NioCorp Developments Ltd (NB) News

World’s biggest mining project to start after 27 years of setbacks and scandals

https://moneynewsglobal.com/business/worlds-biggest-mining-project-to-start-after-27-years-of-setbacks-and-scandals/

Already at #1

Mining/Resources Message Boards

https://investorshub.advfn.com/boards/boards.aspx?cat_id=148

Lifecycle of a mine: a step-by-step guide to mining commodities

https://www.ig.com/uk/news-and-trade-ideas/commodities-news/lifecycle-of-a-mine--a-step-by-step-guide-to-mining-commodities-180530

World’s biggest mining project to start after 27 years of setbacks and scandals

https://www.ft.com/content/80f37963-c718-4f8b-8d77-0f0d5b1c99fe?shareType=nongift

The original press release about the placement did not mention directors and insiders buying like they usually do, so I doubt Mark was the buyer. My guess is Walter.


If there is nothing material going on behind the scenes right now to preclude insiders like Mark from buying...then where the hell can they go from here?


Things have been in a standstill for goodness knows how long while they try to raise a large chunk of money to satisfy exim's needs.

I still don't know what Wagner is talking about.

Maybe that would be too much of a gamble. Where do you think Mark stands now profit wise from his salary and loan interest vs his stock and warrant holdings.

I don’t see it Wagner it doesn’t name him, so are you suggesting he is the only one with a pre-existing relationship?

Monocle
I don’t know why you think it would be bad if it was Mark Smith as the buyer of the private placement. The only bad thing I can think about it being Mark is that he did not buy enough shares to take back the controlling interest for shares in the company.

I did not watch the video but I remember Placer making a huge bid for Bre-X. Anyone can get taken for a ride.

[url=https://postimg.cc/0KySm7mb][/url]

Read yourself

I'm sorry, I don't know what you mean? When I look at that form all I see is that there was one participant in the private placement who is not named.

It would be bad news if Mark was the buyer for this private placement.

No, as usual greedy dumb traders got taken.

Look
Who was seller of warrant
and who is the private person buying for at least holding 4 months...

Might have been the best scam in the history of scams.

How do you know who bought and how much?

The cores were salted with gold that clearly didn't come from the area. I never touch mining stocks.

Yes.

Is this for the PP for 600,000 on June 24th?

Why do you say this was mark?

https://www.sec.gov/Archives/edgar/data/1512228/000194463724000002/xslFormDX01/primary_doc.xml

Again own skin in the game


Hopefully the last for a loooong time

This is the last GX (Dean Kehler, Jay Bloom, and Michael Masseli) merger. How in the hell did Mark Smith get tied up with these scumbags? It’s time for some answers Mark, Jim, and Scott! Happy 4th of July to the longs here, the true patriots!

https://www.macrotrends.net/stocks/charts/CELU/celularity/market-cap

Thanks, I can never get too much knowledge about Bre-X.
That Video of Bre-X you posted was awesome, accurate and very good to see.
That was back when we had the Alberta Stock exchange. And I had about 30 thousand shares I bought at six cents. LoL

But comparing Bre-X to NioCorp is outlandish to say the least.

Those broken Bre--X mine cores were very suspicious.

The thing about Bre-x and Niocorp that connect is they both faked numbers. Bre-x by salting the core for fake assays. Niocorp by using Matheson theory fantasy numbers for scandium values. They differ in that Bre-x was able to suck in the mining finance business. Niocorp’s efforts at faking numbers never suckered in mining finance money. Not a buck. They don’t even try. Never go to PDAC etc.

Some day off listening:

Hey thanks. Thats about the 5th time that's been posted since novemeber of 2023. We might be 0.5% green today tho. That should make ya happy. 🤷‍♂️

And yet another 4th of July is upon us..... with STILL no FIREWORKS from NIO-ville..... another dud firecracker... but i'll bet our management team isn't missing any family vacations or BBQ's regardless of any progress (or lack thereof) with our mining 'Project'...
Hell, we don't even know where the money is coming from to do the extra drilling and Eng. tasks- in order to just fulfill the application process........ Do we need shareholders to start a freakin' 'Go Fund Me' page?? or should everyone check under the cushions of their couch at home to see if you can cough up some spare change ?? or can we implore upon the GX Sharks to pony up some short-term low interest funding in order to keep the NB ball moving? lord knows that the GX SPAC sharks have been greatly enriched (potentially), actually even GREATER than any other shareholders by the failed SPAC, you would think that them might want to show a little contrition and help us out... but it seems like that is not in the cards.... at the end of the day it's all about getting as big a piece of the pie as possible without regard to the shareholders who have gone thru a great deal of ups and downs with this company....... some folks are shameless...... in the words of the inimitable Gordon Gekko.. "Greed is Good" as he lectures Buddy from the beach at sunrise..... Enjoy the 4th shareholders! cuz you know the mgmt. team and SPAC sharks sure will!!!

And the Beat goes on and on and on and on.... blah blah blah blah blah..... AND YADDDDDDDDDA!!!

https://www.exim.gov/policies/exim-bank-and-environment/pending-transactions

Well, you and the rest of us should be terrified because bankruptcy is what mark smith does. Unfortunately, this time around if he does the mark smith shuffle
( leave the sinking ship and fucks over investors like the coward he is) he will spend retirement life in court rooms dealing with lawsuits....I see this loser changing his name and moving back to Canada far away from the investors he fleeced.

...Or maybe mark and jim could purchase a cheap house in Elk Creek. I am sure the locals would love to have them as new residents lol….

This is all you need to know about Mark Smith:

https://www.reuters.com/article/legal/government/molycorp-ceo-quits-amid-sec-investigation-idUSL4N09L65R/

I hope we do not see any class actions lawsuits like this against our team of seasoned veterans. But I cannot speak for others on this board who are upset with all the missed deadlines and misleading statements from NioCorp...Like the message board homers always tell us about this team...."This is not their first rodeo" Holy shit!! How bad of a job did this group of losers do at their first rodeo? LMFAO haha.

https://www.kmllp.com/siteFiles/matters/notice_final_2017_3_17.pdf

president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United States Securities and Exchange Commission (SEC).
https://www.mining.com/molycorp-shares-dive-as-ceo-quits-and-firm-faces-investigation-33993/

“Mr Smith's departure is tied to Molycorp's recent weaker-than-expected performance, driven in part by falling rare earth oxide price, but also by disappointing operating results, unexpected additional capital expenditures and aggressive acquisitions,” he was quoted saying in an investor note.

Silver lining though…Look how much money this team made during the critical Covid years when every business took pay cuts just to survive…
YA, you are right message board homers this NioCorp team does have our best interest at heart…

Have fun team NioCorp telling a jury that a massive pay raise was needed and earned with zero revenue and a -80% drop in our share price….Jury’s really have a soft spot for greedy executives who only look out for themselves.

https://www1.salary.com/NIOCORP-DEVELOPMENTS-LTD-Executive-Salaries.html

Have a great 4th of July Holiday people :)

315,000 units at $1.91 = that.

Payment, what else could the 600k have been for?

According to yesterday's form D, the exact amount was a weirdly specific $601,650 lol I guess they knew exactly how short they were.

U are definitely wrong on that

I am still hopeful. only bankruptcy filing scares me.

Yup. A great dump of turd emogies from peeps who have had devastating losses. How’s that working out for you?

You got fleeced. This chick is toast. EXIM doesn’t even have a total project cost number. They will be as gone as Stellantis is in no time. The fact that zero mining money ever invested in this deal should speak volumes. Just a pathetic beg for government money. Government money can be stupid. But it’s starting to appear that they are not stupid enough to waste money on Niocorp. Better places with better bang for the buck than this turd project that pays the executive team obscene salaries.

What is a Shareholder Dispute?

Shareholder disputes often arise over disagreements about key management decisions, transparency and conflicts of interest among directors.

A shareholder dispute is a disagreement between shareholders and can arise with respect to the operational, procedural, or administrative aspects of a corporation. Shareholder disputes tend to be highly contentious and can have a significant impact on a corporation’s profitability, reputation, and overall success.

Common examples of shareholder disputes include:

Breach of contract, including a shareholder agreement
Breach of fiduciary duty
Business dissolution
Valuation of shares
Disagreement over management or operations
Fraud
Shareholder oppression
Shareholder Disputes Causes

Shareholder disputes can arise for a variety of different reasons, but some of the most common causes include:

Breach of the shareholder agreement – A breach of the shareholder agreement can have a significant impact on all the shareholders and the corporation itself. Examples of common breaches include selling shares contrary to the agreement, making decisions without the majority shareholders, or a shareholder attempting to terminate the agreement against the wishes of other shareholders. Failing to abide by contractual obligations tends to give rise to shareholder disputes.
Disagreements – Disagreements concerning the direction or operations of a corporation, such as terminating an employee, company spending, or moving the business and its operations, are often contentious and lead to shareholder disputes.
Fiduciary duties – Shareholders have many fiduciary responsibilities. At a minimum, majority shareholders must be honest and open with minority shareholders. Withholding crucial information or failing to act in the best interests of the corporation will lead to shareholder disputes.
Compensation or contribution – Disputes can arise over improper compensation or unfair contribution of shareholders. Particularly, when shareholders are employees and paid at disproportionate wages or when shareholders do not contribute a fair share to the corporation.
Disrespect of minority shareholders – Since minority shareholders have less of a role in the decision-making and management of the corporation, oftentimes they feel disrespected or unfairly prejudiced by the decisions of majority shareholders. If minority shareholders’ rights are not properly protected, shareholder disputes will arise.

https://www.forumlaw.ca/shareholder-disputes/

Another promise broken. This management cannot keep their word. Of course no one believes them when they spew 'positive forward looking statements'.

And the cheer leaders have not yet caught on that management has been lying, consistently and faithfully.

MasstrichtMan- Great Pay and Benefits! and don't forget not too many hours and results are optional! I don't know whether to laugh or cry...... we are in the 'ABYSS'.... nobody knows if financing is lined up? who is the source? when does the clock start? oh wait..... that is all under NDA, and Not able to talk about that! phew..... thank god for NDA's to shield company PR folks from having to update and be transparent to the investors....... WOOOOO HOOOOO..... reset the 9 month clock, shut up and go back to sleep...... we'll wake you if anything 'material' should happen, but there's a VERY strong chance, based on historical precedence, that NOTHING WILL HAPPEN for the next few months (IF EVER!!)...

NCT- wondering if i got fleeced or just need to wait 5-10 more years!???? Vexing indeeeeeeed......... Things move so slowwwww in NIO-Ville that we may go thru 3 or 4 more presidents b4 anything happens........ ugh..... still trying to purge those images from last debate outta my head.... that's all i'll say there...... Dear Gawd help us ALL!!!!

Jim responds to his buddies who don't question him and don't challenge him. For everyone else, they're silent.

This has been said SOOO many time and these statements have never come through nor have we been given a reason why they DIDN'T happen.

Liar, is more correct based on history and fact.

THIS. Exactly, THIS.

Did they make the $1.4mm payment or default?

This has been a complete nightmare since the GXII deal and Mark Smith is solely responsible. Giving up nearly 30% of the company for what?!?!?! NOTHING!!!

Agreed, two missed timelines from the CEO so far.

Google Stellantis news, lots of belt tightening and layoffs. An off-take/equity investment deal they signed with a pre feasibility study nickel mine isn't looking like a very good deal right now.

https://announcements.asx.com.au/asxpdf/20190604/pdf/445lqv6lxy90gf.pdf

600 Mio awarded by German kfw loan....
JPM got a part of the company

You make a good point... wherever Mark ends up after this, I am going to apply to work there... great pay and benefits.

It has been a year since it was announced. Something isn’t right.

https://www.stellantis.com/en/news/press-releases/2023/july/stellantis-and-niocorp-sign-rare-earth-offtake-term-sheet-in-support-of-stellantis-commitment-to-reaching-carbon-net-zero-by-2038

Or it's taking longer than anticipated.

Hey NorCal, hope you have been doing well and you asked some excellent questions. I found some interesting information on NDA’s and would love your opinion and others who are versed in NDA talk. Would love to hear from Mark and jim on NioCorp’s expired NDA’s A.S.A.P!!

BTW Tommy, I find it odd even the old faithful message board groupies have not been responding as of late to defend team NioCorp.
Honestly, that scares me to death for my investment as maybe they have giving up on management??

Why will management not tell us the fallout reasons for why mining construction/financing did not happen wayyyyy back in the 2015-2019 timeframes??

NDA time-periods on average: Whether or not the overall NDA agreement has a definite term, the parties' nondisclosure obligations can be stated to survive for a set period.

” Survival periods of "one to five years are typical with NDA’S." This is good news for us the investors who want answers. NioCorp is wayyyy past those NDA time periods by now.

Very informative NDA information we all should brush up on...https://legal.thomsonreuters.com/en/insights/articles/confidentiality-agreements#:~:text=Whether%20or%20not%20the%20overall,how%20quickly%20the%20information%20changes.

So, Jim Sims and Mark Smith are you telling us the NioCorp NDA agreements you have in play are 100% different than most NDA’s that businesses use?? Can you prove you have statute of limitations that exceeds the 1–5-year time periods??

Can we get copies of these NDA agreements that have expired?? You can take off the names and other private information we just want to see the lawyer verbiage on it and see the expiration dates so you can speak freely to us the investors.

Jim and Mark, Since you pride yourselves on transparency this is an easy request for us to view with our own eyes??

We have a right to know the statute of limitations on NioCorp’s NDA'S. You always seem to mention these nasty NDA’s when not responding to investors when they ask certain questions. This information can help us learn why all these deals never happened when you said out of your mouth the word “imminent”. Since those NDA’s have long expired you can tell us who dropped out or who dropped the ball for our mine to not begin construction.

Remember mark, You have a fiduciary duty to not only act on the shareholders best interest 100% of the time but also keep us informed.

https://usvanadium.com/board-chairman-us-vanadium/

https://www.techmet.com/us-vanadium/

https://www.prnewswire.com/news-releases/us-vanadium-acquires-materials-processing-plant-in-arkansas-as-it-continues-to-ramp-up-production-of-made-in-usa-high-purity-vanadium-products-301371111.html

A running company.....


For those who only see, they made