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Touche~
Takes funding to get started....
Lets face it...the boys can't get anyone to invest. Period. And during a long stretch of all time low interest rates. They been there and done that...once. One trick ponies. And no one here can dispute that as of today. Yeah I'm still holding because I'm still in the black, but don't pay much attention to the company as until there is a PR on financing and construction...it's all noise. Just IMO of course.
Well said....that book would NOT be a best seller though...
I do not disagree at all:
No company can just claim mineral reserves or a certain ROI on mineral extraction and sale. NioCorp has to prove it and banks will send in their own independent geologists and economists to verify the work and economics that NioCorp's independent research companies perform
I'm not talking about REE being added to the mix now. I'm talking about the lack of financing the years prior. There have been many studies already performed, and I, like most here have believed that the banks/investors would have already sent in their experts to perform their own DD and then open up the checkbooks.
If financing is now dependent upon proving out the potential value of REE, we are in for another long stretch of waiting.
What I don't like is the fact that we are still waiting for someone to step up and invest in the project. I'm fine with the "process".
It's a crowded waiting room.
Well said again...we won't really know a lot of things without $$$ at this point. need to convince the money men. Still.
This was supposed to be a no brainer to raise funding without REE. The fellers have been there and done that. What's that they say about lightning?
Avg about 50 cents at this point. I can still wait to see how this movie ends. But any PR about studies, BOD additions, extensions, = noise. Just IMO
Any news except Financing is noise at this point.
Like the Cubs used to say...wait until next year. But hey, they did win in 2016, so there is hope...
Well said...
Whatever has equated to extensions...
yes, and would matter if we had a hint of shovels being placed in the ground this decade
Looks like another year gonna be in the rear view mirror with no change. Air permit extension likely the next positive news...
Ok, thanks. Looking fwd to those who attended sharing comments afterwards.
Never mind, the 2 shafts must be related to your earlier post from boilermaker.
They're gonna need more money to keep proving the worthiness of this mine and then round up financing. IMO. Air Shaft Permit extension coming soon.
Another FYI: It will cost approximately two million to sink both mine shafts (sure that excludes the ground freezing if necessary.)
Is this part of the REE feasibility study?
September 17, 2021
In this article:
NIOBF
+0.17%
Explore the topics mentioned in this article
CENTENNIAL, Colo., Sept. 17, 2021 /PRNewswire/ -- NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it will host an "Investor Day" at its Elk Creek Superalloy Materials Project near Elk Creek, Nebraska, on Wednesday, October 6, 2021, to provide shareholders with a walking tour of the proposed Project site and a briefing on construction plans for the underground mine and surface processing facility the Company intends to pursue once project financing is secured.[color=red][color=red]
Say something "constructive" boys...please
Let's hope potential financiers don't rely on internet chat rooms...LOL
For the umpteenth time, something is keeping money men from parting with their money. I understand ownership can't say why or what the hold up is. They don't have to. No Financing to this point says all we need to know.
Everyone invests accordingly. Shrugs.
Being named to "something of the year" lists? That and 55 cents will get us a senior coffee at McDonalds...lol
Might be closer to 2 bucks US if the exchange didn't orchestrate that "wet blanket, nothing to see here" forced PR that killed the rally a short time ago.
Just get the damn money boys. While interest rates are still CHEAP>>>>>
Next time you should ask some tough questions instead!
Walter asked good questions and got the best answers available from management to a retail investor. Period.
Management is what it is. They will get financing done or not. Everyone here is making their own decisions based on their own DD and input from those on the MB who dig up and post articles, filings, PRs, etc.
Thanks for posting walter. Clarifies where they are in the process.
A lot of big players could throw $25M at this without batting an eye. Pocket change for Buffet, Gates, etc. Let's hope they can convince someone/group "yesterday" to make this investment. Still a long way to go after that.
Still, it took an investor from here to pry out something that should have been communicated to the retailers without prodding. A PR may have actually kept the pps over a buck USD. And don't everyone say what a great opportunity to buy the dip!!.... there's been years of opportunity to buy under a buck. Folks want this to start going north, and stay there.
Selling shares after doubling? I'm in a pretty good mood. Doesn't mean I can't be disappointed in management or critical of them. I bought shares (a ticket to the game so to speak) so I can booooooo.
Being a "wait til next year" Cub fan paid off finally. This is the same thing, only with a reduced position and profits in the pocket.
Everybody makes their own decisions. I'm good with mine.
Have doubled my money holding and am fine with that. Liquidated a good chunk over a buck and will hold the balance in case the boys ever sell the whole kit and kaboodle.
But confidence in the team? Got torpedoed with last article about looking for a white knight to plop down $25M. After all the years of misleading statements about chip$ being around the corner. Granted there was always the disclaimers about anything that was said/stated.
Such is life in penny stocks and start ups.
GLTA
This board gets more entertaining every day. It’s funny listening to the Drama Queens inventing something new to wail about every day. Same three every single day,
Boils down to one thing- whether a supporter or critic- where's the f ing money? There isn't any. Hints of funding in place, German investor, i's to be dotted t's to be crossed, holding out for the best shareholder friendly deal, yadda yadda. The emperors have no clothes yet and may never have any.
Tired of hearing about the seasoned Molycorp team, been there and done that (at least as far as raising money goes). The Molycorp yeam is invested in, running or on the boards of too many companies to keep track of.
Sell the company/property to a miner who has money. Period.
Management would have to answer those questions.
That Air Permit extension paperwork ready for filing yet?
Still in the black, but reduced position, as expectations for imminent financing also reduced. Significantly.
Agree with the comments about signing on for federal support for the project (desperation for any perfuming of the project to potential investors) . More studies, more road shows, more BOD additions, etc, etc. Everything in place except the financing. The been there done that Molycorp Team have not proven they are yet capable of catching lightning in a bottle for a second time.
Definitely an investment for the young, the old may not see a shovel in the ground in their lifetime. Hope I'm wrong for the sake of the shares I still hold.
GL is needed at this point.
Skilled and imminent cancel out each other when it takes 4 years of imminent financing
Touche
That $140B likely will go to charities....
He only gave his children a fraction to pursue their dreams and make their own way....
Smart fella....
Well if the following were true...
All this de-risking
They would already have financing. No one here can honestly disagree with that.
Something is amiss....after all these years. Either they can fix it or not. So far not. And yes I know I can sell and move on. Eventually I may have to.
I don't think so...any and all info welcome here. Gives another perspective. There are efforts to bring new investors to the company.
Management will do that in spades, if and when, they can raise money to build the mine. It's a bit sad to see our investment touted in a marketing boiler room fashion though, just..imo.
One risk says it all, and we don't need an investment marketing letter:
Risks. (1) Raising capital to construct Elk Creek
Misnomer- don't have to be actually "mining" to get the award. Put that on the shelf next to "sportsmanship"
Where the hell is the financing to actually become a "miner"?
The list by Northern Miner is based upon growth in market capitalization of the companies named over the past year.
"We are very pleased to receive this award, as it reflects the tremendous growth in the Company's market valuation over the past year," said Mark Smith, CEO and Executive Chairman of NioCorp. "Over the past 12 months, our market cap has increased by approximately 84%. I think that reflects very positive investor reaction to the major advancements that the team has made in the Elk Creek Project over the past year, and the fact that these advancements have brought an influx of new investors to the stock."
PM,
just around the corner this is a syndrome that investors can fall prey to...lol
Just get the shovel in the ground in the 2020's.....
The PR they were asked to make about the great upward market action...Headline: Move along, nothing imminent to see here..." was a kick in the balls to be sure....
Something is holding investors back besides that stupid air permit that was issued so long ago now. If that has to get extended then may be time to punt. Just my 2 cents
Agree, no uniformity...just a "move along folks, nothing to see here..." PR. That killed the days momentum, and also by the company saying they don't know what's causing the spike telegraphs that nothing is probably imminent.
Let's see if the wet blanket effect continues today. Regulatory bastards...
I'm sure if we all collectively did that digging it would equate to digging the mine...lol
Anyway- perfect time to put out a follow up PR announcing both integration plans and financing deal.
Sure sounds like vertical integration to me.
Sounds like a plan they can share with shareholders too, to let us know what the vision is, if financing is ever put in place.
Unless in the thousands of pages there is a line item to finance the Nio mine, the answer is No.
The mine was a supposed printer of money for the last several years and didn't need REE to make it so.
We never heard from management that we needed a government infrastructure bill to get the mine financed, so again, answer is No.
C'mon Mark, GET'ER DONE
As am I. It's in the black for now and I can wait. It can also be frustrating to see progress made on their other holdings/investments/interests. Something is holding back the investors. Management knows why that is and can't really share that with retail investors. However some , a little, transparency or update on the timeline would serve them well with their retail investors, IMO.
Time is money and money will never get any cheaper to borrow.
Luck to all invested.
The writing on the wall IMO says we are fast becoming a world class niobium, scandium, titanium, REE mine
Uh, not without a shovel in the ground we're not....we're getting further and further behind. Offtake agreements without any offtake?
Years of experience with the fellers....hasn't translated to the big F yet. As said before, the Air Permit can be extended, no one here wants to see that.
The boys need to book another Fox Business news appearance. That may move the needle again.
FOCUS on NIO and not your myriad of other holdings/investments/boards, etc...
Well said stark.
And unfortunately there is transparency on the only thing that matters: financing is still not in place. Nickel and dime raises keep some air in the tires and not much else.
Concur: Get'er done already. And at NIOCORP, not any of the other business interests.
Well said....the smoke and mirrors and air permit are getting old.
Yes the air permit can be extended, NO ONE here wants to see that crap, do they?
Been there done that from this team, one trick team? Involved in and running too many companies? Until financing is secured....answer unfortunately is "yes".
If that's the case the boys should have that in the opening line of every single dog and pony show to raise $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$