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My humble opinion:
1) We are 2-4 months from wrapping up financing! Sometime between late January and April. But it's soon !!
2) God willing only 12 months to de-water the site.
3) concurrent with de-watering is infrastructure and facilities above ground.
4) after water about 20-24 months for build the mine.
5) so in about 3.5 -4 years we should begin production.
6) could see partial year production in
2021. Second half of calendar year.
7) 2022 could be our first full calendar year of production.
8) actually I think Niocorp's fiscal year runs different than calendar year?
9) if so we might luck out and have full year production at end of fiscal year 2021 ending in June? 2022?
10) if EBITDA numbers come in near expectations or better there will be plenty of cash to grow the value of Niocorp. Acquisitions and mergers.
Further resource assessment, dividends, etc etc
11) I think the preceding is a best case scenario!!
Once I said to Mark Smith: " I sure hope Niocorp starts paying dividends about 5 years after production begins." Mark said " um, it's not going to take that long!! I want to start dividends as soon as able!"
Geez give it a rest !!! I love accuracy but it's like your looking for hairs to split!! State your opinion and move on !!
Find something new to post like
HoppaJohn !!!
And ps I have spoken at length with Mark A Smith on our cell phones about this and many other things !!
And I have spoken in person with Scott Honan face to face one on one !!
So give it a rest dude !! I may know more about this than you !!!
Have s good day!!
Amen amen !! Things must happen in right order!! But...... I like KNOWING that if Niocorp needed to do a second mine to say support Scandium needs 5-7 years from now the resource is there!!
I'm not in this for the next couple years, I'm in this for the next 40 years!!!
Just been watching Warren Buffett videos lately!! He will never sell one share of Coke !! 400,000,000 million shares !! Because he sees 5, 10, 20 years out !!
I'm just as excited about things I see 7 years out !!!
John Hoppa!! Thank you for this link !!! I hope the Child Jesus blesses
You today !!!
Amen brother !!! Great idea !! Extend your hand and say a prayer of blessing over the area !! Remember you are a true son of God the Father in Jesus !! And your blessing is a real blessing !!
Thanks for the correction!! I Shouldn't post when not well!!
The following is from the Revised Feasibility Study dated December 2017.
SRK Consulting (U.S.), Inc.
Revised NI 43-101 Technical Report, Feasibility Study – Elk Creek Niobium Project Page 48
Molycorp at its own laboratory at Louviers, Colorado, USA and other analytical work at several commercial laboratories.
On February 5, 1986, in an internal Molycorp memo (Cook and Shearer, 1986) from the two principle project geologists (Cook and Shearer) states:
“Niobium Resource Lands (Elk Creek Section 33)
These lands include the Section 33 niobium resource and adjacent untested lands. The resource contains 39.4 million tons of 0.82% Nb2O5 and is open to the north, west and at depth.”
Ps I asked Scott Honan personally about further drilling face to face!! His eyes light up, visibly chomping at the bit about getting the opportunity for further assessment!!
I believe they want to do it as soon as able!! But first things first sorry if this is repetitive !! Meds are kicking in !!!
Once we have the initial financing in place Niocorp begins the de-watering process and the building of certain aspects of infrastructure. Now it will take between 12-18 months to de-water initial phases. They will have money !!! I wonder if towards middle or end of dewatering they could drill a few more holes???
Whatever the case Mark & team have the best ideas in place. It's not there first rodeo!!!
Good to hear your thoughts Chaka !!i hope you get a chance to move some money around and get more shares!! I have a very strong feeling come Jan 2 these prices will NEVER BE SEEN AGAIN !!!
I keep reading and rereading the Executive Action by the Whitehouse and Niocorp's response !!
Question: Does any poster know of another company that fits the bill so perfectly as Niocorp ? There probably are? Remember there's about 20 elements on the critical chart.
"May land in the sweet spot of criticality" !!! Pure poetry!!
Music to my ears !!!
1) a careful reading of the executive order sounds like it was almost written for Niocorp but without saying the name.
2) I think? Management once told me, The Senate Sub committee and executive type actions will never mention a company by name ( even if they DO have a company in mind) and Niocorp would NOT EVEN WANT IT!! Because the government needs to be fair to to all companies out there.
3) ,executive action, Niocorp response = goose bumps !!
The kind of goose bumps one gets watching a golden goose lay eggs !!
Yes 100%!! Agree . I just assumed people new that, but thanks for clarifying that !!! It may have given a wrong idea to any new comers. Niocorp has its hands full right now dealing with all important issues on the table. I just get excited when I contemplate that the knowns are tremendous and we KNOW THERE IS MORE GOOD NEWS 600 ft below, just how good is yet to be seen !! But the point is there is MORE IN ALL DIRECTIONS!!
Very important to understand for all new and old investors! Please correct me if I'm wrong!! Based on several discussions with management the resource is " 100% open at Depth" which means we have no idea how big the ore body is !!!
Also the "resource field" is open horizontally in 3 directions!!! This is huge because: Scott Honan told me personally " I can't wait to do further drilling! But the FS is a snapshot in time! Once I'm able I will do further resource assessment!!"
The critical factor is it's much cheaper to go wide than deep in terms of operational expenses!! In other words there is the possibility that we could get a lot more material with less cost !!! And the market and money people will love it !!
We must all remember the Feasibility Study is a "snapshot in time" because management could keep changing variables all the time. Bankers and money people want risk removed and the highest level of certainty possible.
Our current Feasibility Study is plenty good !!!! And there's is like a 99.99 % chance it could get much better !!
We don't need it to be better, but it could only help !!
2 minutes of clarity and back to bed !!!!
I'm gonna offer up as a sacrifice some of this insane suffering for the success of Niocorp!! I've never done that before!! I've always brought the Lord into my investments but never went so far as to offer up suffering as a prayer for successful investing.
I know many good families and people are involved with this company and investment!!
Birds of a feather flock together as they say !!!
Holy smokes !!! How fortunate is this board to have this post by douginil!!!
Ummm I consider that post an amazing Christmas gift to every investor on this board !! To think we are in the company of someone with doug's credentials is simply fantastic!!! I am horribly sick today and can't even make church this evening!! Now I can go back to bed with a smile on my face !! While coughing so hard I fear a vital organ will fly out of me !!
In all sincerity please say I prayer for me or send a good thought my way!!
The doctors can't figure it out!!
Maybe I should update my will !!
Many years ago, I was told by a very holy catholic priest: " Never lie! For when you do, you draw the devil near!! Since he is the father of all lies." Those words have never left me!
Little did I know back then I would have a long successful sales career.
A field riddled with liars and lies!!
I've always used telling the truth the absolute best I could. I very often broke records in several different fields & different companies. Did much sales training!! I always said " it's difficult to teach pathological liars to tell the truth & believe it works best !!"
I also have worked several years in a Healing Ministry. Very powerful!!
I KNOW that lying not only draws evil near like a magnet but it can allow for attachments of lies and evil spirits to ones soul!! So my Friend I take the truth very serious!!
Let's be clear: lying involves a motive of intentional deceit with one's will.
If we make an honest mistake or a faulty memory, etc etc that's NOT LYING!! It is simply an error or a mistake!!
I need to extend a most sincere apology to TO Double D!! His name is Todd by the way. I accused him of deleting one of my posts. It was a prayer, a truly sincere prayer. Todd informed me privately that he has in fact stepped down from being the moderator and he did not remove my post but rather the iHub administrator did. So Todd please accept my apology!! And I do want to publicly thank Todd for all the awesome information he has shared and I hope will continue to do !!!
lol Walter!! No I haven't!! In each case I introduced them. Doctors, engineers, retired and just friends !!
In each case they did their own homework!! Like I always say: " I don't give refunds!!" But I will share opportunities I feel that are worthy.
I always tell The Whole truth and nothing but the truth!! We all live and die with our choices & our analysis. Which is why we must always keep our ears to the ground for insights and good ideas that might even come from unlikely places!!
Nebraskan I greatly appreciate your last couple posts!! I couldn't agree more !!!
Ps Christmas season when most people are visiting with dozens of friends snd family members, is a perfect time to just share a little!
No hard selling just simply sharing from the heart!!
I believe the days are coming when people might actually get a little upset if we failed to just take 2 minutes and
Say " hey I'll send the link to Niocorp's Home page to your phone right now!! Take a look. I think you'll be glad. I've personally invested in this company." That simple!!
I'm not bragging just sharing, I know that I'm personally responsible for introducing between 7-10 families/individuals who have invested anywhere from a few thousand dollars
To over 100,000 in one case. I've told dozens and dozens probably hundreds about Niocorp. I sure most long time investors have done the same as well and probably more!!
My point is there are times when action can pay off with greater results!! I firmly believe we are in such a golden moment!!!
And I repeat: imagine 1,000 to 10,000 new investors beginning to buy. Even with as little as $500US Picking up roughly 1,000 shares.
The repercussions would be a tidal wave on every level. And once they learn they will go in stronger.
My opinion is its best to tell new potential investors to very carefully study the first couple videos at Niocorp's website.
Did you know there are studies that show the average person knows 150-250 people. Your mechanic, butcher, barber, accountant etc etc
Not to mention family friends work associates, old college friends etc etc
Most people know little about investing in mining stocks!
Most people have never heard of Niobium or even fewer Scandium.
Most have heard of Titanium.
Very few have ever heard of Elk Creek Nebraska. Obviously I could go on and on. The simple point is no person wants to invest in something they know nothing about. So there is a certain learning curve almost everyone goes through with Niocorp.
I and several people I know started small but as their due diligence increased they kept buying more shares. It's amazing how many people are putting a high percentage of there investable resources into Niocorp!!
This is an awesome dialogue!!
That's why I posted several days ago
Asking all investors who have done some due diligence to post 5-10 reasons why they think Niocorp is an excellent opportunity. Only a couple did.
I was trying to encourage really good posts and stay out of silly immature
Responses. I confess I don't always To well at that.
I was telling everyone to seize this moment and tell Niocorp's story!
I was certain there were many new viewers!! One day I believe we broke 10,700 views!
If we take a look at Friday's trading,
At the exact point in the day when Niocorp dropped to an intraday low, you'll see the stock IMMEDIATELY sprang to the intraday high!!
That is a good sign the stock is building an internal spring loaded tension!!
The entire past week has many positive points in the charting analysis, almost every single thing
Was positive to very positive.
Just like Mark Smiths words in the latest release are virtually spring loaded with positive tension so are the charts!!
Very interesting situation!!
The stock is going to keep moving north in my opinion.
Any announcements regarding financing, even one that says " Niocorp is pleased to announce it has entered into discussions with such & such group " is going to very positive!!
Putz that is absolutely beautiful! Thank you and praise Jesus!
Sorry I won't shut up, but I will try to be more charitable to you.
It's kinda like you give a gift with the right hand while slapping with the left!
Nonetheless it's a beautiful song !!
Let's say1,000 or 10,000 or 100,000 people invested
Between 1k to 5k in Niocorp stock within 60 days. Can you imagine what that would do to the share price?
BUT MORE IMPORTANTLY TO THE GROUND SWELL/SNOWBALL EFFECT!! There's something called the " point critical mass has been achieved " once that occurs, it can't be stopped! It's a principle in nature for both good and bad.
Critical mass in my opinion is clearly not achieved yet. But things have happened lately to move things much closer!! The thing we shareholders can do is reach into our own networks, spheres of influence, social media, etc !! We can do things that management simply cannot do!!
They are governed by a strict set of rules, we common shareholders have extreme liberties compared to Niocorp Management. Food for thought !!
Putz you need to remember when there is an unusually high degree of views on the iHub board there is about a 99.99% probability there are new people. And that is the time to communicate basics and save others
Many hours of due diligence!
It's not just about you Putz!!
Some of us are playing on a different level!! Some of us can't even understand another's post and then make a Comment that illustrates that exactly!!
Finally Putz bellies up to the bar with
Something worth clicking on and reading!! For what it's worth you're spot on with your post !!
Walter is a strong asset to Niocorp and other shareholders!!
Gotta shower and crash !! I'll take a peek at it over weekend!! Blessings upon you and yours this Christmas!!
Yes but we all effect the world!!
And as a shareholder owner of any company, I think a shareholder should act and think like an owner because a shareholder is. I once helped drive a penny stock up over $12 a share and onto the Nasdaq . At the time i was so enthusiastic about the company!! It never dawned on me I had any effect on the price!!
But apparently many people inside and outside the company thought I did. So I believe we shouldn't underestimate our ability to help.
FYI to everyone Putz unfortunately rarely says anything worth reading!
Regarding any patents between IBC and Niocorp will almost certainly register as a NON-EVENT!!!
You the hell cares about some scandium patent? Ps some 2000 have filed in the past 5 years!! There isnt a supplier nor producer of Scandium therefore logic dictates 99.99 percent of the world will care less. Now once there is production and new meaningful patents come out then it most assuredly will effect stock price.
Thank you rubberworm!! It's good to know there's a place that's not monitored by someone who thinks he's smart but underneath it all its his own little power trip !!
Beers on me rubberworm!! We can tell Todd jokes !!
Looks like my prayer got deleted!!
Hmmm I thought it was a good prayer !! Oh well !! I got the Amen's I needed !!
Again??? Keep showing up weird
Oops how did those ??? Get in at the end ???? Hmmmm truly weird!!
Jesus you are the savior and redeemer!! Amen ??
I know of an ex fund manager, very successful and happens to have a few bucks, who sold all his stocks except 3 companies: Niocorp,
Largo and Clean Teq. Very interesting!! Clean Teq clearly states that the pricing they used in their most recent scandium document at 1500-2000 is " well below market pricing ". In fact now they hope to come out with a new FS, first quarter of 2018 with 3 elements!! And the non Scandium elements are what Clean Teq is hoping to use to better obtain financing. (Clean does have a few non binding financing commitments, but non binding is exactly that.) Gee I wonder if they are copying Niocorp!! Clean Teq is a minimum of 3 years away from production, minimum!!
Mark Smith has a much better strategy regarding Scandium pricing!! It is precious stuff!!
If Clean Teq wants to slash prices like Walmart that's their business!! It's a simpleton strategy to start with low pricing to accelerate the Scandium market!! Just like any retailer starting with low pricing to capture market share then raise prices!! Not a very creative strategy!! Personally Mark Smith strategy has much more integrity to it!!! If Boeing or whoever gears up they need as stable long range pricing as possible!!
Clean Teq only expects to produce about 50!tons per year, half what's Niocorp expects to produce! Mark has a much superior strategy in my humble opinion!! All said and done Clean Teq should they come to production, will help Niocorp huge!!!
Hope this post makes sense!! Low blood sugar and no glasses !! Lol ??
God bless you Maxz!!
That Executive Order is pretty cool stuff !!
Like Jim shared with shareholders at Buzzard Billy's before last Townhall .
DoD actual purchases are not important in the quantity, the fact it's on the stockpile list is!!
But the main thing is "how to move the conversation forward regarding Scandium and the other elements as well from a US supplier.
What Jim Sims and management is masterfully doing is creating the BUZZ !!! Getting Scandium in particular front and center in everyone who does business with the Department of Defense!!
Niocorp wants everyone getting ready for roughly 100 tons per year with 4-5 years !! All announcements from Ricketts letter, Senate Sub Committee, Executive Order, etc are simply off the charts !!! Don't forget Tony Fulton ex-director works for Gov Ricketts!! The stars are aligning!!
To all new comers to Niocorp:
What a phenomenal post by Nebraskan!!! You're on your A game brother!!! Excellent excellent post !!
You nailed it! The 3 items this week combined are tremendous!!
The language of Mark in today's press release has been carefully crafted and its powerful!!! It's now very clear that they were issues with the previous administration that have held things up!! And have probably kept some money on the sidelines.
But "the thumb is pulled out of the levy now (was gonna say dike, but lol) . You can hear the joy and enthusiasm in Marks words: "applauds...predicts....new era...accelerating...SWEET SPOT..." etc etc !! I believe I know this management team well!!! And something very very good is about to break open !!
For you smarty pants types: do a linguistic analysis of Marks Language in the latest release compared to other releases over the past 24 months, you will see a substantial quantitative and qualitative uptick!!!
Ps do your loved ones a favor they will thank you for, for many years to come, tell them to invest something ASAP!! No matter how modest!! Even
$500 or $1000.