwing $5-10k into this and it will fly !!!!