Siarayne29; Landmark8211111, Monacle, Slashnuts
I have no knowledge of what they will do. Since this is a Canadian registered company I don't know if they need to announce a buyback beforehand. (I live in the US.) Any Canadians with knowledge? Would they need to file a notice of intent or?
It would be a good thing to issue a dividend to shareholders.
Perhaps they could do both? (I would like a dividend! A quarterly dividend would keep me holding on to this stock!)
Also, this was posted by Landmark on the Niocorp board:
From some of the recent articles I have been reading- it looks like niobium is poised to soar:
FOCUS: Vanadium market underestimates ferro-niobium switch; ferro-vanadium prices tumble 25% in March
Weaker-than-expected demand from steel mills following the introduction of new rebar standards in China and increased use of ferro-niobium there have hit the ferro-vanadium market with prices in Europe now trading at levels last seen in December 2017.
So far this month, the European ferro-vanadium price has fallen by more than 25%. Fastmarkets assessed the price for ferro-vanadium, 78% min, free delivered duty-paid, Europe, at $55.50-58 per kg on Wednesday March 27. This was down by 4.6% from last Friday’s assessment of $57.50-61.50 per kg. In China, the weekly export price for ferro-vanadium, min 78%, fob China, was last assessed on Thursday March 28 at $58-62.50 per kg, from $64-67 per kg previously. The market is now trading at its lowest level since February 2018 and is down more than 19% since the beginning of the month. Prices have now fallen by more than 50% from the all-time high reached in mid-November last year of $126-128 per kg in Europe and $130-140 per kg in China. Ferro-vanadium prices in the Chinese and European markets both hit all-time highs last year in part due to an anticipated increase in demand...
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