NioCorp Developments Ltd (NB) News

When you have nothing but a lousy turd to offer to any investment community be it private or public (welfare) no wonder there is zero interest. I think I said similar about 10 years ago. What a bunch of fantasy dreamers shareholders are. At their financial peril.

Wow, what a great opportunity for the he past year being able to buy at these decade lows. The institutional buyers are soooooo stupid for not buying up shares. The insiders and retail holders still control over 94% of the shares.

Financing is imminent 🫠💩

I must have

I was wondering the same thing after going back in and seeing the Q3 2024 update right up front.

Did you lost your glases?

[url=https://postimg.cc/ykmdKJTQ][/url]

Back to the Future. Michael J Fox. Another Canadian.

Good to see the website is up to date, with a news release right up front for the scandium symposium in May 2022

Unless I’m mistaken this is 2024. Soon to be 2025

And again we hear nothing about the symposiums for rare earth elements and scandium

EBITDA Is “only” $403 mil
Where is the 7 or 800,000,000 we were all believing due to REE’s

I guess that’s why EXIM wants more info.

I just in short order we are going to be going from second-largest to watching the REE’s become someone else’s second largest.

Probably just the Russians, or maybe immigrants. 🤣😂

I figured it would be back soon. happens all the time. A tiny part of me was hoping it was down to post something huge. Oh well.

I asked Jim, and he said it was a "Server hosting issue," and it is now fixed.

It appears to be fixed now. I was just able to get in.

https://www.niocorp.com/

Back again
New layout for mobile I guess

It has been that way since at least last night. I tried to visit the site last night and same thing. It could be intermittent and working off and on for whatever reason.

October surprise! New website and new name! NioQuantum Rare Earth Magnet recycling UK! Free El Pollo Loco gift card with purchase of personalized AlSc ingot. 2 available.

I would agree and its been that way for at least 30 minutes or more.

That’s more scary then interesting

Interesting ? HTTP 502 – Unable to Connect to the Origin Server
https://www.niocorp.com/

I’m at the point now where I would welcome that if Mark Smith did the walk of shame

Hopefully the surprise is not dipping below listing requirements.

Early November for the ones leaving would be my guess.

Isn't NioCorp a Canadian Co?😃 PS: Many Molsons back in the day. Good beer IMO.

well at least they both make money and not like NOicorp

Is this the October surprise?

Who? Everyone is welcome in Canada!

Even you.

But I would love to hear your preferences.

On another note nobody gave Dwayne Johnson to Canada he became a citizen all on his own.

In September 2020, the wrestler-turned-actor and self-described “political independent and centrist” broke from his personal tradition by throwing his weight behind the Biden and Kamala Harris ticket,

Plenty of others we can give Canada (if they don't move their on their own)!

LOL! Thanks for the research GMAN.

Quick Facts - Dwayne Douglas Johnson
BORN: May 2, 1972
BIRTHPLACE: Hayward, California

https://www.biography.com/actors/dwayne-johnson

An "Ode" to Canada. 35 Famous People from Canada. Kiefer Sutherlands an excellent actor. Pamela Anderson's beautiful. Jim Carrey and Mike Meyers rock. And let's not forget the actual Rock himself, Dwayne Johnson!

https://www.glamour.com/gallery/famous-people-from-canada

and don't forget the Molosons and the syrup eh?

Love to see that 

Like turn into a nightmare for a short seller overnight. Definitely not a good time to be taking that gamble.

Short seller dream......
😕😕😕

"The U.S. has no centralized federal department or agency with the requisite mining and mineral processing expertise to assist the Executive Branch and Congress in developing coordinated mining policies responsive to the country’s mineral needs."

SME presents concept paper “Why the U.S. Needs a National Materials and Minerals Council” at Midyear Meeting
William Gleason October 7, 2024

https://me.smenet.org/webContent.cfm?context=1&webarticleid=4905
In the three decades following the U.S. Congressional vote to cease funding to the U.S. Bureau of Mines (USBM), the United States’ reliance on foreign sources for minerals has increased. Concurrently, the technological advancements in everything from portable electronic devices, electric vehicles, machine learning and artificial intelligence has created extraordinary global demand for a number of critical minerals.

Recognizing the need to fill the void left by the closure of the USBM in 1996, SME took the technical lead in the formation of a concept paper “Why the U.S. Needs a National Materials and Minerals Council.”

The Concept Paper is available on SME’s website https://www.smenet.org/what-we-do/technical-briefings.
In Washington, DC, Sens. John Hickenlooper (D-CO) and Thom Tillis (R-NC) introduced the bills that could help further the efforts to create a centralized department or agency within the federal government to assist the Executive Branch and Congress in developing coordinated mining policies and spur the federal government to develop a national strategy to advance U.S. production of the critical minerals needed to build a clean energy economy.

The "National Critical Minerals Council Act" would establish a National Critical Minerals Council chaired by the vice president to coordinate a U.S. critical minerals strategy. That council would be led by a chief minerals adviser appointed by the president who would coordinate actions across federal agencies.

And the "Unearth Innovation Act" would establish a mining and mineral innovation program within the Department of Energy to drive research, development and commercialization of advanced mining, recycling and processing technologies.
Concept Paper:

https://smenet.blob.core.windows.net/smecms/sme/media/smeazurestorage/pdf/nmmc-concept-paper_final_09_09_24.pdf
Executive Summary
As summarized below, a group of mining technical and policy experts (Experts) participated in a May 30, 2024 roundtable discussion (Roundtable) hosted by the Society for Mining, Metallurgy & Exploration (SME) at its headquarters in Englewood, CO. The discussion focused on why the federal government needs a new Executive Branch entity to provide advice and coordination on minerals and mining issues, suggested the best place for this entity within the Executive Branch, highlighted the compelling public interests in creating this new entity, and identified the following reasons for a new entity within the Executive Branch:

-The U.S. has no centralized federal department or agency with the requisite mining and mineral processing expertise to assist the Executive Branch and Congress in developing coordinated mining policies responsive to the country’s mineral needs.

- A new centralized minerals entity is urgently needed to coordinate existing federal mineral programs, which are scattered throughout several executive branch departments and agencies, to identify and fill the gaps in the country’s current mineral and mineral processing research and development (R&D) programs, and to increase domestic mining and mineral processing in order to reduce our dependency on imported minerals.

Don't get all testy about Canadians
we are a bright bunch
just look at the northern lights
maybe we can shed some light on narrow pragmatism

Just got back. To be more clear, what companies and in which state did the companies receive govt funding (loans, grants) to fund critical mineral mining operations or to build EV battery plants in the last 3.8 years.

He asked specifically about what States have received funds. I assumed that was specific to the answer he was looking for.

I can’t proclaim having a photographic memory.

It's unclear how many have actually received the conditional funds so far. I believe the new domestic mines have been lithium related, unless they were already existing. Putz, you should know this as it was in the article you posted the other day in contrast to what I posted about Trump being the truly supportive one.
https://www.reuters.com/markets/commodities/wary-trump-us-minerals-projects-rush-close-government-loans-2024-08-29/

Under President Joe Biden, the U.S. Department of Energy's Loan Programs Office (LPO) has awarded nearly $25 billion in conditional loans to 21 companies, including Li-Cycle (LICY.N), Lithium Americas (LAC.TO), Redwood Materials and others planning to build facilities that recycle batteries or process lithium and other minerals for use in electric vehicles. Such conditional loans still need final approval, which takes time.

MINING PROJECTS
The LPO, which gave Tesla a $465 million loan in 2010 to stave off bankruptcy, has been meticulous in its loan review process under Biden, with more than two-thirds of applicants requiring help to navigate the complex credit review process that slows down the loan approval timeline, LPO chief Jigar Shah, told Reuters last year.
For U.S. mining projects, any delay in funding could imperil plans to supply cathode and battery facilities, many of which are also in line for LPO funding.
In Nevada, ioneer is pushing to close a $700 million LPO loan for its Rhyolite Ridge lithium project, which is estimated to eclipse $1 billion in cost.

And General Motors-backed GM.N Lithium Americas has begun work on its nearly $3 billion Thacker Pass lithium project, which Trump approved five days before leaving office. The bulk of the project's funding will come from a $2.26 billion LPO loan that the company expects to close by December.

"We're pleased that our project was supported by the Trump and Biden administrations," said a spokesperson for Lithium Americas. "They both have expressed the importance of Thacker Pass in securing a domestic supply of critical minerals."

Australia-based ioneer did not respond to requests for comment.

Recycling startups Li-Cycle and Redwood are also rushing to close LPO loans. Redwood was conditionally approved for a $2 billion loan that it expected to close last year, but the company is still waiting for funding.

Li-Cycle said it continues "to work closely with the U.S. Department of Energy on key technical, financial and legal workstreams to advance towards definitive financing documentation for a loan."

Representatives for Redwood and Qcells did not respond to requests for comment.
Here's another "success" story:
Piedmont Lithium makes U-turn on multiple applications for US government funding
The company recently cancelled plans for a project that had already received approval for a $141.7m government grant. Piedmont Lithium has cancelled its application with the US Department of Energy’s (DOE) Loan Programs Office (LPO) due to high costs associated with the process, the US mining company told Reuters.
https://www.power-technology.com/news/piedmont-lithium-makes-u-turn-on-multiple-applications-for-us-government-funding/

And that was a GRANT not a loan!

Well I’m not that keen on worrying about answering a question for which you place limitations on. LoL

The USGS is an arm of the US Dept of the Interior.


How about you answer your own question because I already tried, and it wasn’t deemed sufficient enough for you.

https://www.usgs.gov/science/faqs/about-usgs#:~:text=The%20USGS%20(United%20States%20Geological%20Survey)%20is%20a%20science%20bureau,States%20Department%20of%20the%20Interior%20.

https://www.usgs.gov/news/national-news-release/usgs-provides-2-million-states-identify-critical-mineral-potential-mine#:~:text=Funding%20from%20these%20new%20cooperative%20agreements%20will%20allow%20states%20like,their%20mine%20waste%20might%20be.

What is the Earth Mapping Resources Initiative (Earth MRI)?
A partnership between the USGS, State Geological Surveys, and industry to acquire new geologic maps, geophysical surveys, and LiDAR data to better understand the fundamental geologic framework of areas across the Nation with potential for hosting critical mineral resources.

Ongoing project initiated under Trump based Executive Order 13817 of December 20, 2017
A Federal Strategy To Ensure Secure and Reliable Supplies of Critical Minerals

and under Interior Secretarial Order 3359

https://www.usgs.gov/special-topics/earth-mri/about

I used to work for the USGS. Though they may get some direction from the top, I got the impression they were a pretty independent organization and are actively involved in research and information gathering for all 50 states all the time related to the environment and well before EV's were the flavor of the day so prefer not to include the USGS. Interested in knowing what states received funds in ther last 3.8 years to develop their mines or build EV battery plants. Got to go in to a meeting. Will check later if you or somebody find something.

Didn’t Nebraska get 10m for Scandium alloy R&D?

Usgs is putting up funds and technology to Map 6 other states

This is a year old but they refocused on Nebraska and Kentucky Just recently.
RESTON, Va. — The U.S. Geological Survey will invest more than $3.5 million to map critical mineral resources in partnership with the geological surveys of Arkansas, Kentucky, Illinois, Indiana, Missouri and Tennessee.

Not sure how many states and how much money needs to be invested to answer your question correctly

Interested to know which states received funding to develop critical mineral mines or EV battery plants. I used to work for the USGS. Though they may get some direction from the top, I got the impression they were a pretty independent organization and are actively involved in research and information gathering all the time related to the environment and well before EV's were the flavor of the day so prefer not to include the USGS. CA and MP Materials and a battery plant in the South East come to mind. I'm sure there are other states and projects.

I’m not sure your point, but perhaps you can answer and then I will fact check to see if I can find something for you.

USGS just partnered with 6 states to map critical minerals. Does that count?

Which states have received govt assistance during the past 3.8 years for critical mineral mine development or the establishment of EV battery manufacturing plants? I believe both current and former Pres are very loyal to their own parties and constituents. Happy to be proven wrong.

Which is why I keep buying down here. Fairly confident this team knows that attempting to defraud the US Government /EXIM out of almost a billion dollars is a really bad idea, one that hasn't ended well for others with much smaller stakes.
USGS (govt) had already established the richness of resources well before MS's involvement.
2007 - Eight Charged in $80 Million Conspiracy to Commit Fraud Against the Export-Import Bank of the United States. The defendants have all agreed to serve time in prison.. They also have agreed to a range of forfeiture of cash or property. 18 months; 41 months in prison; 33 months in prison; 37 months in prison; 24 months in prison; six months in prison; 12 months in prison.

2008 - California Man Sentenced to 33 Months in Prison in Connection With $20 Million Scheme to Defraud the Export-Import Bank of the United States

2010 - The owner of an export company in Miami was sentenced today to 46 months in prison for his role in a scheme to defraud the Export-Import Bank of the United States (Ex-Im Bank) of approximately $24 million

2015 - A former loan officer at the Export-Import Bank of the United States (Ex-Im Bank) pleaded guilty in federal court today for accepting more than $78,000 in bribes in return for recommending the approval of unqualified loan applications to the bank, among other misconduct, sentenced to two months imprisonment, $78,900.00 restitution and a $100. 00 special assessment

2016 - Miami Man Sentenced to 144 Months in Prison for Role in Multimillion-Dollar Scheme to Defraud Commercial Lenders and U.S. Export-Import Bank and ordered him to forfeit $41,924,418 and pay $11,503,068 in restitution

2021 - A Glen Allen man was sentenced today to 34 months in prison for defrauding both a Pennsylvania-based bank and the Export-Import Bank of the United States in connection with a $1.6 million loan.

2021 - Florida business owner was sentenced to 36 months’ probation and ordered to pay over $140,000 for his role in a scheme to defraud EXIM

Please do a little more research on potential bi-partisanship!

He was no slouch.

President Biden recognized this challenge and took immediate action. In his first weeks in office, he signed Executive Order 14017, America’s Supply Chains, which mandated a 100-day review of U.S. critical mineral supply chains.

https://www.whitehouse.gov/briefing-room/statements-releases/2024/09/20/fact-sheet-biden-harris-administration-takes-further-action-to-strengthen-and-secure-critical-mineral-supply-chains/

Srrk gained 350 % on one day....for a medical result.. 

Anyway 

This is only depending on the figures and loan coming in.
65 mio baseline 

I don’t think there were any mistakes on trades if you look at today’s NIOBW over 390k shares again.

I don’t think there were mistakes on trades if you look at today’s NIOBW over 380k shares.

USGS (govt) had already established the richness of resources well before MS's involvement. I don't think the current admin has the desire or political will to help. The majority pop in NE are not his constituents and he's tied up in 2 wars. Harris is from the Worlds tech center and more bi partisan. Shes smart enough to know we need critical minerals developed domestically for national defense and EV's. Trump on the other hand has always been in favor of developing natural resources. We'll have better luck in whatever next Admin comes down the pike. JMO