NioCorp Developments Ltd (NB) Options

China is up to its old tricks and will be caught red handed by the 232 actions.

https://www.linkedin.com/posts/rare-earth-exchanges_rareearth-chinaeconomy-criticalminerals-activity-7319217923242307584-bUek?utm_medium=ios_app&rcm=ACoAAAcgj48BT9F7PUhNWxJ6hOp1KI16ThOcHBM&utm_source=social_share_send&utm_campaign=copy_link

Go NioCorp!

I’m just educated guessing, but the Maxim Group being the exclusive Underwriter for the $20,000,000 NioCorp payday had to buy all of the shares for 2.60 immediately, to be able to sell the shares, now and in the future at Market Price or discounted market price to its own clients.

*******
I previously read about Underwriters and read about that reality.
That’s why so many shares traded in 3 days perhaps. JMO

Maxim would not want to hold those shares due to a languishing share price. That won’t happen.

Hello Putz:

In my opinion the NioCorp team has worked hard at getting this project ready. Extremely resilient in some pretty tough times.

Obtaining the necessary capital to commence the project has been a torn.

I hope "our" time has come.

Have a great day!

Mr Grunt I believe this 232 investigation on the US and Geopolitical implications of Critical Mineral on-shoring, may need to be at the Ready, and therefore come ahead of Nebraska being EXIM approved.

It should not take much time to determine what is obvious.
We all know NioCorp does have Fantastic Support in Washington DC and is probably on a Priority Project list, all by it’s lonely permitted and shovel ready self.

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-ensures-national-security-and-economic-resilience-through-section-232-actions-on-processed-critical-minerals-and-derivative-products/

Looks like the Priority projects list is done and the Fast 41 list is derived from that Priority projects list for fast permitting. I could be wrong.

NioCorp is fully permitted.

Creating Priority Projects Lists: The Trump Administration has instructed the head of each executive department and agency involved in the permitting of mineral production in the United States to provide, within 10 days of the EO, a list of all mineral production projects for which a plan of operation, permit application, or other application for approval has been submitted to that agency. 10 days after these first lists are submitted, those same agency heads must work with the Chair of the NEDC to make a “priority list of projects,” and must take all necessary or appropriate actions to expedite and issue the relevant permits or approvals.
15 days later, the Chair of the NEDC must submit, to the Executive Director of the Permitting Council, mining projects for consideration to the FAST-41 program for expedited and transparent permitting review and approval. FAST-41 project timelines for such project must be set forth by no later than 15 days after getting such initial list. Currently, there is only one mining project in the FAST-41 program, as it has been argued that the program’s requirements for public transparency with a mining project’s plans and operations discourages participation. It will be interesting to see if this new process required by this EO will encourage more participation.


https://www.mayerbrown.com/en/insights/publications/2025/03/from-extraction-to-smelting-president-trump-issues-executive-order-aiming-to-increase-american-mineral-production

https://fortune.com/article/americas-only-rare-earths-mine-mp-materials-mountain-pass-mine-us-china-trade-war-tariffs/?utm_source=search&utm_medium=suggested_search&utm_campaign=search_link_clicks

Somewhere along my journey (2015) I thought we had been permitted, mine ready, just needed the money

I don't think Niocorp has any federal permits that need to be fast tracked because the permits are already approved. 

The fact Niocorp is not on the list tells you all you need to know about this company 

The shares outstanding are already 3x higher than when the first fs came out and they still need 100s of millions raised with equity. Jim has stressed that REEs are a byproduct only.

The ceiling is much lower now imo.

I believe we have all of our permits, correct?

Trump to fast-track permits for 10 mining projects, including Rio Tinto's Arizona copper mine
RIO +1.77%Apr. 18, 2025 9:43 PM ET19 Comments
The Trump administration said on Friday it will fast-track permitting for 10 mining projects across the U.S. as part of its push to expand production of critical minerals.

The initial 10 projects - the White House said it plans to add more - include Rio TInto's (NYSE:RIO) proposed Resolute copper mine in Arizona; the proposed Stibnite antimony and gold mine in Idaho from Perpetua Resources (PPTA), Hecla Mining's (HL) proposed Libby copper and silver mine in Montana; the expansion of the Silver Peak lithium mine in Nevada by Albemarle (ALB); an Arkansas direct lithium extraction project from Standard Lithium (SLI); and an Alabama metallurgical coal project from Warrior Met Coal (HCC).

Rio Tinto (NYSE:RIO) said it believes its Resolution copper project is "vital to securing America's energy future and infrastructure needs with a domestic supply of copper."

The projects were granted FAST-41 status through a federal initiative launched in 2015 to streamline approvals of critical infrastructure; South32's (OTCPK:SOUHY) Hermosa zinc and manganese project in Arizona was fast-tracked by former President Biden, the first mine to receive FAST-41 status.

Earlier this week, President Trump ordered a probe that could lead to new tariffs on all U.S. critical minerals imports, many of which currently come from China.

That is an understatement.

People buying now are better off than people who bought more than 10 years ago in my opinion

Good thing the future is looking bright to opening the flood gates of shares trading.

Elliot is coming.
Time to trade.

https://fintel.io/ss/us/nb
Shorts..... Reduce 
We need some real material news
Who is buying the 20.000.000
Hopefully not a nobody 

The share price at this stage and considering the outstanding shares and future NPV of the project ( $ 2.8 B) in the feasibility study is still a bargain. We used to see a share price of $ 10 based on the availability of niobium, scandium and titanium alone. With rare earth in the equation the project is even more valuable. People buying now are better off than people who bought more than 10 years ago in my opinion.

I don't think there was an effort to lure investors in order to dilute them. I think the coordination between the run up to the interview, which they announced a couple of days in advance, should have been followed so quickly by this dilutive equity raise. As I said previously, I'm okay with raising the money but it was handled in a way that likely caused any new investors some regret.

and they know what they were doing - they were luring investors in to dilute on them and that's just really bad form.

how much cash did they have on hand?

it was less than $500K...more dilution is coming IMO

At least one good choice by management...
The new Yorkville transaction timing.

during a pricing period of three consecutive trading days commencing on April 14, 2025

Interesting...

https://www.msn.com/en-us/news/world/us-ukraine-sign-mineral-deal-paving-way-for-economic-boost/ar-AA1DatFS?ocid=winp2fptaskbarhover&cvid=e5c5880636b5414adee08fa5289c21cd&ei=6

Hello Putz:

Have a great in the Beautiful Canadian Rockies!

Well, I don't know whether the option to wait and price higher was there or not. I think many expected a decrease in the share price to occur after the Fox news-related bump. However, announcing this funding round with a significantly lower share price than was currently being traded contributed to the stock tanking right after the nice bump up. I am in favor of getting the funds for moving the project forward, but the timing of this and the pps offering were not good in light of the price we were trading at.

stark: I raised that issue, but as always seems to be the case the pricing was apparently based on the weighted average share price over the past 3 trading sessions, or something close to that. Perhaps waiting a day would have yielded a higher average, but that would have taken it over into next week with the markets closed today?

My apologies Grunt I mixed up the Yorkville with the Maxim

On April 14, 2025, we delivered a written notice (the “Advance Notice”) pursuant to the Yorkville Equity Facility Financing Agreement (as defined below), requesting the purchase of 1,100,000 Common Shares (the “Advance Shares”).

We have elected an Option 2 Pricing Period (as defined in the Yorkville Equity Facility Financing Agreement). Subject to the satisfaction of certain conditions contained in the Yorkville Equity Facility Financing Agreement, the Advance Shares will be issued at a purchase price equal to 97% of the daily volume-weighted average price of the Common Shares on the Nasdaq Global Market as reported on Bloomberg Financial Markets during a pricing period of three consecutive trading days commencing on April 14, 2025.

https://archive.fast-edgar.com/20250416/A8ZZQ22CZ22282Z2222C2CZZJNMTZ3ASHF72/

Hello Putz:
Just for curiosity I looked at the PR that I read and had nothing in relation to VWAP or 97% or 3 day.
Here is the link to what I read:
https://www.niocorp.com/niocorp-announces-pricing-of-20-0-million-underwritten-public-offering-of-common-shares/

Anyway, in my way of thinking, anything related to the legality of any press release, I leave it to the SEC. They have plenty of rules and regulations, in my opinion way too many.

More importantly, if I didn't entirely trust Mark, Jim, Scott, Neal and the rest of the team I would have sold out a decade or so ago.

How to get the VWAP: (Volume-weighted average price) a very simple principle: count every share, multiply each share by the price traded. At the day or period of time divide the total amount by the number of shares and bingo: you have the VWAP.

I use a software product called "Thinkorswim" it provides the VWAP on a dynamic basis.
Have a great day.

I was really pleased to see this article on my MSN newsfeed this morning. This is solid press coverage and exposure.

Thanks Mr Grunt.
Do you, or et al, know how to figure 97% of the 3 day VWAP? Because if $2.60 is not the equivalent of that calculation, then why would it be in the PR presented to the public?

Or am I misinterpreting what the PR said?

My understanding is it takes intraday values from those three days of huge volume and price movement. But how do you get to that final calculation? It seems to me the majority of the volume was way above $2.60. (But, I am not an accountant, or financial guru).

Good Morning, NioCorp Enthusiasts,


I’ve been staying away from the board for a while, mainly because I didn’t have anything new to contribute. However, I felt compelled to share my thoughts on the latest news release about the public offering. The pricing of the offering—significantly lower than the previous day’s closing—was, understandably, a bit concerning. I’d like to share my perspective on this.

First and foremost, let’s remind ourselves what our goal is: building a mine at the Elk Creek, Nebraska site. And what’s the key to achieving this? Funds—yes, a whole mountain of Greenbacks. What stands in our way? A tough environment for raising capital. It’s not an easy path, but it’s the one we’re on.

It’s important to note that the offering price was likely agreed upon before the company appeared on Maria’s widely-watched program. Timing here is critical, but hindsight often adds a touch of clarity. Beyond the hurdles of fundraising, we’re also facing new challenges on the global stage. Recent actions by China, specifically restricting exports of Terbium Oxide and Dysprosium Oxide, while slashing their prices, add complexity. These quoted prices may appear attractive, but since the materials aren’t being exported, they’re essentially meaningless to outside buyers.

On the bright side, the $20 million from this offering should be in hand by Monday or so, allowing us to complete the necessary drilling and update the feasibility study. This will be a pivotal step toward securing additional funding, whether from Exim or other sources, to meet the $1.2 billion required to bring the mine to fruition.

Of course, no one enjoys dilution, but as we’re not in production yet, our only option to fund progress is to sell a piece of the company. It’s a tough pill to swallow, but it’s part of the journey.

Just my two cents. Wishing all serious investors a fantastic day—Go NioCorp!

Yep one more untimely event in the life of this proposed mine. Talk about putting a bad taste in new investor's mouths...this is just another example of all the sour grapes that I have witnessed being served to investors. Same old crap that gets recycled and served on a new shiny silver platter....

Josh Funk who wrote the article was at the Investor meeting NioCorp had at the mine site probably 3 or so years ago.

Looks like Associated Press put this out last night, more PR for Mark Smith and NioCorp.

https://apnews.com/article/rare-earths-trump-tariffs-china-trade-war-effd6a7ec64b5830df9d3c76ab9b607a

Two companies are trying to develop mines in Nebraska and Montana. Officials at NioCorp and U.S. Critical Materials said they hoped the push from the White House would help them raise money and obtain the necessary approvals to start digging. NioCorp has worked for years to raise $1.1 billion to build a mine in southeast Nebraska.

“As I sit and I think about how can we deal with this enormous leverage that China has over these minerals that nobody even knows how to pronounce for the most part, we have to deal with this leverage situation,” NioCorp CEO Mark Smith said. “And the best way, I think, is that we need to make our own heavy rare earths here in the United States. And we can do that.”

We could debate and DD all of the companies to see if they all had breakouts and gaps, but the reality is Mr, Smith Goes to Washington.

And not all gaps get filled.

The breakaways weren't limited to NioCorp, and we saw stocks across the critical mineral sector surge due to Trump's EO. That, combined with Mark Smith's appearance on the Money Honey's morning show, put even extra wind in NioCorp's sails. Ultimately, it was good PR, with no real material news to sustain the breakaway.

We've seen the sector cool back off, and there's no reason to think NB won't continue to settle back into the low 2's, which is where we were last week (with 1,000,000 less shares in the float).

We need a PR asap explaining how that $20 million will be spent.

Interview segment now of front page of Fox News. I thought it was a good interview. Unfortunate though that it took a complete mineral export ban from China to get the attention of govt. Plays to NioCorps favor but the warning that China could bottleneck mineral exports has been known for years. Never too late I suppose. Curious to know what was discussed at the meeting between MS and POTUS.

https://www.foxbusiness.com/fox-news-economy/mp-materials-cuts-off-us-rare-earth-china-amid-ongoing-tariff-battle

China will also restrict, thru export controls, rare earth materials to Europe to avoid transshipping to the USA.
I am honestly puzzled why the US government and DOD move at ‘ snails pace’ in establishing the Elk Creek mining facility? If the Ukrainians move as fast as the US government these Ukrainian rare earth will be available in 25 years at best.

No, not always.

Do Stocks Need to Fill Gaps?

Importantly, gaps do not always fill. Traders should never assume that a gap will fill without understanding the reasons for the gap and monitoring trading activity around the gap. Breakaway gaps often do not fill, or fill only partially since the broken support or resistance area serves as resistance or support during gap filling action.

https://centerpointsecurities.com/what-is-a-gap-fill-in-stocks/#:~:text=Regardless%20of%20your%20strategy%2C%20there,or%20resistance%20in%20the%20way.

I don't think there was much investor interest back then.Things are different now; we're seeing a run on rare earth stocks.

We closed at $2.44 on April 14 and gapped all the way up to $2.94 at opening the next day. The low of that day was only $2.55, so as of right now there is a technical price gap between $2.44 and $2.55. Not insignificant.

Gaps always fill.

Couldn't we have done this $20M Shelf a year and a half ago, when we needed the FS update..... why did we wait a year and a half? hmmmm

I often say to entrepreneurs: if you don’t run fast enough, somebody will outrun you.

It is now time for Niocorp to run fast and sprint. At some point the relation with China will warm up and we will have lost the opportunity to start this whole integrated project. Integrated project is the key word here. It’s impossible for Niocorp not to have competition with China or with another producing country, but I am confident that once we are up and running and a bit of the capex amortized (or repaid), we can take on the competition. Like Jim Sims said ‘’the more, the merrier’’

And yes, some industries cannot get off the ground without the help of the government at the beginning.
Lard

I just listened to MS interview on Fox, and the one thing that pleased me the most was the big sense of urgency in his tone of voice.
He did not have the cold demeanor that he usually has. I also like when he said that we are the most advanced project, and it seems too, by far.
If he did not say precisely what he needed to get the project on its wheels, I think he hinted to the time needed to get these type of project off the ground.
I guess it depends on the listener, but I liked this interview very much. Almost to the point of buying more. Maybe, huuuummmmm thinking about it.

Maybe I'll use Puzt reply and get ready to fire up.
Lard.

Good question Lard.

Yes that 1 gap is closed, but I was expecting a touch back @ $2.62 or so.
$2.68 is close and matches a support level almost a year ago.

I think next week goes lower on technicalities if we don’t hold support @ $2.90 (and maybe even if we do hold support).

Of course there is a gap way down below us and one way up above us.

I don’t see the Market selling down low enough to close the one below but hey, Money and free shares and warrants rule the day.

Ooops looks like I took too long typing

Like Wombat2 said buckle up because when you see something happening either you are already in or Too Late. LoL

We are still waiting for the 10 mio DOD . That would make it 30 mio. I guess that surely gets us to do all the things to do for the EXIM loan qualification. The fact that EXIM accepted a loan application for another 825 mio loan to a copper project bodes well for Niocorp’s critical US project,

I dont know. I just think 20M is enough to see equipment on the property to make some kind of progress even if it's more shitty money. Not sure there is another kind of money for us.

Someone in the White House? Wouldn’t surprise me. Some apparently made money trading last week. I heard Trump talking in the Oval office about: “ he made 900 mio, he made 2 billion’. So maybe some of these guys want to help the country ahead?

Hey Putz,
Do you consider the gap closed at 2,68?

According to the chart, are we going to bounce back?
Cause on the fundamental side, although it looks to me like we have positive developments, it seem like we need to be a bit more patient.
I would be more patient if we could hold support above $3.00.
What are your thought?

Lard

They got a letter of intent, not a loan. They have to go through the due diligence process.

Prediction 21th April closed
Who will be the buyer 
???) 

Thanks for the article. Good to see $ 825 mio EXIM loan to Ivanhoe Copper . Nice precedent for our Elk Creek critical minerals and rare earth project

Any millionaire here?
Trump taxation update....