NioCorp Developments Ltd (NB) Options

Plausibel communication is the problem since years...
In discussions for 10 mio since a long time ago and by the way told people that more is possible to... Now back to the 10 mio.... 
What is now right? 

You are saying that this administration told Niocorp months ago that they planned to make this announcement on this exact date so Niocorp bumped the date a week? Why would the administration know months in advance the exact date for an announcement like this? That doesn't sound plausible imo

Agreed and JS has a long standing connection with DC Govt. He is a good communicator. Jim, just ask for the money! Trump Admin wants to help and quick. Just ask and ask again and again until they deliver the funds!

https://www.mining.com/web/trump-to-expand-critical-mineral-production-using-wartime-powers/

My take on the NioCorp AGM occurring on the same day as the Trump EO on Critical Minerals (20 March 2025 after an unexplained move from 13 March) with a NioCorp press release the following day on the EO (21 March 2025) is telling us that while NioCorp does not currently have direct release information on financing or the updated FS yet, that they are on the pulse of this administration and are well situated to benefit from these Executive actions concerning critical mineral mining and processing.

Official AGM Date Announcements
NioCorp's initial announcement on December 27, 2024, set the 2024 AGM for Thursday, March 13, 2025, at 10:00 AM Mountain Time, to be held at 7000 S. Yosemite Street, Lower Level Conference Room, Centennial, Colorado, 80112 (NioCorp's initial AGM announcement). Shareholders of record as of January 27, 2025, were eligible to vote by proxy or in person.
On January 10, 2025, NioCorp announced a date adjustment, moving the AGM to Thursday, March 20, 2025, at the same time and location (NioCorp's announcement of rescheduling AGM). This announcement noted the previous date was March 13, 2025, but provided no reason for the change, which contrasts with their 2023 AGM rescheduling, attributed to auditor selection delays (NioCorp reschedules 2023 AGM).

well that is fine information but still doesn't answer the question of HOW MUCH is this going to cost for the FS
JIm Mark anyone

If you want specific $ amour email Jim but I doubt you get any more specific than this.

Our mine project cost is approximately 1.3 billion, and in my opinion there is not much that is the same, as it was for the last feasibility study. So throw out the High and Low projection BELOW and it should be about right @ 1%.

Let’s hope everyone was not sleeping all this time and maybe it’s just the money that needs to change hand for services NioCorp did not do.

JMO

A detailed feasibility study will be the basis for capital appropriation, and will provide the budget figures for the project. Detailed feasibility studies require a significant amount of formal engineering work, are accurate to within 10-15% and can cost between ½-1½% of the total estimated project cost.

https://en.m.wikipedia.org/wiki/Mining_feasibility_study#:~:text=A%20detailed%20feasibility%20study%20will,the%20total%20estimated%20project%20cost.

So I ask again and am wondering why no one else is
what is the budget for the third FS
why are we stuck in the dark
AGAIN

I am hopeful that Niocorp management is thinking big and marketing ALL OF THEIR ORE BODY areas..... with the Ukraine CE/REE resources being many years away from production, one would think that if the government is fully aware of the entire ore body in Elk Creek, perhaps we could incorporate all of those ore body area pieces into a a fully integrated plan to accelerate output..... why not? heck, we need 'All Hands on Deck' and we needs 'ALL RESOURCES ON DECK'!!! let's get all the cards on the table to help in the onshoring supply line resurrection inititative..... Maybe that means we go forward with Phase 1 (the current target of the 'imminent' FS generation) BUT have the remainder of the ORE BODY in process, i.e., sample drilling to quantify production-able reserves and governement assistance on doing early FS studies (within a couple years) on the remainder of the ORE BODY in PHASE 2++................. Why not!? NB should think big.... while the geo-political climate is becoming more and more REE/CE mining friendly!! we have a nice tailwind at our back thanks to Trumps Emergency EO..... (about time someone took this dire national security issue as serious as it warrants!!).... Thanks Orange Man with the oversized cojones....for actually taking action and not just bloviating and blowing hot air and gas....like your feeble idealogical predecessors. :) :)

Now, let's reset the Jim Sims infamous '6-9 month clock' and go back to sleep..... wake me up in November (sure hope the hell not!!!) we have already DONE THAT ROUTINE TOO MANY TIMES......alas.....it looks like things are FINALLY moving from the logjam dead inertia stage we have been mired in for the last 2 years!! ALLELUJIA ALREADY!!!

YADDDDDA

NCT

We need $16 million for the pilot holes and move to proven resources and the FS.

Since years in discussions... My goddess 

"NioCorp is also in discussions with the U.S. Department of Defense (the “DoD”)to potentially secure up to $10 million in grant funding to help the Company advance the Elk Creek Project."

Hopefully, the $10 mil is enough to finish the revised FS.

Get er done NIOCORP! We're not getting any younger.............

Trump Unlocks New Investments into U.S. Critical Minerals Projects, Says NioCorp

Critical Minerals Executive Order Expected to Accelerate Critical Minerals Mining and Processing in the U.S.

Action is Aimed at Reducing U.S. Dependence on BRICS Countries and Other Foreign Producers
for Defense Critical Minerals

Trump’s “Whole of Government” Approach to Re-Shoring Supply Chains Is Expected to Unlock Significant New Institutional Investment


CENTENNIAL, Colo. (March 21, 2025) – An Executive Order issued by President Donald J. Trump on Thursday is expected to put the U.S. on the path to critical minerals self-sufficiency and reduced reliance on foreign producers such as the BRICS nations of Brazil, Russia, India, China, South Africa, according to the Executive Chairman and CEO Mark A. Smith of NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB).

The Company, which is developing the Elk Creek Critical Minerals Project in Nebraska (the “Elk Creek Project”) to produce the critical minerals niobium, scandium, titanium, and magnetic rare earth oxides, once project financing is obtained, issued the following reaction from Mr. Smith to the President’s Executive Order, entitled “Immediate Measures to Increase American Mineral Production.”


“With this executive order, President Trump has launched a new era of ‘Mine, Baby, Mine’ in America. The President wants to move aggressively to reduce our dangerous dependence on foreign producers for the critical minerals that allow our fighter jets to fly, Navy subs to sail, smart bombs to hit their mark, and night-vision equipment to help our soldiers see in the dark.

“The President wants to build entire critical minerals supply chains in the U.S. from the mine to the M1 tank. His whole-of-government approach to re-shoring these supply chains will help de-risk the entire sector, which in turn is expected to attract significant new private capital into mining and mineral processing supply chains. This is especially bullish for NioCorp, given our interest in potential vertical integration and production of additional value-added products and alloys from the critical minerals we expect to mine and process in Nebraska.

“There is also a larger strategic component to the President’s plan. He wants to reduce our dependence on critical minerals from BRICS nations – in particular Brazil, Russia, India, China, and South Africa – some of whom are threatening to supplant the U.S. dollar as the global currency.

“The President’s proposed fast-tracking of permitting for minerals projects is a another good step in the right direction. But I am pleased to note that NioCorp’s Elk Creek Project has already obtained all government permits necessary to start construction. We are positioned to advance very rapidly to construction and operations once project financing is obtained.

“The President’s directive to the U.S. Export-Import Bank to invest more in critical minerals projects both overseas and in the U.S. – and to potentially help to finance product offtake agreements by the U.S. Government -- is a very smart move. By investing in critical minerals projects, EXIM helps to create jobs while also generating a return to taxpayers from interest payments and fees paid by its loan recipients.”



NioCorp is now working with the U.S. Export-Import Bank (“EXIM”) to secure up to $800 million in potential debt financing for the Elk Creek Project through EXIM’s “Make More in America” initiative. The Company has already passed EXIM’s first of three due diligence reviews and is undergoing advanced technical and other reviews with EXIM.

NioCorp is also in discussions with the U.S. Department of Defense (the “DoD”)to potentially secure up to $10 million in grant funding to help the Company advance the Elk Creek Project. NioCorp is currently unable to estimate how long the application processes with EXIM or the DoD may take, and there can be no assurances that the Company will be able to successfully negotiate a final commitment of debt financing from EXIM or secure grant funding from the DoD.

It's important to keep in mind that the ONLY reason any of this is happening is because of the results of a single election. Otherwise this would not be happening.

I have NB now that I am not dependent on NIOBW much like in the past.

Yes let's hope their plan actually includes this mine. One would think so, but one would think a lot of things over the last decade.

I always assumed US government would do something to shore up rare earths supply and ramp up its researches on materials / metals for military hardwares.

no idea

We won't see 3 dollars until significant money is awarded and the news released.

The Immediate Measures to Increase American Mineral Production – The White House

https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/

Occurred on 20 March 2025, the same day as the NioCorp AGM.

Coincidence? I think not…

It is my understanding there is no absolute requirement for NB to do more drilling, and I have posted the company's response to that specific question more than once. But the EO does seem to remove obstacles and speed things up for approval of loans, etc.

@walterc - any chance the EO would remove the requirement to move the request for more drilling (from probable to proven)?

5 bucks 😁😁😁

Eh, I would be surprised if more than 70% of the eligible voting shares were even turned in, so yes, that is a significant amount of shares against

Nice to see the volume kicking in.

All the best,

Knife

Something is behind the Bush 

And how is that connected to our project, that hasn’t been sniffed in 10 years even though the majority of that time we have been de-risked and shovel ready?

The entire project has changed that’s why we need $100 million for our feasibility study.
We are told nothing by the company, including our rare earth element results that We have been waiting for, for two years and several weeks.

We have no idea how much water there is to worry about with the new ramp features, with RailVeyor. (IF)

But you can count on the company to feed us full of bullshit just to keep us from selling our shares IN ANTICIPATION of Rare Earth results prior to a SPAC and 1/10 our shares.

But god bless the E/O which brings every other miner to the same table we have been sitting at for 10 years, because of ridiculous forward looking statements.

And then there is NioCorp technologies UK
That makes NioCorp a multinational.

LMFAO! Trying to make hay over some directors only getting 88% - 90% of the vote, and that Mark Smith was "4th least liked" out of 7 nominees when he received over 94% of the vote? Look at any proxy election for a publicly traded company, even ones with no real shareholder negativity, and you are going to see pretty similar results. I vote in numerous proxy elections every year, and I have reasons I vote against certain directors, e.g. I never vote for a director standing for election who owns no shares or who owned no shares prior to being initially nominated. To read this board lately one would have thought there would be some huge shareholder backlash here, which did not occur just like we heard last year, but these are typical results.

I agree Walter. Reading everything together, the EO seems to remove a lot of roadblocks and is essentially an order to get the government processes, including EXIM to move much faster in this area.

Very good the election went how it did. Otherwise.... you know. We would still be sitting here printing shares, "working on raising that now", and all the BS you have spouted over the years would still be hanging over your skull at decade lows. DO NOT FORGET that IF anything happens here, allll of this is because of a single election, and NOT your bullshit.

This is the definition of "getting out by the skin of their asses".

https://www.reddit.com/r/NIOCORP_MINE/s/a9naWccgVc

They are already since years.....
Mark was never interested to sell and no one wanted to aquire.. 

Trump to Expand Critical Mineral Output Using Wartime Powers

https://finance.yahoo.com/news/trump-expand-critical-mineral-production-201457579.html

I guess we will find out within 30 days if you’re right. Or several weeks!

(f) Within 30 days of the date of this order, the President of the Export-Import Bank shall release recommended program guidance for the use of mineral and mineral production financing tools authorized under the Supply Chain Resiliency Initiative to secure United States offtake of global raw mineral feedstock for domestic minerals processing, as well as under the Make More in America Initiative to support domestic mineral production.

(g) Within 30 days of the date of this order, the Assistant Secretary of Defense for Industrial Base Policy shall convene buyers of minerals and work towards an announced request for bids to supply the minerals.

Let me add, it would seem to me that junior mining projects which are so well advanced and permitted would be an attractive acquisition target by large mining companies wanting to strengthen and diversify their foothold in the US.

If war time US presidential powers are not able to pull of Niocorp’s financing. than we might as well start learning Chinese or Russian and live ‘forever peaceful in a very orderly socialist world’.

U really think this is the last death line to pass for a first loan???
Any bets? 

from the link you shared

Within 30 days of the date of this order, the Secretary of Defense and the Secretary of Energy shall coordinate with the Secretary of Agriculture, the Administrator of the Small Business Administration, and the head of any other agency that provides or can provide loans, capital assistance, technical assistance, and working capital to domestic mineral production project sponsors to ensure that all private parties who enter into lease and commercial agreements under subsection (c) of this section can utilize as many favorable terms and conditions as are available under public assistance programs for these purposes, consistent with applicable law.ed

I read on financing ‘ all brakes are off’ , if that is a good expression,

double post sorry

https://financialpost.com/commodities/mining/trump-expand-critical-mineral-production-wartime-powers

Ok guys choke up the cost of the FS
Why can't you
Come on Jim and Mark
Your the edgimicated ones here and the bright boys with a pencil
choke out the cost of the third FS
we need it NOW not tomorrow or another year what is the COST

Very, very good for us: https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/

Spring March 21 , a new beginning. Finally. ‘ Drill baby Drill’.

The pre-spac vote? It doesn't matter which vote. 10-12% isn't a stand for anything. It doesn't send any message. It's not even close to achieving anything, especially when non-binding.
It invokes laughter. But whats new?

Actually, the vote against three of the directors was 10.35 to 11.18%. It’s enough to let them know people are fed up with their crap

You gave it your all in a sea of nearly 300M shares. Your defiant 0.15% fart was barely heard, but it was there. That's all that counts. You fought the good fight, and I applaud you.

Looks like Michael Masselli, Dean Kehler, and Michael Morris are not very well liked on the board of directors according to the official tally, Mark is running at 4th least liked.

Gerrymandering is the new Fake

The manipulation may involve "cracking" (diluting the voting power of the opposing party's supporters across many districts) or "packing" (concentrating the opposing party's voting power in one district to reduce their voting power in other districts).[

Sound familiar? Think SPAC and reverse split


The One time I voted against Mark was with 400,000 shares the very next year I had 40,000. And that was after Jim Sims told us several weeks for REE results, two years ago.

Gerrymandering

https://en.m.wikipedia.org/wiki/Gerrymandering