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VERY INTERESTING - Watch out the PR at the close !... a quote from NVIDIA's CEO, Jensen Huang, about the partnership:
"Lightwave Logic's electro-optic polymers have the potential to revolutionize the way we transmit data over long distances. We are excited to work with Lightwave Logic to bring this technology to market and help solve the world's growing data bandwidth needs."
Oh the official Finra short report will be posted at close of business today. This is for the shares with a settlement date for June 15th. I think that report is going to be very interesting.
Is Xena around to give some guidance on what is happening?
What is happening with the orders: orders of 100.000 to 500.000 appear on the Market Depth: anticipation of the PR at close?
No, 5 years ago NB/CEO should have accepted NORMAL financing with much LESS dilution !!!
I am still convinced that someone (CBMM !?) does NOT WANT / ALLOWS this mine to be build now, mainly because there is NO market for Scandium and Niocorp would disturb the market and drive the price DOWN 1
And what about the 70% DILUTION !!!!
The publication date regarding the loan by the EXIM bank is rather peculiar! When management returned from DC they probably already new that EXIM was willing to provide a loan but they delayed the publication because when IF it was released BEFORE the vote for the merger, hardly ANYBODY would have voted in favour of a merger and a GIGANTIC DILUTION. Better wait another six months and build the mine with a loan from the gouvernement WITHOUT ANY DILUTION.
I still think that someone (CBMM ?) wants to DELAY the building of this mine......and BTW we STILL do not have results for the REE revenues let alone a revised FS!
And regarding the merger and a possible NASDAQ listing: who is waiting for that ??
Niocorp is all about the future dividends and NOT about the frustration of a listing with active shorters and a manipulation of the stock by the MM's. The way it looks we can expect dividends in 2029 !!!! Yawn, zzzzz
New application for Scandium (nitride ) in brain-like sunapsis !
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1893580
When do you expect upside ? 2026 ? Certainly not before April 2023.....
I am not feeling humble but deeply disappointed.
This wonderful and in the future very profitable project is NOT able to find financing: wonder why?
Officially the company value of the merged entity will be $ 281 M.
This means that we are buying 1 dollar with one share of Niocorp and thus giving away the TOTAL value of this wonderful company.
On top the result is that there will be 600 million shares at a corporate value of $ 281, meaning that our share will be worth HALF of its value today !
Is this the reward for supporting the company and (well paid) management for all these years?
I also wonder were the rest of the $ 600 million will be coming from and at WHAT PRICE? Another DILUTION ?
Or : can someone prove me wrong?
So, without the REE's , the project would not be profitable, given the low price of Scandium ?
Do you any idea were the rest ($ 600 million ) will come from ? Another dilution ?
How about sending this to your faithful readers....
"I still go back to my contention that with everything that NIOCORP seems to have going for it, and Critical Minerals being squarely in the WORLDWIDE spotlight.... all eyes on this sector.... and both political parties aligned on the importance of these minerals.... and yadda yadda yadda blah blah blah
And keeping in mind that we have a hugely financially/economically positive mining company, permit ready, with a dream portfolio of hyper-demanded resources......... As such, Would somebody please help me answer this question:
WHY IN THE FRICK WOULD WE EVER HAVE TO SETTLE FOR SPAC OR OTHER TYPE OF SECONDARY/DISTRESSED FINANCING!!!!?????
- where we have to give away massive equity... and deal with less than top-notch financiers??? When i got in to this investment, i heard that we had Tier 1 investment houses like Credit Suisse and Morgan (who, Mark S had done business with in the past) standing ready to finance this project (that was back in 2018).... And NOW, we are dealing with Drexel BL cronies in a SPAC situation........ WTF
Ok, what am i missing here.... there has to be some hidden loaded diaper that i have not factored in.... when one looks at the economics of the mine, and thru interviews and PR's it has been very clear that REE's will be in the mix, (DUH.... NIO would NOT be at REE conference if not!!)..(Sidenote: The REE hysteria and exponential hockey stick REE pricing began 4-5 yrs. ago, not 1 or 2 yrs. ago.....so STILL not sure why NIO stayed on the sidelines when WE HAVE THE 2ND BIGGEST REE DEPOSITS IN N.A.- Gosh, wonder if there are any more suprises under there!? maybe there's also GOLD in them thar' hills/mine, but heck we don't want to rush anything and show all of our cards this early!! (hahaha) UGH.......
This is a Wharton School case study on how to do things backwards i am afraid!! we were very late to the party, but we seem to have caught up and So why are we STILL groveling for boiler-room/sub optimal financing deals? and getting no guidance from mgmt. on financing status over the years (hearing things like "very close" and "A B C D E options, we're in talks with multiple parties, and 'cornerstone investor' and blah blah blah....But NIO seems to be treated by financial institutions like the mining industry's Red Headed Stepchild (no offense to red heads intended)..... it appears we ar "e going to financial instituions with hat in hand and on our knees....... WHY?? with our asset!! It's UN-FATH-OM-ABLE..
But again, be patient, and stop complaining, and be happy with your .84 SP or SELL YOUR SHARES AND MOVE ON! because soon, You whining retail shareholder's opinions are not going to make a spit of difference anyway- once the big Institutional Boys take over ....
And the beat goes on...... and on....... and on......
ARGHHHHHHHHH
So, why don't we get financed....?
If the NPV of NB is 2,7 Billion (cfr website) and after merger there are 700 million shares, is the share price then 3,85 Can$.
Can anyone comment?
...but after dilution the OLD shraeholders will only get HALF of the profit !!!
PPS = 41,67 So why are the guys form GXII PAYING ONLY $ 1 !!!!
I completely agree. It seems that the faithful shareholders that kept the shares for MANY YEARS are treated as the new shareholders that offer $ 1 for a NB share without taking into account that the underlying value of the mine is $ 3 BILLON. I suppose that would entitle at least a premium.
Mark Smith NEVER kept a promise, NEVER; Always much too late and sometimes not happening for many years. Some 5 years ago he did not accept normal financing because he did not want dilution : now we are facing 53% DILUTION and we have LOST 5 years.
This deal looks more like a last resort to find some capital.
Exactly why he might be ordered to do so....
I have a strong feeling that someone does NOTwant this mine to be built.
The delays and wrong promises are too prominent to be ignored.
The Chinese do not have this influence but CBMM DOES>>>>
Can any of the more knowledgable guys shed some light on the lead time to get the digging equipment to start the mine shaft.
In the past we were told that they need to be scheduled way in advance (months if not years). With no news on financing, I suppose no such commitments could have been made, meaning that it could take quite a while before starting the mine !
But 20 M sh x 0,4745 = $ 10.000.
So 10 days is $100.000 of intrest.
Presence of that CBMM ex-memeber should have a benefit but could also support my theory....
I am under the strong impression that someone is delaying the opening of the mine!
A former board member of CBMM sits now on the board of NB.
CBMM controls the price of Niobium and in the beginning they could have threatened to lower the price of Niobium so that the mine would NOT BE PROFITABLE. The situation with Scandium was even worse: there WAS NO MATKET for the amount that NB would produce and it would threaten the price on the open market.
The situation with REE’s and the fact that nobody wants to buy from China/Russia anymore changes the broad picture.
So now, the green light could have been given to go ahead although we, as shareholders, are still a long way from dividends.
After 2022 (financing, legal a.o) it will take 3 years to build the mine = 2025. Them operation in 2026 and selling products in 2027.
Maybe management might decide to pay off the loan first with the profits = 2028-2029.
The GOOD news is that we might see our pension plans realized in 2030…..
But we could have had those conditions 5 YEARS AGO....
NIOBIUM used in fusion reactors !
To develop their new type of magnet, the scientists crafted wires made of niobium and tin, which were heated in a special way to form a new type of superconductor"
https://newatlas.com/materials/insulation-free-magnet-sustained-nuclear-fusion-reactions/?utm_source=New+Atlas+Subscribers&utm_campaign=b5bc5cb9bc-EMAIL_CAMPAIGN_2022_03_07_09_05&utm_medium=email&utm_term=0_65b67362bd-b5bc5cb9bc-91618653
Could it be that EPIC is acquiring shares for coming ETF?
What about the EFT form EPIC? Around the corner? Before year's end?
This could also generate a lot of buying....
Hi th6565, can you provide me more info on the company. I own the url bio-chip.com....