LCP77
8 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.
NorCalTommy
9 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..........
PutzMueler
16 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
Prudent Capitalist
16 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,
Demolition Man
17 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.
monocle
19 hours 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.
PutzMueler
1 day 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
PutzMueler
1 day 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
PutzMueler
1 day 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/