Monday, March 06, 2023 10:56:21 PM
This is not magic, they have a plan
For years now Mark has said 80/20 or 70/30 debt equity. He missed 70/30 by 2%- pretty damn close. He came very close to hitting the target.
They have said for years that they expected financing in tranches. They had plans for what to do with each tranche as they came in.
We have an $85 million tranche from Yorkville that is available now. We can start site prep, test drilling, finalizing engineering, and ordering long lead time items.
The GX/NIO merger should be complete within a month or two. That will be a $285 million tranche. That should get them through every thing that needs to be done this year.
It should take 6-9 months to get the EXIM loan. That is the final tranche. It will allow them to complete the project. It should be available before the GX tranche runs out.
For years now Mark has said 80/20 or 70/30 debt equity. He missed 70/30 by 2%- pretty damn close. He came very close to hitting the target.
They have said for years that they expected financing in tranches. They had plans for what to do with each tranche as they came in.
We have an $85 million tranche from Yorkville that is available now. We can start site prep, test drilling, finalizing engineering, and ordering long lead time items.
The GX/NIO merger should be complete within a month or two. That will be a $285 million tranche. That should get them through every thing that needs to be done this year.
It should take 6-9 months to get the EXIM loan. That is the final tranche. It will allow them to complete the project. It should be available before the GX tranche runs out.
Recent NB News
- Nebraska Passes Law Giving NioCorp More Flexibility in Achieving State Tax Incentives • ACCESS Newswire • 04/20/2026 11:00:00 AM
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- NioCorp Reaches Non-Binding Agreement with Traxys North America for Potential Purchase of All of NioCorp's Remaining Planned Products • ACCESS Newswire • 04/09/2026 11:00:00 AM
- NioCorp Reports Voting Results from Its 2025 Annual General Meeting • ACCESS Newswire • 04/06/2026 08:25:00 PM
- The $30B Catalyst Reshaping America's Mineral Supply • GlobeNewswire Inc. • 03/19/2026 03:00:00 PM
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- Congressman Adrian Smith Starts Dig of NioCorp's Elk Creek Project Mine Portal • ACCESS Newswire • 03/04/2026 01:15:00 PM
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- NioCorp Reports Final Assay Results From the Department of War-Funded Elk Creek Drilling Campaign • ACCESS Newswire • 01/12/2026 12:00:00 PM
- NioCorp Provides Preliminary Unaudited Financial Results for the Three- and Six-Month Periods Ended December 31, 2025 • ACCESS Newswire • 01/12/2026 11:00:00 AM
- NioCorp to Begin Construction of Mine Portal at Its Elk Creek Critical Minerals Project • ACCESS Newswire • 12/22/2025 09:35:00 PM
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- NioCorp Acquires Scandium Alloy Assets to Support Potential First-Ever Vertically Integrated U.S. Scandium Mine-to-Markets Supply Chain • ACCESS Newswire • 12/04/2025 10:02:00 PM
- U.S. Senator Pete Ricketts to Attend NioCorp Developments Dec. 5 Town Hall Event • ACCESS Newswire • 11/25/2025 05:35:00 PM
- Scandium’s Moment: From Industrial Curiosity to Defense Game-Changer • AllPennyStocks.com • 11/25/2025 12:00:00 PM
- U.S. rare earth stocks dip as China plans to ease export restrictions • IH Market News • 11/03/2025 02:45:25 PM
- U.S. Rare Earth Miners Rally as Trump Reignites Trade Tensions with China • IH Market News • 10/13/2025 10:36:48 AM
