NioCorp Developments Ltd (NB) Share Price

Defently wrong

Marky gets his Salary since years and over 2 mio shares plus bonuses 
Dean and Jay already in with 3 mio shares...later maybe more to come...


I only agree with you that the next 6 months should show everyone the ability of the management to finalize the future of the company or destroy it... 

Here are the facts, we were doing pretty well in respect to market cap and share price until Mark talked us all into merging with GXII under Dean Kehler and Jay Bloom. Those bastards have no business being on the BOD!

You don’t do any D&D. Dean Kehler and Jay Bloom hold their shares in trust of Trimaran Capital. I’ll post this again since you seem to have a problem with reading and comprehension.

https://capedge.com/filing/1322745/0001341004-24-000010/SC13D

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. )*

NioCorp Developments Ltd.
(Name of Issuer)

Common Shares, without par value
(Title of Class of Securities)

654484609
(CUSIP Number)

Dean Kehler
c/o Trimaran Capital
1325 Avenue of the Americas
28th Floor
New York, NY 10019
(212) 616-3730
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

March 17, 2023
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ?

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D
CUSIP No. 654484609 Page 2 of 7

1.
Names of Reporting Persons.

Dean Kehler
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ?
(b) ?
3.
SEC Use Only

4.
Source of Funds (See Instructions)

OO
5.
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

?
6.
Citizenship or Place of Organization

United States
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
7. Sole Voting Power
3,131,899


8. Shared Voting Power
318,470


9. Sole Dispositive Power
3,131,899


10. Shared Dispositive Power
318,470


11.
Aggregate Amount Beneficially Owned by Each Reporting Person

3,450,369
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

?
13.
Percent of Class Represented by Amount in Row (11)

9.3%
14.
Type of Reporting Person:

IN


SCHEDULE 13D

Item 1. Security and Issuer.

This statement on Schedule 13D (this “Schedule 13D”) relates to the common shares, without par value (“Common Shares”), of NioCorp Developments Ltd., a corporation incorporated in British Columbia, Canada (the “Issuer”). The address of the principal executive offices of the Issuer is 7000 South Yosemite Street, Suite 115, Centennial, Colorado 80112.

Item 2. Identity and Background.
(a), (f) This Schedule 13D is being filed on behalf of Dean Kehler, a United States citizen (the “Reporting Person”).

(b) The address of the principal office of the Reporting Person is c/o Trimaran Capital, 1325 Avenue of the Americas, 28th Floor, New York, NY 10019.

(c) Dean Kehler co-founded Trimaran Fund Management, L.L.C. (“Trimaran Fund”), where he is a Managing Partner, and serves as a Manager of Trimaran Fund II. Mr. Kehler is also a trustee of the Elizabeth Kehler 2012 Family Trust under Declaration of Trust dated December 12, 2012 (the “Trust”) and a director of the Issuer.

(d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e) During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

On March 17, 2023 (the “Closing Date”), the Issuer consummated the business combination (“Business Combination”) contemplated by the Business Combination Agreement, dated as of September 25, 2022, as amended (the “Business Combination Agreement”), entered into by and among GX Acquisition Corp. II (“GXII”), the Issuer, and Big Red Merger Sub Ltd, a wholly owned subsidiary of the Issuer. After the closing of the Business Combination, GX Acquisition Corp. II changed its name to “Elk Creek Resources Corp.” GX Sponsor II LLC (the “Sponsor”) acquired Issuer securities and derivatives thereof in the Business Combination on behalf of its members, which were then immediately distributed to Sponsor's members, including the Reporting Person, on a pro rata basis for no consideration. The Reporting Person was a managing member of Sponsor.

After the distribution described above, the Reporting Person received 1,956,880 shares of Class B common stock (“Class B Shares”) of Elk Creek Resources Corp. (“ECRC”) and 1,657,057 private warrants (“Private Warrants”). The vested Class B Shares of ECRC are exchangeable into Common Shares on a one-for-one basis. The Class B Shares of ECRC have no expiration date. Of the Class B Shares of ECRC held by the Reporting Person, 834,060 are unvested. Additionally, in the distribution described above, the Trust received 555,038 Class B Shares of ECRC, of which 236,568 are unvested.

Unvested Class B Shares of ECRC will vest if, from the closing of the Business Combination until the tenth anniversary thereof, the volume-weighted average price (“VWAP”) of the Issuer’s Common Shares exceeds certain thresholds as follows: (a) one-half will vest if the VWAP of the Issuer’s Common Shares exceeds $12.00 for any 20 trading days within any 30 trading day period, and (b) the remaining half will vest if the VWAP of the Issuer’s Common Shares exceeds $15.00 for any 20 trading days within any 30 trading day period.

The Private Warrants became exercisable commencing 30 days after the consummation of the Business Combination and expire five years after the consummation of the Business Combination or earlier upon redemption. Each Private Warrant is exercisable for 1.118292212 Common Shares, such that an aggregate of 1,657,057 Private Warrants are exercisable for an aggregate of 1,853,073 Common Shares, with an aggregate exercise price of $19,056,155.50 (or approximately $10.284 per share).

On December 14, 2023, the Issuer entered into subscription agreements with certain accredited investors as part of a non-brokered private placement of an aggregate of 413,432 units of the Company at a price of $3.205 per unit (the “December Offering”). Each unit represents one Common Share and one warrant (“December 2023 Warrants”). The $3.205 per unit price consists of $3.08 per common share and $0.125 per warrant. The warrants have an exercise price of $3.54 per share and expire two years after the closing date. In the December 2023 Offering, the Reporting Person entered into a securities purchase agreement to purchase 78,003 units. The December 2023 Offering closed on December 20, 2023.

The foregoing description of the Business Combination Agreement, Private Warrants and December 2023 Warrants do not purport to be complete and are subject to and qualified in their entirety by the full text of such agreements, which are filed as an exhibits hereto and incorporated by reference herein.

Item 4. Purpose of Transaction.

The information in Items 3 and 6 of this Schedule 13D are incorporated herein by reference.

The securities reported herein are held for investment purposes, subject to the following:

The Reporting Person intends to review on a continuing basis the investment in the Issuer. The Reporting Person may communicate with the board of directors of the Issuer (the “Board”), members of management and/or other stockholders from time to time with respect to operational, strategic, financial or governance matters or otherwise work with management and the Board with a view to maximizing stockholder value. Such discussions and actions may be preliminary and exploratory in nature, and may not rise to the level of a plan or proposal. Subject to the agreements described herein, the Reporting Person may seek to acquire additional securities of the Issuer (which may include rights or securities exercisable or convertible into securities of the Issuer) from time to time, and/or may seek to sell or otherwise dispose of some or all of the Issuer’s securities from time to time, in each case, in open market or private transactions, offerings by the Issuer, block sales, in-kind distributions or otherwise, including in connection with extraordinary corporate transactions, such as a tender offer, merger or consolidation that would result in the de-listing of the Common Shares. Subject to the agreements described herein, any transaction that the Reporting Person may pursue may be made at any time and from time to time without prior notice and will depend on a variety of factors, including, without limitation, the price and availability of the Issuer’s securities, subsequent developments affecting the Issuer, the Issuer’s business and the Issuer’s prospects, other investment and business opportunities available to the Reporting Person, general industry and economic conditions, the securities markets in general, tax considerations and other factors deemed relevant by the Reporting Person.

The Reporting Person serves as a member of the Board. In such capacity, the Reporting Person may have influence over the corporate activities of the Issuer, including activities which may relate to items described in Item 4 of this Schedule 13D.

Except as described in this Schedule 13D, the Reporting Person does not have any present plans or proposals that relate to or would result in any of the actions described in Item 4 of this Schedule 13D, although the Reporting Person may, at any time and from time to time, review or reconsider his position and/or change their purpose and/or formulate plans or proposals with respect thereto.

Item 5. Interest in Securities of the Issuer.

(a)-(b) The number of Common Shares beneficially owned by the Reporting Person, including the number of shares over which the Reporting Person has sole or shared dispositive or voting power, is set forth on the cover page of this Schedule 13D and is incorporated by reference herein.

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

The beneficial ownership percentage of the Common Shares reported herein were based on (i) 33,311,642 Common Shares outstanding as of December 4, 2023, as reported in the Issuer’s proxy statement filed on December 8, 2023, (ii) 413,432 Common Shares issued in the December 2023 Offering, and (iii) the 3,372,366 Common Shares underlying the Class B Shares, Private Warrants and December 2023 Warrants held by the Reporting Person and the Trust, as described herein.

(c) Except as set forth in this Schedule 13D, none of the Reporting Persons has effected any transactions in Common Shares during the past 60 days or the 60-day period prior to March 17, 2023.

(d) To the best knowledge of the Reporting Person, no one other than the Reporting Person, or the trustees or beneficiaries of the Trust, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A Common Stock reported herein as beneficially owned by the Reporting Persons.

(e) Not applicable.

Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

The information in Item 3 of this Schedule 13D are incorporated herein by reference.

Pursuant to the terms of the Business Combination Agreement, at the Closing, the Issuer, ECRC, the Sponsor, the pre-Closing directors and officers of the Issuer and the other parties thereto, including the Reporting Person (collectively, the “RRA Shareholders”), entered into the Amended and Restated Registration Rights Agreement, dated March 17, 2023 (the “Registration Rights and Lockup Agreement”), pursuant to which, among other things, the Issuer became obligated to file a shelf registration statement to register the resale of (i) outstanding Common Shares, (ii) Common Shares exchangeable for the shares of Class B Shares of ECRC, (iii) Private Warrants and (iv) Common Shares issuable upon exercise of the Issuer assumed warrants, in each case, held by the RRA Shareholders immediately after the Closing. The Registration Rights and Lockup Agreement also provides the RRA Shareholders with certain “demand” and “piggy-back” registration rights, subject to certain requirements and customary conditions, and provides for certain “lock-up” restrictions on transfer by the RRA Shareholders of such securities held by them after the Closing. Additionally, on March 17, 2023, the Reporting Person entered into (a) a Joinder to the Sponsor Support Agreement, dated as of September 25, 2022 (the “Sponsor Support Agreement”), governing the terms of the vested Class B Shares of ECRC held by the Reporting Person and the Trust, and (b) a Joinder to the Exchange Agreement, dated as of March 17, 2023 (the “Exchange Agreement”), pursuant to which the Class B Shares of ECRC may be exchanged for Common Shares.

The foregoing descriptions of the Registration Rights and Lockup Agreement, Sponsor Support Agreement and Exchange Agreement do not purport to be complete and are subject to and qualified in their entirety by the full text of such agreements, which are filed as exhibits hereto and incorporated by reference herein.


Item 7. Material to be Filed as Exhibits.


Exhibit Number Description

1 Business Combination Agreement, dated as of September 25, 2022, by and among the Issuer, GXII and Big Red Merger Sub Ltd (incorporated by reference to Exhibit 2.1 to the Issuer’s Form 8-K filed with the SEC on March 17, 2023)

2 Warrant Agreement, dated as of March 17, 2023, by and between GXII and Continental Stock Transfer & Trust Company (incorporated by reference to Exhibit 4.1 to the Issuer’s Form 8-K filed with the SEC on March 17, 2023)

3 Warrant Assignment, Assumption and Amendment Agreement, dated as of March 17, 2023, by and among the Issuer, GXII, Continental Stock Transfer & Trust Company, as the existing Warrant Agent, and Computershare Trust Company, N.A, as the successor Warrant Agent (incorporated by reference to Exhibit 4.2 to the Issuer’s Form 8-K filed with the SEC on March 17, 2023)

4 Form of December 2023 Warrants (incorporated by reference to Exhibit 4.1 to the Issuer’s Form 8-K filed with the SEC on December 20, 2023)

5 Amended and Restated Registration Rights Agreement, dated as of March 17, 2023, by and among the Issuer, GXII, Sponsor and certain persons listed on Schedule 1 and Schedule 2 thereto (incorporated by reference to Exhibit 10.1 to the Issuer’s Form 8-K filed with the SEC on March 17, 2023)

6 Registration Rights Agreement Joinder, dated as of March 17, 2023, by and among the Issuer and each of the parties listed on Schedule A thereto (incorporated by reference to Exhibit 10.2 to the Company’s Form 8-K filed with the SEC on March 17, 2023)

7 Exchange Agreement, dated as of March 17, 2023, by and among the Issuer, GXII and Sponsor (incorporated by reference to Exhibit 10.3 to the Issuer’s Form 8-K filed with the SEC on March 17, 2023)

8 Joinder to Exchange Agreement, dated as of March 17, 2023, by and among the Issuer., Elk Creek Resources Corp (f/k/a GX Acquisition Corp. II) and each of the Holders party thereto (incorporated by reference to Exhibit 4.9 to the Issuer’s Form S-3 (File No. 333-271268) filed with the SEC on April 14, 2023)

9 Sponsor Support Agreement, dated as of September 25, 2022, by and among GXII, the Issuer, the Sponsor, in its capacity as a shareholder of GXII, and certain other shareholders of GXII (incorporated by reference to Exhibit 10.1 to the Issuer’s Form 8-K filed with the SEC on September 29, 2022)

10 Joinder to Sponsor Support Agreement, dated as of March 17, 2023, by and among the Issuer and each of the Holders party thereto (incorporated by reference to Exhibit 4.5 to the Issuer’s Form S-3 (File No. 333-271268) filed with the SEC on April 14, 2023)



SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 17, 2024

/s/ Dean Kehler
Name: Dean Kehler

Mark is NOT the largest shareholder private or otherwise. Dean Kehker and Jay Bloom have him beat. Furthermore, Mark could loose all of his initial investment and still come out a very wealthy man with his warrants and options if this project were to ever get financed.

You are not the only one down six figures! You seem to think that you, I, Mark and everyone else are in the same situation. We are NOT, Mark and the boys are not on the same ship we are.

As for your big boy pants, they are down to your ankles and it’s not a pretty sight.

Mark is still the largest private shareholder, taking it down more hurts him as much as it does you and me. Been here since 2015; frustrated, hell yes! Pissed, hell yes!! You guys think he profits when the stock drops, just the opposite.

I'm giving him six more months, then I'm cutting my losses. Today, I am down six figures, that's okay, I knew the risk, and I have my big boy pants on.

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