NioCorp Developments Ltd (NB) Options

His maximum share count would be over 4.5 million if the B shares vest as you describe and his warrants end up in the money. The below does not include unvested b shares, only the ones he's already entitled to. The recent pp is not reflected below. Warrants are included so I don't think it's fair to say he has 3.4 million shares.

As of the date hereof, the Reporting Person beneficially owns 3,450,369 Common Shares consisting of: (i) 78,003 Common Shares held by the Reporting Person, (ii) 1,122,820 Class B Shares of ECRC held by the Reporting Person, which are exchangeable at any time into Common Shares on a one-for-one basis, (iii) 1,853,073 Common Shares issuable upon exercise of the Private Warrants held by the Reporting Person, (iv) 78,003 Common Shares issuable upon exercise of the December 2023 Warrants held by the Reporting Person, and (v) 318,470 Class B Shares of ECRC held by the Trust, which are exchangeable at any time into Common Shares on a one-for-one basis. The amount reported herein excludes the unvested Class B Shares of ECRC held by the Reporting Person and the Trust

Hear ya go putz. The 134,580 number is how many common share Dean owns after participating in 2 private placements.

He also has over 1.4 million vested class b shares that he can exchange for common shares 1-1 at anytime at no cost. Plus he has unvested b shares and warrants totaling around 3.1 million that seem unlikely to ever be worth anything.

Seems like t&t and PC are both wrong. From filing dated 1/17/2024-

As of the date hereof, the Reporting Person beneficially owns 3,450,369 Common Shares consisting of: (i) 78,003 Common Shares held by the Reporting Person, (ii) 1,122,820 Class B Shares of ECRC held by the Reporting Person, which are exchangeable at any time into Common Shares on a one-for-one basis, (iii) 1,853,073 Common Shares issuable upon exercise of the Private Warrants held by the Reporting Person, (iv) 78,003 Common Shares issuable upon exercise of the December 2023 Warrants held by the Reporting Person, and (v) 318,470 Class B Shares of ECRC held by the Trust, which are exchangeable at any time into Common Shares on a one-for-one basis. The amount reported herein excludes the unvested Class B Shares of ECRC held by the Reporting Person and the Trust

See that's the fun part. "acceptable" to who? They are gonna do whatever they decide is correct. It may be the only way to stay on the nasdaq due to listing requirements if nothing changes. Vote all ya want.

1,5 years later...

The risk for shorter was close to zero, 

So if Mark wants not take everything private for himself and his friends, > 30 % he should better represent 2025 value...  Another resplit would not ne acceptable 

Look into fintel

Pls look insider and institutions 

Than you will understand 

Does anyone want to buy it? That is the big question. Nobody really seems interested in this ore body and that is really starting to scare me. Nobody wants to risk the money to finance it and even the US government who is so hungry for minerals is not real serious about it. We just sort of found out there has not been any real "exim progress" and exim appears to be the last hope.

I believed the hype and chatter almost 10 years ago and now this really is not looking good. I started with 150,000 shares and I wont be surprised to have 1500 shares by summer 2025.

I'm so far into the red I might as well just let it all go as punishment for not selling immediately before the spacfuck for an actual profit. I had the order made and just didn't click it.

10q out for the quarter ending 9/30

https://www.streetinsider.com/dr/news.php?id=23974230&gfv=1

Page 27 shows 6 transactions in September resulting in 400k shares dilution for $700k cash total from Yorkville. Are they drawing again on the original agreement from last year? I wonder if this has continued in October and november?

Still 4.2 million class b shares yet to convert, maybe that explains part of the discrepancy?

So did Dean sell all of his outstanding shares? Keeping only warrants?

Please reason out for me, the discrepancy between how many shares I believe he and his family got from the SPAC deal and how many he has now?

I must be missing something important. Like my brain!

I took it as Wagner meaning it would be the last straw, and even the die hard supporters of Mark must have tolerant limits.

Is 2026 yours?
As soon as possible in 2027?

***********
I can only presume, you, just like the rest of us, are not being reimbursed for Mark’s lousy choices,

where did I ever say that?

It’s definitely no secret that Mark Smith never fails to disappoint.

The trouble is, Mark can’t seem to piggyback each newsworthy reason for speedy success.

Most recent being the Ukrainian war which should have affected the emphasis on, and the price of, titanium big time.
But it’s now water under the bridge, even though titanium is expected to keep going higher.
I have no doubt the next newsworthy reason for our success will go by just as quickly.

You can go all the way back to CBMM expanding there production capacity rather than Mark’s, (ahem) good buddies investing in NioCorp to take advantage of Donald’s or Joe’s CM advances.

With friends like that no wonder we have our current board of directors.

🤷🏼‍♂️

Everyone can read the past.... Last 15 years

If not able to finalize the finance 2025 even Walter and his group would welcome a sale to someone for good price 
Rio Tinto or others

No, they can do another reverse split and really screw over all the original retail investors. There’s a reason all the Niocorp management team were given a ludicrous amount of warrants and options. They could loose everything from their initial investment and still walk away very wealthy.

Just look at what Dean Kehler and his goons have done to Celularity since their SPAC with them. They have destroyed the original investors equity in the company with TWO 1 for 10 splits!!! Investors now have one hundredth of the equity they had in the company in less than three years.

https://equity.guru/video/niocorp-developments-an-underappreciated-find-in-the-critical-minerals-sector/

That was nothing..... 2025 becomes reality or nasdaq Delisting 

LMAO everyone says that-- "do you own DD". Do all the DD in the world. All the minnows and whales that chose to throw money into this hole are in the same boat here. This is speculative penny investing with a massive risk no matter how much the crowd says "de-risked" or "shovel ready". Give me a break.

Good versus bad....

Good to have outlined plan not import who is the name in Washington DC.. 

Bad, 800,000 shares shorted against a fast turnaround. 

Do your own dd.... 

PC, it wasn't "suggested" by some anonymous internet troll that EXIM required more drilling, it came directly from Mark at the end of the railveyor presentation 5-6 months ago-

"I don't get the impression from XM that they expect a feasibility study to be done what they need are those two technical points which is the feasibility study level engineering for the new process flow and the additional resource work that takes us to proven from probable reserves."

That is a verbatim quote. At that same time, Scott quoted nine months for the above work.

Are you at all alarmed that the company still does not know what it needs to complete an application after all this time?

The carrot ahead of the horse. The obscene salaries and bonuses on the stupid fishes dime can last another decade because they are really, really stupid.

The timing 6-9 months is frustrating but mention that the DOD funding for drilling and FS is encouraging. Finding funding for these 2 items has always been the obstacle. Hopefully JS works his DOD contacts so we can this project back on track.

Prudential: thanks for posting this response from Jim..
I just wonder WHY WERE WE NOT ALL TOLD THIS STATUS ALREADY!!
AND ARE YOU F'ING KIDDING ME... 6-9 MONTHS ON THE FS! WE HAVE HEARD SO MANY DIFF'T STORIES ON THIS FS TIMING!!!
Just shaking my head..... so many table scraps being fed to the retail investor base..... and the frustrating part is that WE DO NOT KNOW WHEN THE CLOCK STARTS ON FS UPDATING?? i guess we just now learned that it will take 6-9 months!! there goes another year after this lame 2024 event-free YEAR! This SHIT is beyond frustrating.... UNbelievable....
Bottom Line: They are buying themselves yet another 6-9 MONTHS.... there's been a pattern emerging here in Nio-Ville whereby we hear that this or that or the other milestone "will take 6-9 months", that is the standard response to keep the shareholders at bay..... at least for another '6-9 months'..... that is also the approximate frequency of IR status reports....Maximum dissappointment.. UGH!!!!!!!!!!!!
oh and BTW they just discovered a Trillion $$ REE/CE Ore body in Wyoming..... gosh that will probably influence the economics of our project....

Ok great. This is an example of one thing that frustrates me. FuCkInG saaaay that publicly instead of waiting to reply to some email. They snuck that into end of the railveyor commercial and it stuck. I hope that wasn't the ultra optimistic answer and the decision really has not been made. It also pisses me off that they still haven't made that final decision. So much for "exim progress". 1.39 today and lower in the future until some real money comes in.

Thanks for sharing!!

Sounds relastic 

I submitted these questions to the company today and received the response below:

I have seen it suggested that EXIM is requiring NioCorp to complete 9 months of additional drilling before it can advance or approve our application. Is that accurate, and if so, will that delay completion of the updated Feasibility Study?

Also, can you provide any update on the DOD appropriation or Stellantis situation in terms of a formal offtake agreement or equity investment? Thanks.

Response received this afternoon:

EXIM has not yet made a final decision on whether or not they would like to see us conduct some additional drilling sufficient to move a portion of our probable reserves to proven reserves. If they do request this, we can complete that drilling campaign in about 12 weeks, and that drilling will not impact the time for completion of the Feasibility Study update, which is estimated between 6-9 months. Regardless, we are seeking funding from the U.S. Department of Defense sufficient to cover both the costs of completing the requisite Feasibility Study-level work that EXIM requires and the costs of the additional drilling.

We will publicly announce any material developments on DoD funding, a Stellantis offtake agreement, and other ongoing initiatives when they occur.

Best,

Jim Sims
Chief Communications Officer
NioCorp Developments Ltd.
Jim.sims@niocorp.com
+1 (303) 503-6203
https://www.niocorp.com

CDH: I have never understood there to have been any "requirement" or "assignment" to NioCorp from EXIM to do more drilling. I submitted a question to the company earlier today on this and a couple of other things. Just received the reply and posted it in reply to this message.

By the time US military hardwares can not functions , even at maintenance level would run into problems then a lot of people in government, elected or non- elected will pay much attentions.

Making of that old bulky Patriot missiles how many people knew it needs chips made by China?

“ This EXIM loan has become a joke “

It sure was hyped up though.

Gee, I wonder by who? Actually I’m sure there are a good number of people on this board who know exactly who!!

This EXIM loan has become a joke. Albeit not a very funny one. They seem to hand out these letters of interest out like participation trophies.

Mark, where’s all the competitive tension between lenders for Niocorp at?!?!?

https://www.reuters.com/markets/commodities/perpetua-resources-gets-nod-seek-18-bln-us-loan-antimony-mine-2024-04-08/

Critical Minerals & the Midwest: Legislators take deep dive at November policy workshop
November 21, 2024 By Tim Anderson

https://csgmidwest.org/2024/11/21/critical-minerals-the-midwest-legislators-take-deep-dive-at-november-policy-workshop/
In November, lawmakers from seven Midwestern states and two Canadian provinces traveled to Chicago for a two-day learning opportunity that deepened their understanding about critical minerals and related pubic policies.

The workshop was held as part of the work of two policy committees of The Council of State Governments’ bipartisan, binational Midwestern Legislative Conference (MLC): Energy and Environment and Midwest-Canada Relations.

Attendees included legislators from Indiana, Iowa, Kansas, Manitoba, Minnesota, North Dakota, Ohio, Ontario and Wisconsin. They were joined by leading national and international experts from the U.S. Geological Survey, the Geolological Survey of Canada, the Illinois State Geological Survey, the province of Québec, the Critical Minerals Institute and the Rocky Mountain Institute.
But no Nebraska in the house? At least the word is getting out!

Presentations:
https://csgmidwest.org/event/critical-minerals-the-midwest-a-policy-workshop-for-legislators/

At least Elk Creek is on the map and even got highlighted as an "oddball intrusion" on Page 21
https://csgmidwest.org/wp-content/uploads/2024/11/Reduced_Jones-MLC-Workshop-Nov2024.pdf




Niocorp got it's own slide in this presentation on Page 16
https://csgmidwest.org/wp-content/uploads/2024/11/Sanderson_2024_11_05_WarforCriticalMinerals.pdf




This presentation highlights Niobium, Scandium, and Magnet Minerals
https://csgmidwest.org/wp-content/uploads/2024/11/Reduced_Bopp_Defining-Critical-Minerals-Their-Uses_final.pdf

Hi I had no problem getting to it and printing it.

Thanks for post the link here.

Scroll down to see we are mentioned under Bonus stocks to keep an eye on:
https://finance.yahoo.com/news/2-stocks-buy-china-tightens-000000898.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMz9xW3e1_n90YajOb7wLBlNMHVH48y-CtL5gVVBdstQnNqQdGLb1qRMvG2eMn5AhgIkuRPpQ-YhbXPKKT3FSglXg9JYBAGoQU8G3ah6UT-QTlyqhnxkM2QzOqhg_Tc0BszPoHLxUiMsMH-df5zOekVXKnCrhunLlY74dMUjgL9I

Shawn is doing great! He’s on the same program as Jim Simms and the rest of the Niocorp gang of four. Cash checks for as long as possible. Convert other peoples money into their money. Many many great years of check cashing while playing pickleball. His big win for Excelsior was getting the Walter gang to buy in. Talk about job security. Keep them sucking the straw.

Maybe there's hope for help from the Govt after all as Trumps new Chief of Staff, Susie Wiles, daughter of the late NFL player and sportscaster Pat Summerall, was a lobbyist for a mine in Nevada.

https://www.mining.com/watertons-gemfield-resources-to-start-construction-of-gold-mine-in-nevada/

Don’t worry, Maybe Russia will soon own those minerals and China will be happy about that.

We will all be driving Miss Daisy in a Russian Automobile

https://www.topspeed.com/cars/guides/10-russian-cars-you-ve-probably-never-heard-of/

I hear they’re thinking about building a giga factory in North Korea
A nice tight knit strategic, critical mineral supply chain.

These politicians will fight an everlasting war for critical minerals, but won't dig the ones up in their back yard....Unbelievable

https://www.lgraham.senate.gov/public/index.cfm/press-releases?ID=DB12ABDA-0E2C-4CD8-A5C2-D38B10837851

“President Zelensky was excited about and was committed to obtaining a strategic agreement with the U.S. regarding the more than a trillion dollars-worth of rare earth minerals owned by Ukraine and expressed a commitment to create a working group with the U.S. to make this happen.

“Expanding economic cooperation with Ukraine makes America stronger and accelerates Ukraine’s economic recovery. Ukraine is blessed with significant lithium, titanium, and other rare earth minerals that are needed by the American economy. An agreement with Ukraine in this area would make the U.S. less dependent on foreign adversaries for rare earth minerals.

Should just remove that reddit page anyway. Its not doing anything but making the natives restless. I would confidently say that any shares purchased based on that info were less than 1% of retail and not single cent was loaned based on it. I wish there was something to attract real money. That reddit thread ain't it.

Reddit was having some weird issues today and at times couldn’t even get to the site. Clear your cache and reboot and see if that helps. Seems to be working now.

I lost it all. No conversations anymore. They are all gone. When I try to message it says I have no internet. But it’s only on Reddit as all my other internet works as I’m obviously here. Haha

So no back and forth until I figure it out.
I didn’t get your message. And I lost contact list.

Putz, I been sick for a few days but I have not seen any issues.
I sent you a message the other day on reddit.

Yah, that one!!

Are those alternative facts?

You think I’m (not your words)dumb?
You should look in the mirror a time or two,
Make it a concave mirror and admire how big your head is.

You would think after 10+ years you would get a life, instead of wanting in Mine Life.

It wasn’t all doom and gloom coming from you, you had some good pumps on this board.
If you can’t remember which ones ask me.

Remember when your buddy over at Excelsior got upset with you, and you got mad at me for, bringing him into it?
And then Walter said to you,
**well what did you expect?**

What did you expect? Huh?

How is that son of the gun Shawn anyway?
His Copper is slumping but that’s the government too right? LoL

And then there’s the Australian one that got away,
It was worth so valuable and was such a great deal to buy shares, but stupid people like me couldn’t figure out how to have two going concerns. The owners decided they couldn’t afford to keep it any longer so they sold it for peanuts to Rio Tinto.

You mean the unfinancible one? The one that needs welfare because it’s so weak and used fake inputs that fooled noone except a bunch of bozo retail investors? Rub a rabbits foot. Buy a lotto ticket. The chances here are slim to none.

NioCorp’s existing Feasibility Study shows full ore production at month 45 of the Elk Creek Project. In contrast, according to the Optimize study, the new twin ramp scenario could achieve full production at month 40, a savings of 5 months, due to the simplification of pre-development construction activities.
https://www.niocorp.com/study-finds-electrifying-niocorps-critical-minerals-mine-could-lead-to-faster-time-to-full-production-plus-significant-economic-and-environmental-gains/

The presumed timing window to "First Metal" appears to be closing quickly (if it's not already), and we're still who-knows-how-long away from "Authorization to Proceed."

Regarding exercising warrants, is a cashless option off the table? (#116017)

Richard-or-Chico, What’s going on with Reddit issues? eom

I’m not sure how much RailVeyor will shorten that Timeline.
But both Mark and Scott did say it would, but they didn’t say by how much.

I am just going by memory, which is fading fast. lol

Me Too!!!!!
It's perplexing to me how the United States gives billions of dollars to Israel and Ukraine instead of fast tracking a robust domestic rare earth supply chain.

The warrants expire 3/17/2028
https://www.cnbc.com/quotes/NIOBW#

NEgoodlife Post#99303
Exercise price of $11.50 per warrant yields 1.1183 shares, thus price per share is $10.284.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172458726

The Project timeline is based on First Metal 42 months after Authorization to Proceed, plus an additional four months of ramp-up to 100% of production capacity for a total project schedule lasting 45 months.
https://www.niocorp.com/wp-content/uploads/NioCorp_June-2022_NI_43-101_Technical_Report.pdf

We are now under 40 months remaining until 3/17/2028.

Always do your own due diligence.

Said it here before: I trust our federal government
will do the right things with regard to rare earths supplies and microchips manufacturings. No.1 positions on military and economy at stakes.

Yes X, your last paragraph fits in my situation. Last month interest payouts from Fidelity and Schwab money market funds were closer to 5%.