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NioCorp Developments Ltd

NioCorp Developments Ltd (NB)

1.735
-0.015
( -0.86% )
Updated: 09:39:42

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dutchfree dutchfree 1 hour ago
Thanks for your support! Positive Oxygen and this mine is needed ..
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chico237 chico237 3 hours ago
Hey NorCal! It’s all up to Niocorp to deliver now…. I have no accolades or prescient information to share.
Niocorp has stated on several occasions when questioned that - numerous government & private entities have been interested and that often they cannot comment until they can with material news.
It is 2024 or Bust time. Given all the info I have shared …. I remain Hopeful & speculate they can get this project built.
That being said …. My nuts are just as sore NorCal.
2024 or Bust!
Chico
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NorCalTommy NorCalTommy 11 hours ago
In the immortal words of TH- "Can't win all the times" ........ very reassuring for shareholders who have waited a long time to see this thing floating at .17 (seventeen cents pre split).... Hard to Believe....... I still believe we have a Ferarri but not a sports car driver..... they seem to be afraid or unable to open the ferarri over 5 miles per hour........
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NorCalTommy NorCalTommy 13 hours ago
gosh TH we are hoping and praying for you.... we sure hope you make another million would thrill all of us to see you succeed wildly after all of your posts about how much money you are making and minute by minute trades..... Can't win em all says TH........ gotta love this guy....... NOT
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th6565 th6565 13 hours ago
Can’t win all the times. Besides still 3 years and 7 months to go for NIOBW, who knows I might comes out winner.
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LCP77 LCP77 13 hours ago
Reach out to Walnuts. The amazing destroyer of wealth to feed his ego at any cost.
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LCP77 LCP77 14 hours ago
Well you have exactly zero chance of mining finance money to help your investment from going bankrupt. All you can hope and pray for is that seriously dumb money from the government can save your fortunes. The government has financed a bridge to nowhere, so it is possible. They can be very stupid. But the $1.5 billionish needed is tall order. That money could be spread around for so much more benefit. Plus, who would ever give $800,000,000 without knowing where the next $500,000,000 to $700,000,000 is coming from??? Nobody with a brain. Stick a fork in it. This chick is done.
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LCP77 LCP77 14 hours ago
My mistake if so. I thought he credited you for flagging the WT’s existance. Not that you suggested them. If I recall you had a decent pass on them. Well done.
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DakotaBoy DakotaBoy 14 hours ago
For heaven sakes , stop the bleeding
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DakotaBoy DakotaBoy 14 hours ago
For heaven sakes , stop the bleeding
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monocle monocle 14 hours ago
I think you have me confused with somebody else, I did not introduce TH to the warrants and I'm not sure what you think I repeatedly said.
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LCP77 LCP77 15 hours ago
God, how TH6565 was grateful to Walter for introducing NB and grateful to you for pointing out NIOBW then dumped $400k+ into it is very sad. He totally misread what you repeatedly said. Oh well. He’s rich and old enough to not need much more money. That money could have gone to philanthropy to polish his legacy. What a shame. LCP tried in vain to protect the elder gentleman.
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Truth and Transparency Truth and Transparency 15 hours ago
Trading at 17 cents pre reverse split!!! Mark Smith has to be the worst mining CEO in the world. Enough is enough!
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NorCalTommy NorCalTommy 15 hours ago
Calling CHICO!! come in come in Rambo!! are you still with us.......(radio crackling noise... crakkkkkkkkkkkkkkkkkkkkkkkkkkkkkkle........Lima echo november radio check .... come in.... come in.) WE DEFINITELY need a big fat positive CHICO DATA DUMP (in the absence of any updates coming out of Centennial)..... WE NEED your voice of logic & reason to talk people down from the edge of the Golden Gate Bridge cuz people have seen their investment SP trajectory swirling down the toilet like a 3 Bean burrito 3- flusher dump.....ewwww.... the image itself is highly disturbing....... much like the share price of NB....... this stock is THE MOST FRUSTRATING THING I'VE EVER SEEN........ our leadership seems to be going in circles and chasing their tails..... it seems like we were closer to closing financing 3 years ago (or 2 Feasability Studies ago), during the memorable 'summer of imminent financing tension'......... and then BOOOM, everything dried up.... WTF... what gives! DAMN

Is there any pick up in optimism with a possible new administration in the WH??? Trump did seem very committed to creating supply lines and reserves for CE/REE's in that emergency declaration type document that monacle ( i think it was) distributed a few days ago.... would you mind circulating that doc again please!? it might give the troops a morale boost! badly needed at this point - no doubt!!

And where the Fluck is Skiluk and MaxZ?? probably jet setting around the world doing financial seminars on the 'Many Merits of SPAC's' .............. and if Skiluk taught us anything it is that- 'Sometimes it's skill, sometimes it's Luck and sometimes it's just good 'ol GX junk bond equivalent SPACle snake oil!! Be careful!! oh, shoot..... too late!!! Dang!!

NCT- caught in the NB nut grinder, and almost ready to tap out..........
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monocle monocle 17 hours ago
News, or the lack of it, matters. Another new low for niobw, now down 87% since they were issued in March 2023.

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wagner wagner 18 hours ago
72 Mio $ market capitalisation is already a joke....
The whole engeering work of the years is more invested....


.crazy situation
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PutzMueler PutzMueler 19 hours ago
Don’t give up on our 17 cent pre-spac-Gem.
Wishful thinking will send it lower, don’t worry. Mark has put 12 years of hard labour into NioCorp. It takes a lot of effort to do what he hasn’t done.

If everyone else thinks Mark is king who are we to argue?

Closing price matters.
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wagner wagner 20 hours ago
Funny, even the bad and worst crypto investment is performing green for me against Mr Smith Company

Come on.....
We know persons are reading here


Have a nice day
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NEgoodlife NEgoodlife 22 hours ago
Agree. Tax loss harvesting could be ugly here if nothing happens over the 3 months.
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Demolition Man Demolition Man 22 hours ago
Hmmm, I’m not trying to argue. I’m talking about certain things like the big town hall where hundreds of locals could do a Q &A in person with Mark and team like they did over 7+ years ago. I just want to focus on the last big TV interview, news podcast or any podcast, local or national radio programs that mark has participated in?? How about utilizing our free social media presence how’s that working for us?? How about “any” local or National news articles thats relevant to NioCorp the last 2-3 years?? I’m asking because maybe I’m missing something??
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PutzMueler PutzMueler 23 hours ago
It just seems like it.

We get a pr about extinguishing the 16m debenture debt and a positive spin looking forward to achieving financing for construction, but there seems to be some comments missing like what we need to do before that can happen.

LIKE DRILLING AND ENGINEERING for the FEASIBILITY STUDY PROGRESS. not to mention, the Formal Outcome of our minerals commercial scale plant results. Scandium aluminum alloy, titanium tetrachloride( ticl4 ) offtakes etc.

Oh, and I almost forgot, reengineering our entire mine plan for RailVeyor

This is why we are still sitting at $1.84

It’s obvious nobody gave a shit about the debenture being extinguish

sheeeesh
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Prudent Capitalist Prudent Capitalist 23 hours ago
Where are you coming up with this suggestion that we have not heard from the CEO in 1,000+days? He presided over multiple Town Halls in Nebraska around 600 days ago in November of 2022, as well as an event with the Governor of Nebraska the same day in SE Nebraska. And, he did the investor webinar in connection with the annual AGM earlier this year, as well as the webinar on the new railveyor technology earlier this summer. We all want more news and communication, but to post that "we've heard zilch from the CEO in 1,000+ days and counting" is simply not accurate,
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Demolition Man Demolition Man 23 hours ago
To say time is of the essence is an understatement for NioCorp. Serious question, In the last 2-3 years where has our CEO mark smith been??? How often do we even hear directly from our CEO?? Mark used to do media events but not anymore. Why does our ceo not do tv interviews, zero town halls, zero radio shows, zero podcasts, live social media Q&A events ect… I cannot remember the last important news magazine article mark has done??? Is mark actually still running NioCorp?? I believe at the Belgium meeting mark was chastised by the GXII tall man and that was the last we heard about mark smith. Was mark secretly fired or told his services are no longer needed but can be a figure head at NioCorp?? Others on this board don’t find it odd we’ve heard zilch from our CEO in basically a 1.000+ days and counting??? Remember, Mark was on Fox News “twice” or how about those paid for by Niocorp round table PR’s? I actually liked those and thought they were well done( please, don’t respond with NioCorp has no money) these ads do not cost much and Mark and team can use own salaries to pay for this themselves. How come when anything rare earth or critical minerals related comes up NioCorp is nowhere to be found in the news?? I cannot be the only one on this board that finds this strange or odd?? If anyone can help answer these questions thank you.
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PutzMueler PutzMueler 23 hours ago
And a $.10 difference between the bid and the ask.
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wagner wagner 24 hours ago
Volume is getting more and more thin,
we will see what in the cards soon...
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monocle monocle 1 day ago
They still owe 5.2 million to Yorkville and Lind from the loan in April. I'm also very curious to see what is next, they have about a month to come up with the next 1.4 million payment. I imagine they have other bills due as well.
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wagner wagner 1 day ago
I think we saw the end of the bad deals....

If not only a joint venture or sale could bring money into the investors pockets..


So far Yorkville is satisfied

Who or what is next



?

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ColdDarkHole ColdDarkHole 1 day ago
Nobody plans to be this unsuccessful. Its just really sucks to suck after talking a big game. They still get a sweet paycheck though. Might pull a rabbit out from somewhere though. Maybe a gerbil.
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monocle monocle 1 day ago
They said they extinguished the debt, they did not say they ended the arrangement with Yorkville. But I don't think they will go that route regardless and with the share price well below the floor of the original agreement, I doubt they could get much of an advance at this point anyway.

I don't believe they have any debt possibilities at this point beyond the EMP loan. If that doesn't come through, it will be debentures or private placements like it always has been imo.

I have a hard time understanding your belief that Mark has just been unlucky for all these years. 3 years ago after they announced the original $200 million shelf offering, Mark said they already had tremendous interest from institutions. Apart from 1% going to kingdon capital a year and a half later, nothing came of it. What part of that is bad luck? It sounds like disingenuous salesmanship to me.
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DakotaBoy DakotaBoy 1 day ago
Market is at all time highs, we are at all time lows ( juniors in general). Let get this going before the whole market crashes and/or tax loss season. Let’s go !!!
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jeunke22 jeunke22 1 day ago
I don’t think you can plan to be that unsuccessful. This feels like really bad luck. I remain optimistic. The fact that we got rid of a highly dilutive arrangement with Yorkville and did not take up the complete 61 million sounds pretty good to me. Surely other (debt) arrangements must be available to decide to part Yorkville.
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Demolition Man Demolition Man 1 day ago
Thanks for the feedback info Putz! Have a good night.
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LCP77 LCP77 2 days ago
Okay dude. They can use that! Just post bids enough to pull it off. You’ll be giving wallstreet a riskless 10% return. Got an extra $10,000,000 to make stuff happen?
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monocle monocle 2 days ago
That's a big one, how could I forget to mention that??
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LCP77 LCP77 2 days ago
And $4,000,000 plus plus went to get Mark Smith’s loan skin out of the game. All of it from hitting bids from retailers that sucked the tail pipe.
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PutzMueler PutzMueler 2 days ago
Because of Dilution and warrants, I suppose.
Debt is better, especially after the destructive SPAC
If we get that gov cheque with adding that debt, to our EXIM loan debt, that is preferrable, imo

*****************

Silly me, for not paying attention to a rule of thumb I understand and expect. On June 27 we met $1.84 as resistance.
The rule to be followed is once resistance is broken, it becomes support and many times will return to Test! (testing, testing)
I guess we will find out tomorrow! haha

3 month line or mountain chart @ $1.84
https://money.tmx.com/advanced-chart/NB?chartSymbol=NB%3AUS

It's almost always about the close, jmo
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Demolition Man Demolition Man 2 days ago
Question, If we have access to $65 million why have they not used this to complete the newest feasibility study?? Are we not waiting to get funds to complete this study?
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monocle monocle 2 days ago
I guess that's possible, but I have a hard time mustering any optimism given Mark's track record here. The man has been trying to raise real money for a loooooooong time.
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ge11 ge11 2 days ago
monocle,

Could it be that something is suppose to transpire about now, or close to the August 1st payment? Anyone??
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monocle monocle 2 days ago
No clue, but it's a good thing they have the extra time.

As time goes on, this deal overall makes less and less sense.
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ge11 ge11 2 days ago
monocle

This was set up with no payment on August 1st, do you know why? Anyone??
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PutzMueler PutzMueler 2 days ago
I meant they still have access to the 65 million to use it if they want to. And with the speed of our financing endeavour I have no doubt Mark Smith is rubbing his hands together over it.

Demolition Man will be happy to know, we exited our banner/triangle, and the only saving grace I can see, is we landed squarely on support @ $1.84 which was the shocker opening price a couple of weeks ago, gapping at the opening down 11 cents, with a subsequent rebound the same day.

Banner gone but possible Bull Flag still available. But we need really green day tomorrow.

https://centerpointsecurities.com/bull-flag-chart-patterns/#:~:text=Among%20the%20various%20technical%20chart,reliable%2C%20consistent%2C%20and%20common.

https://money.tmx.com/advanced-chart/NB?chartSymbol=NB%3AUS
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monocle monocle 2 days ago
No, they never took the 65 million, the shares have already been issued for the small dribs and drabs they did take.

There only outstanding debt is the 5.2 million left from April.
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PutzMueler PutzMueler 2 days ago
So basically they neglected to say they retired the 16 million and will now start working on the 65 million lol
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monocle monocle 2 days ago
They only tapped tiny portions of that 65 million which I guess they still technically have access to. Remember those small, sort of frequent advances last fall and this spring? Around 100k shares at I time iirc?

Key phrase is, "have the right but not the obligation to"
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PutzMueler PutzMueler 2 days ago
My understanding was two types of loans. 16 m and 65 m
Am I reading this wrong?

The financings contemplated by the definitive agreements include (i) up to US$16,000,000 aggregate principal amount of unsecured convertible debentures of NioCorp (the “Convertible Debentures”) convertible into common shares of NioCorp (the “Common Shares”) and Common Share purchase warrants (the “Financing Warrants”) entitling the holders thereof to purchase additional Common Shares (the “Yorkville Convertible Debt Financing”); and (ii) a standby equity purchase facility pursuant to which NioCorp will have the right, but not the obligation, subject to the conditions set out therein, to sell Common Shares to Yorkville with a maximum aggregate value of up to US$65,000,000 over a period of up to 36 months (the “Yorkville Equity Facility Financing”

https://www.niocorp.com/niocorp-announces-finalized-financing-agreements-with-yorkville-advisors-global-lp/
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monocle monocle 2 days ago
The most recent Yorkville loan is still outstanding, 5.2 million still owed. I can see that EXIM would not want an EMP loan for feasibility study purposes used to pay it back.
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monocle monocle 2 days ago
65 million is the max available from the agreement, thankfully they only took 16.

5 million went to pay for the spac merger, the rest went to pay bills (missing filing deadlines cost them a couple of million), overhead, and salaries I guess.
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Rader1977 Rader1977 2 days ago
Payback of the Yorkville loans may have been a contingency of future financing. Outside lenders may prefer a clean balance sheet before they offer up funding.

This is a good thing.
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PutzMueler PutzMueler 2 days ago
Would be Interesting to know what they spent the $65 m and $16 m on.

1/10(rings a bell) of the EXIM Loan, $81 million and nothing to show for it but dilution.
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