Niocorp Developments Ltd (NB)

[chico237]

As I read the numerous posts covering the pluses and minuses of this "DEAL". ~The Deal is "done".~ & I had to sleep on it before offering any comment.

"I too am disappointed in what the GXII Deal brought to the table in terms of only $15M Cash & the two new board members with "ZERO?" mining experience", Yet the NASDAQ listing should in time be more fruitful as others describe. ~ONLY IF team NIOCORP executes the rest of the (A,B,C,D, E.... options that are still on the table. ~
NOTE: "I think they WILL!...

I was VERY HAPPY WITH JIMS Responses to questions asked on 3/13/2023.
Jim-
A) Could you offer comment on What Scope 3 emissions mean for the Elk Creek mine moving forward into production & to the end users utilizing the products being processed at the mine? & Would Niocorp's Scope 3 Carbon Emission Reductions qualify for/as "Carbon Credits" in the context above? Could/Does Niocorp's "Carbon Friendly GHG/ESG" mining processes & work scope qualify for- INNOVATIVE CLEAN ENERGY LOAN GUARANTEES | Department of Energy?
Response:

We have made an internal estimate of the benefits of our planned products at a Scope 3 emissions level. However, the definition and applicability of Scope 3 emissions must eventually be determined by government regulators, and the SEC is examining many aspects of this issue now. At present and in general, carbon credits are created by mitigation measures taken at the Scope 1 emissions level, although there are several different approaches being examined across the U.S. As to DOE programs, I am not allowed to comment on that at this time.

(This response implies to me that Niocorps Scope 3 ~(5 to 1)~ Carbon offset "May" have some benefits in the future i.e. Tax or Carbon Credits & in addition the DoE (U.S. Dept. of Energy may also be in play?)


B) Is/Could an "ANCHOR" Investor/s still have interest in the Elk Creek Project? Comment If you can... (A,B,C,D.... as all options are on the table.)
Response:

Yes.

(This response tells me that one or several entities (From OEMS to Steel) are perhaps "Interested in What Niocorp will produce & the possible Synergies." Could a NASDAQ up-listing along with DEMO results & New F.S. make that an easier possibility? "I would think so!") & ALL OPTIONS ARE STILL ON THE TABLE!!!

C) (Follow up) - Is Niocorp still engaged with "Several Federal Agencies" other than the EXIM Bank as sources for "Debt" or Off-take agreements? Comment if you can...
Response:

Yes, multiple federal agencies, elected officials in the Congress, and the WH.

(This tells me that AS OF MARCH 13th, 2023 -The EXIM BANK application MAY NOT be the only APPLICATION or SOURCE for "DEBT" moving forward. NIOCORP is STILL ENGAGED with SEVERAL FEDERAL AGENCIES, CONGRESS & WHITE HOUSE OFFICIALS/ & STAFF! The DoE/LPO, EXIM BANK, DoE office of Carbon Management, SEC, DOD, Pentagon, AMES laboratory & a few others list here!..)

Form Your own opinions & conclusions above!
IMHO:
In Summation: NIOCORP is LEANER, MEANER & LISTING ON THE NASDAQ. It has enough CASH in hand to START a couple of KEY Critical Path ITEMS & is No-Doubt working to complete the remaining Finance via (A,B,C,D... all options on the table above!)
a) DEMO results pending on the new patent pending process! COULD ADD Viable REE's & Increase Recoveries of Niobium & Titanium! PLUS NEW OXIDES!!!!
b) New 2023 F.S. independently verifying all results & "MARKET COMPLIANT!"
c) LOCK IN "DEBT" portion of Finance via EXIM BANK, DoE/LPO or any other (A,B,C....option above.) Around $800 MILLION appears to be the NUMBER NIOCORP NEEDS.
d) German Loan Guarantee is still on the table @ $200MILLION
All & ALL not too shabby! Waiting for Material News As it becomes available.... "Perhaps an Investor UPDATE too!!!???"
HAPPY ST. PATRICKS DAY TO ALL!!!

Chico