Replies to post #84998 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

Hi SpecialK,

I’m not too worried about SPAC participation as long as the pilot plant results come in as expected. The market needs for the mines products are there, especially with magnetic REEs. Like most SPACs the participation rate will most likely come down to valuation/valuation credibility. The current mine EDIT numbers look great, but uses over $3K/kg for Scandium. The Scandium market is still a wildcard, so that price per kg may be met with some skepticism. The addition of magnetic REEs significantly reduces the criticality of the Scandium market developing. When I plug in the anticipated additional revenue from REEs, NioCorp only needs around $1K/kg to maintain the same level of margin as with Scandium at $3K/kg.

Of course, a partnership with an auto manufacturer or steel producer could also be a game changer for participation rate.

[wagner]

Even this tech bubble made a market cap of 130 sh x 9 $ around 1 Billion....

Imagine a company with value and growing earnings.

China, Russia will get supplier in future??
I don't think that 2023 2024 2026 we will see democrats there

[Middleborder]

Special K2020; I think that they expect redemptions to occur and appear to have up to an $81 million in additional financing. Would cover about 28% redemption by GXII shareholders. (If I understand this correctly!)

FREQUENTLY ASKED QUESTIONS
ABOUT THE PROPOSED NIOCORP – GXII BUSINESS COMBINATION

"Provide NioCorp with up to $285 million in net cash proceeds at the consummation of the
Transaction, depending upon GXII share redemptions, and up to an additional $81 million over
the next three years, depending on the consummation of other additional financing
Frequently Asked Questions About The
Proposed NioCorp – GXII Business Combination
3
arrangements that NioCorp and GXII intend to pursue prior to and following the expected closing
of the proposed Transaction."

In the current economic environment I think that an investment in a US Based mine that reflects ESG principles and whose product consists of commodities...alloy metals and REES...is probably a good deal more attractive ti GXII investors than a media company. Just have to let it play out!