Thursday, October 18, 2018 8:34:12 AM
Good morning miners,
I’ve just recently found NIOCorp and I’m getting excited. Haven’t bought in yet still doing DD. But so far I’m buying in on the dream. What I see is a huge market for Niobium, at home and abroad, but the recent news about scandium seems to be a game changer. The added Trump Admin news release on pulling back to American supplies is real good news too. What I’m taking from this is that since Niobium has a market here, though it will be competing with overseas markets, plus the POTUS decision, and the best news, the 10yr enforceable contract for scandium should 100% secure financing for this project.
So... let me see if I’m being realistic, these guys have leverage right now on investment banks, if they lean on the real hard now, and secure financing by the end of the year it will likely be spring/summer 2019 before loan closing. Construction begins and we start mining in 3.5yrs, first couple yrs are paying interest on loans and ramping up production, 6-7yrs profits are starting to soar and we are trading on the NYSE and real money prices.
Does this make since to y’all?? I’m sure they’re will be price hikes in SP with news of secured financing and project building but it won’t really get traded with the big boys until the balance sheet is green and climbing. I’m good holding for 6-7 yrs plus with the kind of Potiential I’m seeing. Just wondering what yalls thoughts and expectations are.
I’m still on the fence to jump in and buy until I see secured financing. But with the POTUS news and the 10yr contract on scandium I feel like i can already see it.
Give a newbie your personal opinion.
PS: I’m not jumping in for a 25cent Jump. When I jump in here I’m in for the long haul. I’m not a penny jumper.
Recent NB News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:00:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM