Replies to post #105947 on Niocorp Developments Ltd (NB)

[poorchris]

Thanks for sharing Walter.
Chris.

[ecmoney]

Thanks Walt



Ec

[jeunke22]

That’s what I call a very encouraging statement. Something we needed. Thanks Walter for sharing.

[Prudent Capitalist]

Thanks Walter. As has been mentioned many times here on the board recently, Stellantis has clearly indicated/telegraphed they would be entering into both an offtake agreement and making a substantial equity investment in NB.

Current negotiations are proceeding well and, while nothing is certain until final agreements are executed, we look forward to achieving both a rare earth offtake contract as well as agreements related to a significant equity investment in NioCorp by Stellantis.

Thx,

Jim Sims
Chief Communications Officer
NioCorp Developments Ltd.
mailto:[e-mail]
[phone]

[PutzMueler]

I guess now we know where the 45 to 60 days came from.
So the delay is on the Stellantis side, For whatever reason.
They seem to be making a lot of deals right now with miners for batteries So that’s a good thing

Thank you Walter

[stark12]

Thank you, Walter! That is an encouraging response from Jim.

[Demolition Man]

Hey walterc, Thank you for posting this response from management. His response has put me at ease for a bit.

[Benjike]

Thanks Godfather.

[chico237]

Thank-You for sharing Walter!

"we look forward to achieving both a rare earth offtake contract as well as agreements related to a significant equity investment in NioCorp by Stellantis."

"OUCH! THAT'S GONNA HURT!"
Especially IF & WHEN FINANCE IS ACHIEVED T.B.D. of course....

A little fun today! =)
While waiting with many!
For disclosure purposes - "No Shorts were hurt during the creation of this meme!"
Chico

[tedro84]

In other words there isn’t any competitive tension for potential REE’s.

[ALDRADJKD123]

“ The only element of our current agreement with Stellantis that expired was a 60-day exclusivity period during which NioCorp agreed not to execute a rare earth offtake agreement with any party other than Stellantis. Both parties agreed to allow that exclusivity period to expire given the positive progress that was being made toward final agreements. Current negotiations are proceeding well and, while nothing is certain until final agreements are executed, we look forward to achieving both a rare earth offtake contract as well as agreements related to a significant equity investment in NioCorp by Stellantis.”

There is some interesting things in the reply you received.

The 60 day exclusivity was agreed upon by both parties to expire (one would have to question why Stellantis had no issue allowing it to expire). Now Sims claim is because of positive progress being made toward a final agreement (that is kind of contradictory, if Stellantis wants something they had an exclusivity agreement on and they still want it, why would they risk the company peddling those things someplace else). Could it be Stellantis “belly is full” and they no longer are in much need so it does not matter to them if Niocorp peddles whatever to whoever?

The last key part was when Sims said, “nothing is certain” which common sense would dictate that nothing is ever certain.

Sims appears to have said much, but at the end of the day what was really said? Of course Sims said, “We look forward to achieving” of course they are looking forward to, but what does that really say?

And finally, Sims words of “a significant equity investment in NioCorp by Stellantis” would carry much more merit if Stellantis would go on record stating such. Of course NioCorp would be “looking forward to achieving” but that is no indication it’s going to take place.

Looks to me like a lot of forward looking statements were provided by Sims that when disected amount to maybe, possibly or might take place which all are coming from NioCorp and nothing from Stellantis.