NioCorp Developments Ltd (NB) Options

Everything is political,
But, now they should know that China is on the brick to lead the economic of the world. So whoever wins the election should, is aware that decades are coming and not just one election period....

Hoping for the best, preparing for the.... 

haha...... yeah it is KRAZY out here in Cali...... the politicians have systematically destroyed everything they have touched..... but you will never see any of that in the media...... people are being duped and not seeing the carnage........ back to the point..... we need people who do the right thing, not people who talk and talk and do nothing but cater to their bi coastal elite constituency and outsource our national security, supply lines, etc., if people haven't seen it yet they will soon see how bad things can actually get....... In order to have success with NB we need a leader who knows the urgency...... period!! figure it out if you haven't already........

NCT

GMan- agree with you 100%, she says whatever she thinks she needs to say to get elected...... does not interviews, when they do let her say a few words off script, it turns into a disaster..... she has no idea what elements and minerals even are, her handlers are feeding her the lines..... The enviro wacko crowd wants EV's but does not know the math behind the energy needs and DOMESTIC mining (not just saying mining and then begging everyone around the world to produce elements/minerals for us..... that is the same shell game they are playing at the border, when they come out and tell citizens that the border is closed and there is no crisis, and news (both sides) shows the border wide open, gangs, cartels, human trafficking and drugs/fentanol pouring thru the border...... no other country on earth would let this happen to their border...... so if you are putting your eggs in the Harris basket- then you probably have not been paying attention to what has happened in the country (including the shell game with elements/minerals) over their last 4 years........ need to watch what they DO not what they SAY....... this current admin (who hides from giving interviews about their positions has mastered double speak, and word salads) is that really hard to see? or figure out? DOH.......The best candidate for the future of our country's element/mineral supply line, as well as national security, could not be any clearer.....

NCT

Posting reality instead of perpetuating gaslighting doesn't make something political. I initially bought into the hype from this administration that they actually wanted to pursue new domestic mining. Now it's looking more and more like that might not be the case. Wouldn't be the first time politicians politicked. The US has an election in a month that could potentially impact funding/permitting for this project. It's important that investors have all the information available to make the right choice.

I posted an Obama link because he was the president before trump and therefore if you read what I said in my post there should be no confusion unless you want to put your own spin onto what I meant.

You could have just posted the link for George Bush without implying what I was meaning.

Thanks for understanding Trump and Biden were each one of many.
And it’s for you to decide who did the most in their four years.

I hope it doesn’t take 50 years for someone to start working on Trumps Space Force

You posted a link to Obama's White House. I guess readers can decide what you meant.

Regarding EXIM - yep, Biden included it in the MMIA. Remember the chasm I mentioned? Do they really wholeheartedly support the idea when it comes to new domestic mines? And, while the Elk Creek project is on private land, the decision to pursue federal funding subjects the project to significantly more federal scrutiny and regulation.

https://thebreakthrough.org/issues/energy/arbitrary-decision-making-means-more-stalled-mine-projects-on-federal-lands
Arbitrary Decision Making Means More Stalled Mine Projects on Federal Lands
The Case Against Subjectivity in Regulatory Oversight
Sep 26, 2024
Environmental reformers in Congress and the Biden administration seem to think that giving federal agencies greater discretion to block mining projects is somehow good for the nation’s critical mineral strategy. Recent draft bills, regulatory rule makings, and agency reports have repeatedly proposed changes to allow permitting agencies to deny mine permits or prohibit mining on federal lands based on a variety of vague criteria with wide latitude for interpretation. Such proposals would only enable future administrations to block proposed mines for short-term political gains, while further increasing policy uncertainty for domestic mineral projects.
While the Bipartisan Infrastructure Law directed permitting efficiency improvements, some staff appear to see domestic regulatory burdens as positive changes, noting that “[t]he American public must have confidence that the minerals and materials used in our electric vehicle batteries, smartphones, solar panels, and other technology are sourced under responsible social, environmental, and labor standards.” This perspective, however, suggests that pursuing critical minerals strategies requires a comprehensive regulatory overhaul despite agencies enforcing already world-class safeguards and permitting standards.
Aren't you in Canada?

I didn’t say it was Obama’s idea, and I know it goes back a long long ways, in all my DD.
I’m sure you have done due diligence and know some of the former joint chiefs of staff and particularly from Bush administration are embedded in critical minerals.

So it’s not political at all, it’s been years.

How does posting facts with sources make it a political thread? Seems like you'd like to do that, though!

Trump gets the credit because he did it. He put it in an executive order. It actually goes back even further to Bush.
Bush’s regulators have also made a start at simplifying the mine-permitting process that the industry views as a galling octopus of state and federal agencies. It can take a dolly to cart around the application papers needed for a single permit.
https://www.nbcnews.com/id/wbna4422226

So yeah, you're right, it wasn't technically his idea but it certainly wasn't Obama's.

The word "permit" doesn't even appear in your link. In 2010, Republicans picked up 63 seats in the House in the middle of Obama's term and tried to do something about it. It died in the Democrat run Senate.

House Passes Bipartisan Strategic and Critical Minerals Bill to Create U.S. Jobs and Strengthen National Security
Obama Admin ‘Strongly Opposes’ New American Mining and Manufacturing Jobs, Chooses to Protect Government Bureaucracy and Red Tape Over Insourcing Jobs
WASHINGTON, D.C., July 12, 2012
The bill would streamline government red tape to allow the U.S. to more efficiently develop our Nation's strategic and critical minerals, such as rare earth elements, that are vital to job creation, American economic competitiveness and national security.
President Obama can give speech after speech claiming support for insourcing jobs, but when he could take action to make that happen, the Obama Administration instead sides with protecting government bureaucracy and red-tape over job creation.
In the 2012 ranking of countries for mining investment, the United States ranked last in permitting delays. Duplicative regulations, bureaucratic inefficiency, and lack of coordination between federal agencies are threatening the economic recovery of my home state and jeopardizing our national security.
https://naturalresources.house.gov/news/documentsingle.aspx?DocumentID=302973

Aren't you in Canada?

Agree with your last sentence 100%

It wasn’t his idea.

You give him too much credit.

It was Biden who changed the agenda for EXIM to put focus on US Mining wasn’t it?

https://obamawhitehouse.archives.gov/blog/2014/08/08/new-request-information-inform-strategy-critical-materials

Don’t make this a political thread.

Yeah, I read that but I didn't think it was worth posting because she doesn't want it coming from mines in the USA., and why I felt compelled to share a little reality. Why hasn't she done anything about it to-date when Trump made it a priority starting 7 years ago? You know Biden/Harris sold down our strategic petroleum reserve to the lowest level in 40 years for political purposes in 2022 right before an election, right? There's a huge chasm between what politicians say and what they actually do. She's been stealing Trump's previously stated plans and using them as her own to try to look more reasonable. And she doesn't say anything of substance or answer any direct questions, her staff and campaign do. 76 days with no formal press conference since becoming the nominee. The election is a month away and voting has already started. She won't lock herself in to ANY of these claims for what she'll supposedly do.

Mine permitting reform! Trump called for this in his 2017 executive order!
(d) streamlining leasing and permitting processes to expedite exploration, production, processing, reprocessing, recycling, and domestic refining of critical minerals.
No tax on tips
Expanded child tax credit
Blocking sale of U.S. Steel
Eliminate degree requirement for fed jobs - Trump already did this in 2020

https://nypost.com/2024/09/02/us-news/kamala-harris-to-announce-latest-policy-stolen-from-trump-campaign/
https://www.govexec.com/pay-benefits/2020/06/trump-sign-executive-order-overhaul-federal-hiring-process/166471/
https://nypost.com/2024/05/21/us-news/biden-sells-off-gasoline-reserves-to-keep-prices-low-before-election/
https://www.axios.com/2022/11/02/biden-strategic-petroleum-reserve-oil-levels
https://www.foxnews.com/politics/biden-admin-moves-shut-down-mine-eco-concerns-green-energy-push
https://www.politico.com/news/2024/04/19/biden-oil-mining-alaska-restrictions-00153219
https://www.npr.org/2024/05/16/1251856806/biden-ending-new-leases-in-americas-top-coal-region
https://coloradosun.com/2024/04/03/biden-mineral-withdrawal-thompson-divide/
https://www.foxbusiness.com/politics/biden-slaps-20-year-mining-ban-on-minnesota-land-give-more-power-china

I could go on, but you can do your own research if you want to. Keep in mind Google leans left and often hides things they don't agree with on Page 2 (or more) of the searches.

Aren't you in Canada? You also might notice that the author doesn't seem to be a big Trump fan
https://www.yahoo.com/author/ben-werschkul/

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), opens new tab, ioneer (INR.AX), opens new tab, Lithium Americas (LAC.TO), opens new tab, 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..

I guess we know why the decision is being made to recycle batteries at the site.
***********

Quote from previous link

And in her recent speech, Harris also outlined a significant carrot for manufacturers as well as for the miners of critical minerals: permitting reform to get projects off the ground quicker.

"Projects take too long to go from concept to reality," she said in her speech, adding, "I will tell you this: China is not moving slowly and we can't afford to either."

https://finance.yahoo.com/news/why-kamala-harris-says-we-need-a-national-reserve-for-critical-minerals-080016841.html

Biden-Harris Undermine Crucial Copper Industry
Posted on Friday, October 4, 2024

https://amac.us/newsline/economy/biden-harris-undermine-crucial-copper-industry/

While Biden and Harris both claim that they believe in “made in America” principles, their approach to domestic mining is just one more example of how their policies undermine their stated goals.

The U.S. would likely see a new direction – or rather a return to an old one – should Donald Trump retake the presidency this November. During his first term, Trump prioritized new mining projects while also balancing environmental concerns.

Gman- Great Find! this is very encouraging instead of just hearing talk and more gubmint talk and nothing getting done for many years, while the gaping hole in national security remains. Hope springs eternal that we can get people at the top of gubmint making the correct adult decisions (regarding domestic resource mining, supply lines, elements/minerals, etc....) to match the dire national security urgency for the citizens......Our US gubmint has let us down in so many ways, it is time to correct this part of their dereliction....... they have had 25 years to engage and correct and have FAILED miserably...... hopefully a new day / era is dawning....... yaddda yadddda

NCT- I think i might see the light at the end of the tunnel- and hopefully it isn't another train!! :) (unless it's a capex saving RailVeyor train.... hahahaha)
LET's GO NIOCORP..... you CAN DO THIS!! one foot in front of the other..... baby steps..... but don't take a friggin' YEAR between every step for cripe's sake!!!

President Trump said the following in 2020, a month before he was voted out.

"We will put our miners back to work."
President Donald J. Trump

What's been accomplished since? No new mines.

Current administration:

https://www.prnewswire.com/news-releases/united-states-ranks-next-to-last-in-development-time-for-new-mines-that-produce-critical-minerals-for-energy-transition-sp-global-finds-302199858.html
NEW YORK, July 18, 2024 /PRNewswire/ -- The United States has the second longest lead times in the world for developing a new mine for the critical minerals that are vital to the energy transition, according to new report by S&P Global.* The report, Mine Development Times: The U.S. in Perspective found that it takes an average of 29 years for such mines to go from discovery to production in the United States, longer than any other country except Zambia (34 years).
President Trump's record:

2017 - https://www.federalregister.gov/documents/2017/12/26/2017-27899/a-federal-strategy-to-ensure-secure-and-reliable-supplies-of-critical-minerals
Sec. 3
Policy.

It shall be the policy of the Federal Government to reduce the Nation's vulnerability to disruptions in the supply of critical minerals, which constitutes a strategic vulnerability for the security and prosperity of the United States. The United States will further this policy for the benefit of the American people and in a safe and environmentally responsible manner, by:

(a) identifying new sources of critical minerals;

(b) increasing activity at all levels of the supply chain, including exploration, mining, concentration, separation, alloying, recycling, and reprocessing critical minerals;

(c) ensuring that our miners and producers have electronic access to the most advanced topographic, geologic, and geophysical data within U.S. territory to the extent permitted by law and subject to appropriate limitations for purposes of privacy and security, including appropriate limitations to protect critical infrastructure data such as those related to national security areas; and

(d) streamlining leasing and permitting processes to expedite exploration, production, processing, reprocessing, recycling, and domestic refining of critical minerals.
2019 - https://westerncaucus.house.gov/news/documentsingle.aspx?DocumentID=3040
Our present reliance on foreign nations – particularly those of questionable stability and demonstrated hostile intentions towards the United States – for critical minerals constitutes a serious national security risk which increases by orders of magnitude the more import-reliant our country becomes.

Few countries can rival our abundance of mineral resources but even fewer have a permitting system as inefficient and duplicative as the U.S. While we need to open new rare earth and mineral processing facilities in the U.S., we also need to improve the process for domestic mining. The average permitting timeline for a mining operation in the U.S. is 7-10 years. Other countries are getting through the same process in 2-3 years.
2020 - https://trumpwhitehouse.archives.gov/briefings-statements/president-donald-j-trump-protecting-domestic-mining-industry-critical-minerals-supply-chains/

President Donald J. Trump Is Protecting Our Domestic Mining Industry and Critical Minerals Supply Chains Economy & Jobs
Issued on: September 30, 2020

Quote:
"We will put our miners back to work."
President Donald J. Trump

SECURING SUPPLY CHAINS: President Donald J. Trump is taking further action to ensure that our economic prosperity and national security do not depend on imports from our adversaries.

-Today, President Trump is signing an Executive Order and declaring a National Emergency to expand the domestic mining industry, support mining jobs, alleviate unnecessary permitting delays, and reduce our Nation’s dependence on China for critical minerals.
-The Order begins the process for the Department of the Interior to develop a program to use its authorities under the Defense Production Act (DPA) to fund mineral processing that protects our national security.
-The action will cut down on unnecessary delays in permitting actions, providing Americans opportunities for jobs and improving economic and national security.
-Through this Order, Federal agencies will use their authorities to investigate and work to decrease our Nation’s reliance on minerals imports.
-The President will continue to protect our domestic supply chains for critical minerals from predatory Chinese action.

RESTORING THE AMERICAN MINING INDUSTRY: President Trump’s action will accelerate the reopening and expansion of our mines and processing plants.
-Over the last several decades, our Nation’s mining industry has suffered due to political inaction, a broken permitting process, and predatory foreign competition from China.
-The United States is heavily reliant on imports of numerous critical minerals that are critical to America’s national security and economic prosperity, despite the presence of significant sources of some of these minerals across the United States.
-During his first year in office, President Trump took action to implement a Federal strategy to ensure secure and reliable supplies of critical minerals.
-In 2019, President Trump signed five Presidential Determinations finding that domestic production of rare earth elements and materials is essential to the national defense.
-Through this new Order, more funding will be available to help mining projects, thereby strengthening our economy and improving our national security.

ACCELERATING THE ECONOMIC RECOVERY: The action builds on President Trump’s commitment to restore and strengthen our economy as we continue to recover.
-Through this Executive Order, the President is once again taking decisive action to put Americans back to work and restore economic growth.
-The Trump Administration has already worked to reform burdensome and outdated bureaucratic processes that prevent vital infrastructure projects from moving forward.
-President Trump placed a pause on new immigrant visas through the end of the year to ensure that we continue putting American workers first during our ongoing coronavirus recovery.
-The President signed an Executive Order to increase American production of essential medical supplies and cut down our reliance on foreign producers of medicines.
-The Trump Administration has leveraged the DPA dozens of times to support production of critical medical equipment by American companies and protect American workers.

Maybe it will take a new administration to fast track the EXIM loan approval. I can understand why EXIM wouldnt want to pay NB bills if the project hasn't been approved for the loan yet but think they would be helpful to loan or grant money to finish drilling and the FS now that MS has stepped up to the plate to loan money to pay monthly bills. History has shown us, they can always find a way to raise dilution inducing loans or sell shares. That's all good, but, while the company finds effective ways to stay afloat (they always seem to), they need to get on the stick, finish the drilling, update the FS and secure EXIM financing approval. Like yesterday! JMO

His predictions have been wrong for the past decade. I don’t believe anything. Just hoping to get out with what I have, but as you say, it’s not looking good

maybe THIS time you are correct. Hopefully. You gotta hit the target someday eventually. 🤞

to me it is clear that the lenders expect that Niocorp will repay that amount with funds to be received from other sources.

No dilution till we pay the loan and the interest. Hopefully that will be with better money.

Here we are
with Marks non dilution Loan
the rest is open... 

What's the 'over/under' that they are pushing debt out until Jan '25 b/c they have some kind of non-binding, unofficial, verbal committment fr EXIM on a pre loan loan to cover the DD, drilling and any other prereq shit required to satisfy the requirements for the 'Mother Lode Loan, i.e., $800M).... that's what i'm hoping for.... it would make sense.... and in the absence of any other news from company , im gonna hope for that...... looks like '24 is gonna go down in the books without a bang.... or even a little thud..... oh well.......

NCT

I hope this is in legit anticipation of something real occurring in that time frame, and not just a last ditch inch forward to wait for the phone to ring before the next weird financial vehicle that isn't a usable sum of money for the project, or worse.

It does beg to ask why this now and what are they expecting? The 8M go nowhere weirdo deal begged the same questions and the answer was "nothing" but debt up to the CEO IOU deal. 🤷

okay

I’m guessing interest and penalties

Negotiated as per the article.

I wasn’t in on the negotiations, so you will have to ask NioCorp

Perhaps but I look at it differently.

Perhaps something is behind the bush but they can’t get it out of the bush before 2025.
Otherwise why would they move the maturity date?

Additionally, the maturity date of the notes has been extended from December 31, 2024, to January 31, 2025.

Where is 1.512 coming from, the original news release said the payments were to be 1.4?

Thank you 

This time "between now and January"
Something is in the bushes.....

Thank you Richard

https://uk.investing.com/news/company-news/niocorp-amends-debt-terms-with-lenders-93CH-3722023

Yes, I meant to send that to Prudent Capitalist

2 million covered October's 1.4 million payment on the loan from April and a bit extra. They'll need more money for November and December payments. Weeks not months.

The good thing is I think a new bridge finance seems not necessary until they can deliver........
2 million pay the headcount and bit consulting JPMorgan for months.... 

Reply to wrong person? I know drilling is required

WRONG! Scott states at 52:00 on the video that a “drilling program is required”! Scott continues to state that the drilling program will take approximately 3 months and the engineering study that’s required will take approximately 9 months.

What is so hard to understand? Stop trying to gaslight people

Clearly some bots, algos, meme traders are using these wt’s (which have a collapsed float thanks to you) as a plaything. Please tell you had some of your cheap purchases (at least) hung out on offer as various levels.

Of course I’m not certain, because Mark Smith said it.
(In his his RailVeyor video)

Not much he says turns out to be true.

Sept 30 $2.37 high. Three days later we close @ $1.77
Support after support down????

60 cents.

"Exim asked for additional ore reserve information that we will have to get for them"

Listen to The railveyor q&a again.

Here is Jim's response from a couple weeks ago.

Portions of the work required to update the FS are now completed, others are expected to be completed in 2024/2025, but all of this work, and the expected timing of completion, is contingent upon additional funding. As that funding is secured, we will notify the market in widely disseminated news releases. Additionally, we are in the midst of discussions with EXIM as to what FS-level data will be required for our loan processing, and what will not be required. That is an ongoing discussion. We will report to the market specifics on the progress we are making once determinations are made with our prospective lenders and investors.

Putz, you state that NB is "now required" to do extra drilling. Are you certain about that? I had understood it was more along the lines of they might request some additional drilling samples. Time will tell.

Why not??

Very strange, even with volume..

Instrument NB down
Warrant Niobw  Up

Make no sense.... 

Australian, but good broad overview white paper on
Critical Minerals and Materials
The sustainable supply of materials for the clean energy transition
mentioning niobium, scandium, titanium, neodymium, praseodymium, and dysprosium

https://www.sydney.edu.au/content/dam/corporate/documents/net-zero-institute/nzi_critical_materials_white_paper_oct2024.pdf

Why would NIOBW be up over 200%, almost 300% today, with volume???? Anyone

Time to take notice of niobium

https://cpmgroup.com/time-to-take-notice-of-niobium/
There has been a noticeable uptick in interest in niobium of late. In our view, this is worth pondering.
While niobium may be 1% of the cathode, it can be 50% or more of the anode, hence the potential demand in batteries could be as large as the existing niobium market.

The potential in batteries explains the rush of interest in niobium but, as with everything in mining, the story told to investors is seldom the whole story.
The market is growing, and none of the established miners (other than CBMM) produces niobium oxide, the form of niobium needed for batteries.

Can't say for sure, but could have been that, according to these charts, rare earths prices fell off a cliff at the end of 2012, and that the separation process was no longer economically viable, so the company changed focus in 2013. Just speculating based on what's out there.

https://strategicmetalsinvest.com/5-year-prices/

https://www.niocorp.com/niocorp-completes-name-change-formerly-quantum-rare-earth-developments-corp/

About the same time, Niobium consumption and prices were on the rise

https://d9-wret.s3.us-west-2.amazonaws.com/assets/palladium/production/mineral-pubs/niobium/myb1-2012-niobi.pdf

Elk Creek was the 2nd largest (or better) Niobium source in the U.S. behind MP

https://www.niocorp.com/niocorps-elk-creek-project-confirmed-as-the-second-largest-indicated-or-better-rare-earth-resource-in-the-u-s/

Electric car sales were on the rise, so scandium may have looked more attractive

https://cleantechnica.com/2014/01/07/ev-sales-228-88-2013-2013-electric-hybrid-vehicle-sales-report/

Can you believe that I gain back $250k back from NIOBW so far this morning.

They should have had all this REE stuff done years ago, Along with all the extra drilling they are now required to do. (oooops)
But I’m sure all that dilution was well spent on other things. NOT

But instead Mark chose to do nothing with rare earth elements and you have to wonder, why?

Now all that the commercial scale plant “results”, are going to “result” in, is getting us possibly back to where we were when the SPAC deal was done.

I would call that not in investors best interest and very concerning. Due to the fact “they” lied about everything, to Feb 2021. (Oh by the way) We used to be called quantum rare earth.
Like nobody knows.

Of course there was lots of help keeping that lie going by people who no longer seem to post anymore

Putz: I believe the focus for management is still on 3 things: Advancing the EXIM loan process (nothing has happened since EXIM issued the Preliminary Indicative Term sheet to NB on May 6th of this year to indicate things are not progressing forward); Securing the $10 Million DOD Appropriation contained in the 2024 NDAA; and continuing discussions toward final agreements with Stellantis on the final offtake agreement and a substantial equity investment. I have no idea if Yorkville will be tapped again. Hope not.