Niocorp Developments Ltd (QX) (NIOBF) News

I paid total of $360,000 for my 1st million warrants, it has been dead money as it had no market trading it. That why I said $360,000 in red mathematically.

As I add more cheaper warrants, my average costs would decrease from $0.36 and down. Should ExIm loan is approved, my dream is to make some money before any exercising of warrants.

How are we in a pickle? Stocks go up and stocks go down. Everything is still in play and nothing has been ruled out with the exception of the original SPAC money.

Did the expired warrants trade openly or were they part of private placements? Th isn't buying Niocorp (NB) stock. He's buying Niocorp warrants (NIOBW) that trade on their own, and he is free to sell them at any price he chooses. There is no need to reach a strike price to sell a warrant that trades on the open market. NB stock can go down and he could still double his money overnight. I hope he does. Judging by the level of his claimed investments, I'd guess he's probably averaged down substantially and may not even need a tremendous amount of movement to break even. Might be the smartest guy in the room. We'll see.

I'm not elated with the current state of things, but I'm also nowhere near calling this dead. I think the EXIM conundrum has been mentioned here a few times. The SPAC sucked and the move to NASDAQ didn't deliver anticipated results. I think that's been mentioned a time or two as well. Probably happens more often than not. Nothing since then is off the table to my knowledge. I've pretty much written off my warrants and they may yet serve as a tax loss this year.

I'm still averaging down on NB. Saying that, I appreciate all the opinions and concern here about everyone's investing philosophies. Truly. It's charming, almost sweet. A little more caring and this won't be the most miserable board on iHub.

Your right. Walter suggestively inferred th would do well on buying warrants as there are 3.5 years left to exercise them. Personally, since we don’t know when the NB share price will exceed $10 to justify exercising them, the warrants still hold value and will fluctuate in price on news just like NB shares and th probably trades them just like NB shares. Th is smarter than he gets credit for or at least it appears that way.

The majority of Niocorp warrants have historically expired because the share price falls below the strike price. Niocorp would need to rise 500% to hope the strike price. Mark and his team of morons have managed to really screw us retail investors with the failed GXII deal and now we are in a hell of a pickle with EXIM not loaning us any money because management failed to due the proper due diligence of drilling the resource for proven reserves. Niocorp management are the stooges of the mini g world. I just wish I had figured it out before this past year

Well I’m not sure how you came to that conclusion because in post 114278 th said ….

Mathematically I am $360,000 in red on NIOBW.

Walter’s comment referred to th making money on the project not SPAC Warrants.

Quite frankly I’m not sure why you even replied to my post if that’s all you were referring to.

But because we are both a bit confused on the topic perhaps we can start again another day when confusion isn’t the strong point.

Good post, caught me being glib.

Appreciate the reply but my post had only to do with th’s warrants.

That’s my point too. He owns or appears to own the warrant market. Exercising them was not my point.

NB doesn't need to go anywhere and he doesn't need to wait 3.5 years. His investment is in NIOBW warrants, not $10.28 shares of NB ($11.50 for 1.11829212 shares). He could sell the warrants if/when they double in price over his average cost per warrant. At his numbers, even 10% over his average would be a nice chunk of change, and by averaging down, that's not necessarily out of the question if something happens in the near future.

For him to double the return on his investment in 3.5 years, NB needs to go up around 13 times the current price.

The strike price (a little over $10 if I remember correctly?) is by far the biggest factor, not the price paid for the warrants. People buying warrants 6 months ago will spend around $10.50 per share overall (the strike price plus the cost of a warrant) while people buying warrants today will spend around $10.10 and that's less than a 4% difference.

For him to double the return on his investment in 3.5 years, NB needs to go up around 13 times the current price.

So did they. Google research is amazing. EOM

Other factors aside, th probably will make a lot of money on warrants, because he is buying them so cheap.

Just like you and Mark Smith did on LWLG and Largo?

The Board of Directors should have fired Mark Smith when he went to Largo as a conflict of interest.

Instead because he is so generous, he loaned NioCorp money from his winnings and made 10% for the next 10 years and he got rid of the BOD complainers to shut them up.
And now look at the quality of the ones we have left. They own more shares than he owns

Class acts.
Put that in your book

you are going to make a lot of money here as you did on LWLG.

Good question. Thanks for sharing.

High volume today, looks like a bunch sold at 10 cents. Good luck to you sir.

You could say I am stuck, but my recent buying of warrants at around $0.10 give me some room to work in case ExIm loan is approved.

The costs of my warrants were paid from profits generated from LWLG, so financially I am not hurting much. Mathematically I am $360,000 in red on NIOBW.

Question to Jim Sims

Jim,

Does the funding from a FY24 DoD appropriations bill have to occur before FY25 (1 October 2024)?

Dan

Wed, Jul 31 at 11:21 AM

Optimally, which is what we are in DC today pushing for I (it). But the funding does not go away at the end of the government’s FY.



Jim Sims

Chief Communications Officer

NioCorp Developments LTD

+1 (303) 503-6203

Jim.Sims@NioCorp.com

https://www.NioCorp.com

Thanks for your feedback on the way Niocorp is managed. Next chapter please!

Why don’t you tell us all about how much you know about being in the Arena?
If he was in the Colosseum in Rome he would’ve been thumbs down dead
If he was president of the United States as Roosevelt was, he would’ve been voted out after four years.
If he was playing tennis in Wimbledon. Etc. etc. etc.

Funny longterm chart
I guess stocktwits uses the Canadian before the Nasdaq start
[url=https://postimg.cc/WtH1kPjL][/url]
We already saw 15 and higher.....

Hope this can be repeated

It’s really sad knowing we need to get to 500% from where we are NOW, to get to the share price we were at before Mark made the deal with Dean “the company killer” Kehler.

If we want NioCorp to succeed the whole fucking team of losers need to be fired 🔥 A.S.A.P!! Hands down mark is the worst ceo in the mining sector!! Mark also has the worst track record in hiring fellow losers help destroy our company. But… Mark does have 1 special gift 🎁 Mark is gifted in making messages board posters kiss his ass 24/7 lol

https://www.trcp.org/2011/01/18/it-is-not-the-critic-who-counts/
Mark A. Smith is “The Man in the Arena”
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”

Have you done any research about what happens to a company's share price when they get an exim loan? Have you found any that have gone up 700%?

I think you own around 10% of these now? I wonder what the price would be without your persistent buying? The market clearly does not believe a 700% increase in 3.5 years is likely. And even an increase that large would only get you a little over 10% profit, correct?

A little more than 3 years 6 months to go expired. My bet is answer would be there one way or other about ExIm loan decisions.

I’m hoping the warrants expire before the share price rises. What’s a couple more years at these levels. The sandbagging a holes need to have some reckoning.

Yes, it was Scooter at the time mergers proposals were announced, mentioned about warrants availability for purchases.

I remembered start buying it before mergers were approved.

Yes, you are right. I mistook your input for Scooters input. My bad.

I am taking advantages of low NIOBW prices lately, who knows if trends continue I won’t stop buying extra warrants.

Should ExIm loan eventually get approved it will turn surprisingly amount of wealth to me. For $0.10 a warrant, it is so irresistible.

I hear ya Putz. I have resolved to accepting the wait. Nothing more I can do. Whether its this team or another, it will get done IMO. Hopefully on this Teams watch (for the sake of time of not starting over) and this year not next.

Sorry AO, normally I enjoy laughing about foibles,
but Mark is one foible after another and is definitely putting you and me in a double jeopardy situation with a first FS Many Years ago without the mention of REE’s and 300,000,000 share dilution waiting for imminent financing, then suddenly REE’s are everything, Boom SPAC AND 1/10 reverse split.
Share price drops to 10 year lows even with all that dilution 1/10 reversed. .
And now crooks own the shares stolen from us.

But let’s give ourselves a raise and more free shares for a job well done.
Sheeeesh, where does this shit stop?

Maybe it Stops after we install the freight train to bring our many gems to the surface in 5 years. LoL.
Because they sure are slow balling the feasibility study and the commercial scale plant results that were due in several weeks more than two years ago.
***********

Your pushing your luck Mark A Smith.

TH- How about those 'Clearance Sale' NIOBW warrants! add them to your pile of 2 million warrants and you
will have enough to buy a happy meal w/ super sized fries!

Gawd help us all! Is Mr. Smith back from Washington? probly vacationing with the family while Rome Burns! ughhhh

Your right. Good try but no cigar.

😀

“Over 18 months ago”

However just remember for years and years the Nioturd Cult Pump Crew sucked in investors.

Oh never mind, YOU already know, you were right there with them.

Close but different guy...
Mark Smith, an environmental scientist from Salem, Ohio
https://j-archive.com/showgame.php?game_id=6220

I guess we will Aliens make a buyout over before Mark will send us to the moon....

:)

TT's right. MS appeared as Season 35 player (2019-02-15).

https://j-archive.com/showplayer.php?player_id=12530

In jeopardy eom.

Soooooooooooo, where do you feel this placed Mark Smith?

10 Reasons Why Boards Fire Their CEOs

Boards of directors, responsible for overseeing the company's well-being, decide to replace CEOs when certain factors come into play.

Here are ten common reasons why boards terminate CEOs:

Poor Performance: The CEO's primary responsibility is to drive the company's success, and consistently failing to meet financial or strategic goals is a red flag for boards. Missing earnings targets, stagnant market share, or a declining stock price are all indicators of poor performance that can lead to a CEO's replacement.
Loss of Confidence: Boards rely on the CEO's leadership, judgment, and ability to make sound decisions. If the board loses confidence in the CEO's capabilities, it can lead to a swift termination. This loss of trust can stem from various factors, such as poor decisions, a lack of transparency, or an inability to articulate a clear vision for the company's future.
Ethical Misconduct: CEOs are held to the highest ethical standards, and violating these standards can have severe consequences. Acts of fraud, embezzlement, sexual harassment, or other forms of misconduct can irreparably damage the company's reputation and legal standing, leading to the CEO's immediate removal.
Failure to Adapt to Change: The business landscape constantly evolves, and CEOs must be agile enough to adapt to new trends, technologies, and market shifts. Suppose a CEO is stuck in the past, unable to embrace innovation or respond to changing customer needs. In that case, they may be perceived as an obstacle to progress and ultimately lose their position.
Inability to Build a Strong Team: A CEO's success is primarily defined by the quality of the team they assemble. Surrounding themselves with talented, motivated, and capable individuals is crucial for effective leadership. If a CEO struggles to attract, retain, or inspire top talent, it reflects poorly on their leadership skills and can ultimately lead to their termination.
Disregarding Customer Needs: Customers are the lifeblood of any business, and their satisfaction is paramount. CEOs must prioritize understanding and addressing customer needs and concerns. Suppose a CEO ignores customer feedback, fails to resolve their complaints, or allows customer service to deteriorate. In that case, it can lead to declining sales, customer loyalty, and, ultimately, the CEO's job.
Micromanaging Employees: Micromanagement, characterized by excessive control and oversight, can stifle creativity, demotivate employees, and create a toxic work environment. CEOs who micromanage their teams may experience high turnover, low morale, and poor performance, which could lead to their termination.
Lack of Communication: Clear and effective communication is essential for any leader. CEOs must articulate their vision, provide guidance, and foster open dialogue with employees, shareholders, and the public. If a CEO fails to communicate effectively, it can lead to confusion, mistrust, and a lack of alignment within the organization, potentially leading to their termination.
Neglecting Succession Planning: Every CEO should have a well-defined succession plan to ensure a smooth transition if they cannot continue. This plan should identify and prepare potential successors, providing continuity of leadership and preventing disruptions to the company's operations.
Personal Conflicts of Interest: CEOs are expected to uphold the highest ethical standards and act solely in the company's and its shareholders' best interests. Suppose a CEO engages in personal conflicts of interest, such as using company resources for personal gain or pursuing business ventures that compete with the company. In that case, it can severely damage the company's reputation and lead to termination.

The chatter will turn to, as you have stated: summer vacations, slow movin gubment, end of the year tax sales, annual meeting to be held December 35th, ... , next year's additional drilling results (yeah right...hahahaha), newly elected gubment dudes who have to bring themselves up to speed to get on the fence,..yada yada, more cries from those who say, " well just sell your shares if you can't wait..", wth????????????????????????????????

meanwhile everyone seems to be completely fed up with the way we just wait and wait, not ever really knowing what's next (as it hardly ever comes to fruition)...... and the beat goes on....... summer now....... lots of people on vacation and not much shit gets done in summer, ever notice that?? s'pecially in the gub'ment!! stuck in quick sand and pushing papers....... same 'ol crap...

hmmm........ good job NB manglement....

Post # 114247

Hi AO, anything else to contribute?

If 60% of this expensive loan is to be paid back with funds from the loan itself plus dilutive private placements, I think that is worth discussing. We were told almost 2 months ago that there was nine months of work to do, once funds were available, to satisfy exims due diligence needs.

This agreement was clearly meant to signal that something was coming by the end of May. Mark's continued inability to raise funds needs to be a topic of discussion.

And I do believe they will find a way to make this payment.

Blah blah for the last 8-10 years or more. There has been a lot competitive tension when? We were imminent when? The only sense you have is that this is a sure thing and that is completely foolish. This might happen. It might not and its not looking all that great. What version of the plan are they working after plans ABCD failed? Anyone invested pre-spac might as well hold on being this far into the red unless tax loss harvesting (no please). Unless they bought REALLY early most everyone is deep blood red excluding those that sold bumps to de-risk (buzzword).

They can surely pay. All they need to do is dilute. They can pay salaries also. All they need to do is dilute. PPs as long as there are buyers of course. They can tread water for a long time. They may have a plan but its the current plan after many plans. If a big NR hits with some real news that would be wonderful. The last year of NRs have been mostly water treading dilution.

Im sorry Im such a cynical prick but I have to live in reality.

1.4M payment... why bother even discussing. NioCorp hasn't missed a payment, and won't.
It is clear to me, that no one who posts on here has any really has a sense for Nio's ability to pay or not pay.
Nio is working a plan, meanwhile working the financing. Blah, blah.

Correct. 34 days till next 1.4M payment due unless something else changes the terms.

Agreed, Then one can assume all payments have been made that have needed to be made. Nothing is owing until September 1st.
Unless as per the news release other amendments have been made.