NioCorp Developments Ltd (NB)

At what point do people start saying it has been too long? Are people ok with going into fall without financing? Next year again? Might as well just keep holding if you have held this long i suppose.

It’s always next week. Next month. Soon. Imminent.
And while NioCorp management keeps moving the carrot another ten feet down the road, the years just keep piling up.

NioCorp received the EXIM Letter of Interest in March 2023. Management told shareholders the loan process would take 6 to 9 months.

SIX. TO. NINE. MONTHS. Let that sink in.

Here we are more than THREE YEARS LATER and NioCorp still has NOTHING finalized from EXIM.
But hey, shareholders have seen this movie before.
Remember the “imminent financing” in 2019?
How f*cking long is “imminent” in Mark Smith’s world?

At some point, you run out of excuses. You can’t keep blaming the market, COVID, Washington, permitting, lenders, geopolitical events, or whatever convenient excuse gets dragged out next. There are really only two possibilities:

Either NioCorp management habitually misleads shareholders…

Or they are so severely incompetent that they genuinely have no clue how long anything will take. Pick one.

Because after YEARS of missed timelines, failed expectations, vague promises, and endless “we’re almost there” bullshit, the benefit of the doubt is gone.

NioCorp management doesn’t have a credibility problem anymore. They have a credibility catastrophe.

The article is incorrect because they have not financed it yet. The binding traxys contract that is a "huge part of the exim approval" is not in place. Maybe next week.

7/8 was 2 weeks, so "a few" started 7/9. 4 weeks is a month.

I did not delete any posts. Moderators can no longer delete posts.

The go word is Simultaneously with the exempt Brazil Niobium Tariffs.

The Trump administration acknowledged this risk by explicitly exempting niobium from its 50 percent tariff on Brazil while simultaneously funding the first domestic niobium production capability in over six decades at the Elk Creek project in Nebraska.
***************
Tariffs on Brazilian niobium were officially exempt on August 6, 2025.

Our funding was for Scandium in August 2025.
BUT…….. read on
https://www.war.gov/News/Releases/Release/Article/4264389/department-of-defense-awards-10-million-to-develop-a-domestic-mine-to-master-al/

It will not matter at all because this is 3 years to production if we got the money today. Realistically 4.

A left leaning us government will have normalized realtions with jinping by then. The right is losing both houses this year and then losing the prez in 28 after all this geopolitical madness.

Critical Minerals Alert: Why This Monday (July 13) Could Matter

China just arrested two Japanese engineers at a rare earth processing facility in Dalian. Not for espionage — just for working there. Fuji Electric confirmed the detentions, and Japan is demanding answers.
This is reportedly the first time China has detained foreign nationals in a minerals-related incident. It’s an escalation.

The Deadline

This Monday, July 13, marks the end of the 180-day clock President Trump started under Section 232 (the same authority used for steel/aluminum tariffs). The Commerce Department is expected to deliver its report on critical minerals supply agreements and potential tariffs on Chinese processed materials.

What’s Happening

Chinese exports of key heavy rare earths (dysprosium, terbium) are down sharply YoY and are being blocked to U.S. Defense contractors.
Prices for neodymium-praseodymium (+21%), dysprosium (+25%), and germanium (+28%) have moved higher in recent weeks.
These materials are essential for F-35s, missiles, EVs, magnets, and AI/data center infrastructure.

Meanwhile, the U.S. continues high defense spending and massive AI buildout — both heavily dependent on materials where China dominates processing.

The Broader Picture

Dozens of countries have imposed export restrictions on critical minerals. The Pentagon’s proposed FY2027 budget is enormous, and the government is actively trying to build domestic resilience (Strategic Reserve, EXIM financing, etc.).

Companies positioned with U.S. deposits, offtake agreements, or defense-related partnerships are in focus.

What are your thoughts on the July 13 deadline in regards to NioCorp?

Thank you for posting!! Hope we get the news we need soon.

If they do its an SEC violation, so they better not know anything big that we don't. The texts online look like this will be funded, but that is dependent on actually delivering numbers and documents and private sector support (traxys) to convince exim to do so. So far its just lips flapping in the wind. This article is most likely bot generated crap. July 15th is the start of the definition of a "few weeks" at 3 since the verbage. What is more than a few? 6? LOL

https://www.geopoliticalmonitor.com/critical-minerals-global-niobium-supply-demand/

The Trump administration acknowledged this risk by explicitly exempting niobium from its 50 percent tariff on Brazil while simultaneously funding the first domestic niobium production capability in over six decades at the Elk Creek project in Nebraska.

Do they know something we do not know yet???

https://www.eenews.net/articles/trump-taps-former-pentagon-official-to-lead-critical-minerals-stockpile/

Derrrrrrp quiet period #10,251. You are correct! It is a quiet period.... because they have nothing to report. Maybe they will scab together another bullshit video to make some noise next month. That alone said we got nothing right now. Do they even have a capex that they want to report yet?

sequentially too.

You shouldn’t have logged in to check the board. All you did was get upset at the discourse that investors have about languishing decade low share prices and delete comments that weren’t putting Mark Smith and Jim Sims on a pedestal.

Shhhhhhh, the first rule about Fight Club, is no one talks about Fight Club!

I suggest you read up on the rules of what is a "quiet period"

Support is around $3.80, we’re going lower before we go higher imo

W Bottom

$4.28 low this week and last week

https://stockcharts.com/sc3/ui/?s=NB

https://money.tmx.com/advanced-chart/NB?chartSymbol=NB%3AUS

Imo next week all green

What's special about 7? 7 has not been a number here in a long time.

yeah because they dont know when it will be done. They dont even have capex most likely or its ugly AF.

another quiet period interesting... That has to be the 20th quiet period they have had. 😂

If NB pps doesn’t rebound back to above $7, I don’t expect much impacts even ExIm loan is approved.

Uhhhh, no they are not...they reported May 14th, so August 14th should be the next report.

They are in a quiet period now, until they report their quarterly

Good news from NioCorp
Mark Smith was able to find labor and only have to increase the CAPEX by $20 million. Great job Mark, here's a bonus.

Love the banter here...www.MarkSmithMustGo.com might need a sister site www.jimsimmsmustgo.com

My guess is they are making adjustments to EXIM's feedback on the FS OR they are trying to import workers from China with shovels to get that CAPEX down.

I did not use that term in any response to you. The point is the same. Everyone wants to know when the BFS will be released, and they are not going to respond with anything specific.

I did not ask for a specific date, I asked for an explanation regarding the delay. It was a reasonable question that he has answered before. Please stop mischaracterizing what I asked.

We all have the exact same access. It is the investor relations e-mail address for the company which goes to Jim Sims. I should never have logged in and checked the Board today as I have far better things to do.

It's not "whining"; it's legitimate criticism. How do you go from saying DFS would be released by the end of 2025 to then saying mid-March, then April, and now providing barely any updates at all?

Also, I never said anything about asking for an exact date, so I'm not sure why you brought that up.

Again, if you really have such good access, you could do the bare minimum and ask for an update. Many bulls/longs here have been flat or down on their investments for over a decade now.

I have shared many responses from Jim Sims and the company on the Board here. But he is not going to respond with a specific date on which the BFS will be released. Not to mention NB's management team is very busy and the last thing they need or worry about is some daily whining and hand wringing on this board or any other social media. Nothing posted means anything in the big picture anyway.

If that's the case, then why don't you use that privilege to ask Jim Sims about the DFS and many other important issues?

Many people here have invested money they earned through sweat and tears into this stock. If you have such good access, why not ask those questions and share the answers with everyone here?

My question from October

Good morning Mr. Sims,

Investors have heard from management that the new feasibility study would take 6 to 9 months once the money was raised. Last week at the red chip presentation, Mark said it would be another 5 to 6 months. That makes a total of 11 to 12 months from when the money was raised in April. Can you offer some insight into why the timeline changed?

Thanks in advance and have a great day,

His response

The delay was largely caused by the inability of our third-party analytical testing lab to process the more than 7,000 drill core samples we recently created via our drilling program. We have sped them up on the processing, and engaged a second lab to help with processing, but they will not be able to complete the work until sometime in December. That sets the entire FS process back a few months. There are many more companies conducting drilling campaigns in North America these days and so labs like this one are backed up.

However, the analytical work is moving forward at as rapid a pace as possible and the results to date are fantastic. We will issue analytical results in batches as the lab completes its work.

Jim

Sheeeesh! I don't carry water for anyone. Just stated facts. Jim is very responsive every time I reach out. SMFH

I'm asking him the exact same question he answered in October. In the past when I've asked him questions he can't answer, he has told me so when his response.

I respectfully disagree. I have always found Jim Sims to be very responsive and prompt in his replies. However, he will not reply when the inquiry calls for a response that would require dissemination of restricted non-public information.

In the can? Maybe still in the trash can. These cash bonuses were in no way due to the company hitting any big miletsones. They define the milestones. You have nice shoes! Here's Half a Mil!

They don't even have capex yet let alone financing in the can. They are getting the money out of the company should the worst happen. There is still plenty of money to drag this out like the last 10 years if this cools off and exim doesn't come through by the end of the year. We have the midterms and a weakened prez coming in 4.5 months. Plenty of money to operate the company and define more cash incentives past that if nothing drops. We are coming "a few weeks" time will tell.

Pack those parachutes boys. I don't blame you. I'm just glad I have my original capital safe while the rest of the acolytes "average down".

Interesting. Thanks for the info. Something must have changed because I've always used the same URL's in my browsers for years.

The official NioCorp website doesn't have www in it. You're getting an error because you're looking in the wrong place.

The official website is https://niocorp.com/

I find it rather interesting that NioCorp.com has been down for over a day now because of a “Error 1016,” which is a “Origin DNS error.” DNS stands for Domain Name Services.

NioCorp.com is registered with “GoDaddy”

The NioCorp.com registration is current, as they renew it annually, last time on 2/14/26 and it expires again on 2/13/27. Find it interesting that they are renewing their domain name annually rather than for an extended period-of-time, like 5 years or so.

If I had an online website and it was down for over a day, I would be looking for a new host.

OR

Maybe there is something else going on behind the scenes and they are intentionally keeping the site down.
WHO KNOWS - LOL?

NioCorp (NASDAQ: NB) adopts new bonus plan and 2026 cash awards.

NioCorp Developments Ltd. introduced a formal Company-wide annual incentive program and approved fiscal 2026 cash awards for its executives and other employees. The new Annual Incentive Program is designed to tie pay more closely to corporate milestones, safety, and individual performance across the organization.

Under the program for fiscal 2026, performance was weighted 45% on Board-approved corporate milestones related to project development, financing, permitting and execution readiness, 10% on safety results, and 45% on individual objectives. Cash awards for 2026 mark the first payouts under this structure, after no cash bonuses were paid to named executive officers for fiscal 2025.

For fiscal 2026, Chief Executive Officer Mark A. Smith received an approved award of $602,784, Chief Financial Officer Neal S. Shah received $345,621, and Chief Operating Officer Scott Honan received $378,197, generally payable around July 15, 2026.

https://www.stocktitan.net/sec-filings/NB/8-k-niocorp-developments-ltd-reports-material-event-4571daa6d4c5.html

Read up on spring-loaded stock options, I don't have a high opinion of management currently but I don't think they'd do it.

Mark just got over $600k cash bonus and almost 300k stock options. Pretty rich given all his missed timelines imo.

That is Niocorp’s Chief Communications Officer🫠 I would say that he’s not very good at communicating! Niocorp management has shown disdain for the retail investors that kept them going for the past decade.

Honest question.....why do you feel they aren't in a quiet period if they are handing out cheap shares? I haven't fully checked in on what the recent distro was for their awards or performance bonuses or whatever they're calling them. Thanks.

Sent the following to Jim 3 times recently, no response. They aren't in a quiet period with impending news if they are handing out cheap stock options, not sure why the silent treatment.

Good afternoon Mr Sims,

Last October I emailed you about the timeline for completing the feasibility study. Management had long stated 6 to 9 months after the money was raised but during a red chip presentation in October Mark said it would be 5 to 6 more months.

At that time you responded that the delay was largely caused by the analytical testing Lab processing more than 7,000 core samples. 8 months have passed since then. Can you offer some insight into why we are still waiting for the completed feasibility study?

Thank you and have a great day,

Management should wait just as long as shareholders to be rewarded....EOM