NioCorp Developments Ltd (NB) News

The powder keg is about to blast with all these years upon years of competitive tension built up between financiers.

9 days left for an October news release. Any guesses to the content of it?

Assuming we keep the monthly cadence.

Can Advanced Recycling Close the “Rare Earth Gap”?
Oct. 21, 2024
Advanced recycling technologies offer great promise to reducing North America’s reliance on imported critical minerals. Dr. Ahmad Ghahreman, the CEO of Cyclic Materials, explains their multiple benefits.

https://www.electronicdesign.com/technologies/industrial/article/55236925/electronic-design-how-advanced-recycling-can-solve-north-americas-critical-minerals-crisis
There’s a lot of work being done to develop technologies that reduce or eliminate our dependence on rare earth and other strategically critical minerals. But will this be enough to solve the problem? Can you share a couple of examples of products and technologies that currently depend on critical minerals which cannot be easily addressed through development of alternative technologies?

The answer to that question is a resounding no. The problem is that REEs are so good at what they do that it's virtually impossible to replace them. Some companies have found niche applications for REE-free magnets. For example, electric golf carts made without REEs work because they don’t require as much power as an all-road vehicle that must have the capability to travel long distances. But this solves such a small market problem that I doubt the hunt for REE alternatives will continue for much longer, if at all.

Products that will likely always depend on critical metals include automobiles, energy solutions such as wind turbines, robots, and others—all booming industries with incredible staying power. Trying to innovate our way out of the critical metals shortage is not an adequate solution, not when recycling these metals is such a viable alternative.

The State of Critical Minerals Report 2024
Author(s): Morgan Bazilian
Publisher(s): The Payne Institute for Public Policy at Colorado School of Mines
Publication Date: October 21, 2024
https://www.ourenergypolicy.org/resources/the-state-of-critical-minerals-report-2024/
Description (excerpt):
This year’s State of Critical Minerals report considers the state of the U.S. response to our country’s need to secure access to critical minerals. We examine what has been proposed legislatively and what more can be done, focusing on key activities to responsibly spur supply growth.

Several recent high profile efforts by academics, industry, and advocacy organizations have outlined the contours of greater U.S. self-reliance in mining and processing. There is broad understanding that creating such greater self-reliance and growth is a multi-pronged effort, encompassing government support, workforce development, community engagement, and technology innovation to enhance efficiency and reduce the environmental footprint/impact.

Further, critical minerals has been a focus of legislators. Critical mineral development was included in broader spending bills passed earlier in the Biden Administration, including the Bipartisan Infrastructure Law and the Inflation Reduction Act. In part, this fueled a ramp in fiscal support for mining activity. With approximately $9 billion authorized since the beginning of 2021, the federal government has announced just under $5 billion in support for specific projects, spread across mining and processing.

https://payneinstitute.mines.edu/wp-content/uploads/sites/149/2024/09/Payne-Institute-The-State-of-Critical-Minerals-Report-2024.pdf
Various challenges still exist: bolstering domestic mining for minerals, which include obstacles for new mine development; workforce constraints in the U.S. after decades of de-emphasizing domestic mining; and an investment landscape that makes it challenging for mining companies to attract capital.
We have no fewer than three critical minerals priorities, produced by the Department of Defense, Department of Energy and the US Geological Survey. We lack a coordinated effort driving domestic mining exploration and its future. This is illustrated by the complexity of having to navigate through upwards
of 20 government agencies. And there is a lack of coordination of necessary basic research across mining activities, from exploration through to processing and tailings management.

Chico!! A GIANT thumbs up on your 'check-in' post! Dang.... that thing was chocked with more information than the last 5 NB press releases!! Good to see you are still very engaged and always great to get an update from this MBoard's #1 (by far) objective information poster!! Take care bud and THANKS for the update!

NCT

Still here Norcal! I have not sold a share...& "yes" I do check in from time to time.
https://www.whitehouse.gov/omb/briefing-room/2024/10/21/fact-sheet-biden-harris-administration-proposes-to-further-strengthen-made-in-america-with-shortest-exception-list-in-history/
"It seems & I am speculating"...
The current administration is establishing/continuing a framework (if passed/continued) to apply/allow enhanced price preferences (fixed pricing for U.S./Allied sourced materials?) (allows/intending possibly with U.S. govt. future support & INCENTIVES see attachments) to domestically sourced, mined & processed Critical Minerals & end products. (Which include all the USGS Critical Minerals listed in 2020) and final components (Magnets to Powders & MXENES etc...to be used by Govt. & Private entities like the DoD & Nasa to Stellantis etc...). All geared to strengthen & channel all users to prioritize & utilize domestic sourcing and supply chains first.
Setting the table for future administrations (Harris or Trump T.B.D.) to continue the work on establishing/adding domestically supplied sources to the DoD stockpile, further Tax credits & enforcing Traceability of (critical minerals). All companies must disclose & better track non-domestic critical minerals if acquired from sources that may not utilize ESG principles or adhere to World Mining values moving forward.

https://www.bloomberg.com/news/articles/2024-09-25/harris-vows-to-create-us-critical-minerals-stockpile-incentives
See also
https://www.politico.com/news/2024/08/29/biden-minerals-price-support-china-00176777

China subsidizes all/most of its critical minerals. Norcal- It sounds like the U.S. & Allies are finally setting the table to do the same on a worldwide basis with those countries that will adhere to ESG principles, Mining Carbon Friendly norms etc. EXIM has commitments to several players in the U.S. including Perpetua & Niocorp amongst others. Additional Tax incentives other than 45X appear to be gaining ground as does other critical mineral legislation from both parties.
https://www.okenergytoday.com/2024/09/us-senate-passes-lankfords-bill-aimed-against-red-chinas-critical-minerals/


Yes- I am holding here. I am looking for Niocorp (at the very least) to achieve some quality $$$$ ($10-$25M or more via grant or other means) before the AGM 2024 to UPDATE & COMPLETE (see Jims recent comments below) the final F.S. pay off the loans while completing the EXIM process in 2025. EXIM suppling @$800M, the German loan guarantee $200M that still leaves $400plus M shortfall. Will the DoE/LPO or other entities commit? Many DOTS in play.... All remains to be seen.

GIVEN RESPONSES ON SEPT. 9th, 2024 ~ To recent relevant questions as we all wait for material news on a host of outstanding topics..

Jim: Could you please offer an update/comment once again on several of the questions (phrased similarly) & asked previously "IF" possible?
1) To Date: Does the U.S. Govt. & other Entities share a continued interest in working with Niocorp towards a “circular critical & traceable minerals economy” utilizing all/many of Niocorp's Critcal Minerals pending finance?
RESPONSE:
********** "Yes."*************
Can/Will you be offering an updated comment as to how this IS/might be working for Niocorp's planned future products moving forward?
RESPONSE:
*** "When we have material developments to announce, we will certainly do so."****

2) Are several entities such as (DoD, U.S. & Allied Governments & Private Industries) “STILL” Interested securing Off-take Agreements for Niocorp's remaining Critical Minerals (Titanium, Niobium 25%, Rare Earths, CaCO3, MgCO3 & some Iron stuff) - Should Financing be secured??
RESPONSE:
*** "Yes, across all of our planned commercial products."***

3) Can/Will you offer an update on the Stellantis Off-take process? As material news becomes available?
RESPONSE:
*** "Not until we have a material agreement to announce."***

GIVEN: STELLANTIS'S INTEREST AS WELL AS THE U.S. GOVT & OTHER PRIVATE ENTITIES....


4) What does Niocorp foresee as any final obstacles to achieve a final Project Finance commitment moving forward as the final quarter of 2024 approaches?
RESPONSE:
**** "We remain very optimistic that we will be able to secure the project financing required to get this project into construction and commercial operation, although there can be no guarantees of success in this effort."****

GIVEN: EXIM BANK & POSSIBLE TITLE 17 POSSIBILITIES....


NEW Question:
5) Could Niocorp offer an update on the status/progress/financing of the "early as possible" 2024 F.S. moving forward.
RESPONSE:
***** "As soon as financing is obtained, we will be able to proceed on a faster path to completing the work remaining for a Feasibility Study update. Government funding is likely to help us in this effort, and we will announce that when the details are finalized."*****

OPINION ARTICLE Election Implications for Clean Energy, Climate and Critical Mineral Programs at DOE
https://www.hklaw.com/en/insights/publications/2024/10/energy-department-shares-election-implications-for-clean-energy

FROM YOUR OWN OPINIONS & CONCLUSIONS ABOVE:
Many have been invested 10 years or more... Those holding shares are in the Mining Industries "Sweet Spot" for the Elk Creek mine to become a reality (Should they achieve a FINANCE??? T.B.D.)
https://www.opens.co/articles/the-stages-of-mining
Waiting for Niocorp to release material news on a host of topics. Quality sourced $$$$'s (From U.S. Govt. or Private interested Entities is what we all want to see by years end AGM 2024!)
(IMHO: Getting an idea that either administration will/should move forward with bipartisan efforts to support domestic mining & production of critical minerals. The stage has been set from Obama, Trump, Biden, NEXT & should continue... "We all hope!")
Keeping my front row seats until years end 2024 & go from there Norcal.
Waiting with many.

Chico

Let it go Putz.... you're sounding like a 5 year old.... you don't have to account for 50% of all posts every day..... people are getting weary of the tit tat in addition to the manglement of this company..... it's a double whammy upside everyone's head....take the day (or at least a couple hours) off..... do us all a favor.....

NCT

Putz you are the second biggest winner here. You got to post 10,000 times to feed your ego and amusement. A decade well spent. Peter Dickie was the number One winner here.

Chico?? You still 'All in' ?? or did they wear you down with all the never-ending delays and phantom 'competitive tension' and 'imminent financing' and blah blah freakin' blah.......... and are you enjoying the daily message board food fight that resembles that 'Animal House' scene.... you know when Blarto ( or whatever character Belushi was playing) blew out that food across the room..... is this all REAL or is it 'Virtual Reality'??? we will be 97 yrs. old when our little mining gem comes in..... we'll all be having wheel chair races in Elk Creek.... and the stock will be on a 'tear' all the way up to $8.20 aka $ .82 cents..... GEEEEEZUSSSSSSS!!!!! God help us all.........
NCT

Glad I could add some fun to your day Gman.
I remember a few years ago I was adding fun to Jim‘s day also.

**********

Thanks for saying it right this time Mr laugh-a-minute.

The just announced (10/21/2024)

But now when you say pre-posted, I will know what you’re talking about, which is five layers into the link that was newly posted with todays date,
means Pre-posted.

I’m learning, you Americans have a different definition for many things.

Pre-post means not the link we are talking, about but the many links attached to the link we are talking about. I got it now!

Just like I learned a few years ago from a reliable source several equals many.

I can assure you I'm not trying to get familiar with you.
Too late.
Thanks for the wake up.

It was satire. Do you think it would be earth shattering news if they were laying new rock around the mile section? Some people were being ridiculous on here when they were re doing the asphalt on highway 50. It had nothing, zero, zilch to do with the project.

X

Can you post the link to the Tecumseh Chieftain article on Elk Creek resources?

This is fun. The just announced (10/21/2024) proposal is to change the EXISTING Federal Acquisition Regulation (FAR-2020-0009-0001) by removing the items listed. The rule they are proposing to change is from 2020. I didn't call it anything other than what it is.

https://www.regulations.gov/document/FAR-2020-0009-0001

Scandium doesn't appear in either the original rule or the proposed change. You can post something from the year you were born if it makes you feel better, it still won't make any sense. Reading is FUNdamental.

I can assure you I'm not trying to get familiar with you. You're not all that, you're not my type, and you're too far away...in Canada. And, if you're going to weigh in with your "knowledge" of U.S. Gov't regulations and election issues, it's fair game to remind you that you're in...Canada.

I'm done now, so you can relax.

2024. Your posting, is what happened in 2020
And you said it’s a pre-post

So what are you laughing at?

Give your Canada and US crap a break. You sound way too familiar.

So if I post something similar to a post that I posted back in 2014 does that make it a Pre-post because I use the word scandium in both. Or use the same link for emphasis?

The only reason we’re even having this conversation is because you called it a pre-post

Here's the proposed list of items that would remain. The lack of domestic availability of cobra venom and capers cannot be understated. From Page 26:

25.104 Nonavailable articles.
(a) The following articles have been determined to be
nonavailable in accordance with 25.103(b)(1)(i):
Antimony, as metal or oxide.
Bamboo shoots.
Bananas.
Bismuth.
Books, trade, text, technical, or scientific;
newspapers; pamphlets; magazines; periodicals; printed
briefs and films; not printed in the United States and for
which domestic editions are not available.
Brazil nuts, unroasted.
Capers.
Cashew nuts.
Chestnuts.
Chrome ore or chromite.
Cocoa beans.
Coconut and coconut meat, unsweetened, in shredded,
desiccated, or similarly prepared form.
Coffee, raw or green bean.
Cork, wood or bark and waste.
Cover glass, microscope slide.
Fair linen, altar.
Fibers of the following types: abaca, abace, agave,
coir, flax, jute, jute burlaps, palmyra, and sisal.
Grapefruit sections, canned.
Hemp yarn.
Hog bristles for brushes.
Hyoscine, bulk.
Modacrylic fiber.
Nitroguanidine (also known as picrite).
Oranges, mandarin, canned.
Pineapple, canned.
Quartz crystals.
Rubber, crude and latex (natural).
Rutile.
Silk, raw and unmanufactured.
Spare and replacement parts for equipment of foreign
manufacture, and for which domestic parts are not
available.
Spices and herbs, in bulk.
Swords and scabbards.
Tapioca flour and cassava.
Tartar, crude; tartaric acid and cream of tartar in
bulk.
Tea in bulk.
Tin in bars, blocks, and pigs.
Vanilla beans.
Venom, cobra.
Water chestnuts.

Good stuff The_Gman. It's appreciated!

Last page:
This is a prepublication version of a proposed rule being issued by DoD, GSA, and NASA that is being posted early by DoD, GSA, and NASA, for the convenience of interested parties. This proposed rule is being transmitted to the Federal Register for publishing. Formatting or other administrative changes may be made by the Federal Register prior to publication. Although DoD, GSA, and NASA have taken steps to ensure the accuracy of this prepublication version, it is not the official version.

Please refer to the official version in a forthcoming Federal Register publication, which will appear on the Government Printing Office's FDsys website (https://www.govinfo.gov/app/collection/fr) and on Regulations.gov (www.regulations.gov). Once the official version is published in the Federal Register, this version will be removed and replaced with a link to the official version. At that time, you will also be able to access the on-line docket for this Federal Register document at http://www.regulations.gov. Public comments will be accepted in accordance with the Addresses section of the rule after publication in the Federal Register.

Ok, Canada, good to know you're up on your U.S. Gov't procurement rules! 😂

Here's the PR:

https://www.whitehouse.gov/omb/briefing-room/2024/10/21/fact-sheet-biden-harris-administration-proposes-to-further-strengthen-made-in-america-with-shortest-exception-list-in-history/

Click on the link in the first paragraph, 2nd sentence of the PR. It's in blue text on the PR page, but bolded and italicized below:
Today, the Biden-Harris Administration is taking further steps in its commitment to support domestic manufacturing by proposing a rule to remove 70 articles from the Federal Government’s non-availability list, resulting in the shortest list of non-available articles since the inception of the Federal Acquisition Regulation.
and it will take you to:

https://www.acquisition.gov/content/prepublication-version-proposed-rule-far-case-2020-009-list-domestically-nonavailable-articles

Click on the .pdf link and it takes you to the text of the proposed rule:

https://www.acquisition.gov/sites/default/files/page_file_uploads/FAR%20Case%202020-009_Proposed-rule_Pre-publication.pdf

That's where the verbiage came from. You're welcome.

No it’s not, at-least not how I see it.
Pre-posting? Do you mean previously posted?
Maybe I just misunderstood you.

OCTOBER 21, 2024
Fact Sheet: Biden-?Harris Administration Proposes to Further Strengthen “Made in America” with Shortest Exception List in History

I don’t see the same statements on your post relating to the same verbiage as the link posted earlier this morning.
They seem to have moved forward quite a bit.

Anyways shrug
We all have an opinion and you’re entitled to yours.

Putz- yes it (the PR post) seems encouraging and it looks like there is a concerted push before the election to get some very impactful domestic manufacturing legislation introduced! Great idea!! could benefit us greatly..... something must be in the works (aka behind the Bernice Bush) as we haven't heard news of ANY VARIETY in a long time..... i think EXIM and gubmint financing entities are waiting to see how the election shakes out.... any activity prior to administration clarity will be spinning their wheels..... JMHO / NCT

It's a pre-posting of a proposed rule that impacts procurement. Doesn't seem relevant and it's only really news to producers of the products being removed.
The proposed rule would substantially reduce the number of articles on the list at FAR 25.104(a) that are presumed by regulation to be nonavailable in the United States in sufficient and reasonably available commercial quantities and of a satisfactory quality. Removal of an article from the list means that if such articles are acquired by the agency in the future, the agency may no longer presume the article is not available domestically.
https://www.acquisition.gov/sites/default/files/page_file_uploads/FAR%20Case%202020-009_Proposed-rule_Pre-publication.pdf
A. Proposed Revisions to the List at FAR 25.104(a).
DoD, GSA, and NASA are proposing to remove numerous articles from the nonavailability list as a general reset of the list to remove a presumption of nonavailability as a means to encourage further market research and send a signal to industry. This may mean that contracting officers will do more market research on domestic availability of the removed products. It also may encourage domestic producers to take an interest in the articles removed from the nonavailability list.

Proposed removals include the following articles: acetylene, black; agar, bulk; anise; asbestos, amosite, chrysotile, and crocidolite; bauxite;
beef, corned, canned; beef extract; bephenium hydroxynaphthoate; cadmium, ores and flue dust; calcium cyanamide; castor beans and castor oil; chalk, English; chicle; cinchona bark; cobalt, in cathodes, rondelles, or other primary ore and metal forms; colchicine alkaloid, raw; copra; crane rail (85-pound per foot); cryolite, natural; dammar gum; diamonds, industrial, stones and abrasives; emetine, bulk; ergot, crude; erythrityl tetranitrate; goat hair canvas; goat and kidskins; graphite, natural, crystalline, crucible grade; hand file sets (Swiss pattern); handsewing needles; ipecac, root; iodine, crude; kauri gum; lac; lavender oil; leather, sheepskin, hair type; manganese; menthol, natural bulk; mica; microprocessor chips (brought onto a Government construction site as separate units for incorporation into building systems during construction or repair and alteration of real property); nickel, primary, in ingots, pigs, shots, cathodes, or similar forms; nickel oxide and nickel salts; nux vomica, crude; oiticica oil; olive oil; olives (green), pitted or unpitted, or stuffed, in bulk; opium, crude; petroleum, crude oil, unfinished oils, and finished products; pine needle oil; platinum and related group metals, refined, as sponge, powder, ingots, or cast bars; pyrethrum flowers; quebracho; quinidine; quinine; rabbit fur felt; radium salts, source and special nuclear materials; rosettes; santonin, crude; secretin; shellac; sugars, raw; talc, block, steatite; tantalum; thread, metallic (gold); thyme oil; triprolidine hydrochloride; tungsten; wax, carnauba; wire glass; woods, logs, veneer, and lumber of the following species: Alaskan yellow cedar, angelique, balsa, ekki, greenheart, lignum vitae, mahogany, and teak; yarn, 50 Denier rayon; and yeast, active dry and instant active dry.

After reading what was posted, I get the feeling the US government is preparing to cut China off at the knees, when it comes to them being able to dominate production and sales of the United States strategic Minerals / Materials among other Items listed on the exceptions list/ report.

I suppose it means they are going to stock pile most of what is on the exceptions list.

JMO

Hope springs eternal!!! maybe something is behind the Bernice bush? hopefully we will hear something soon (soon in NB terms means within a year.... not weeks or months.... but years..... )
NCT

Possible 

Wagner- not sure i understand your message are you saying that the recent press release in that Reddit link suggests that perhaps the fed programs (in our case EXIM) are relaxing the specifications and the additional due diligence and extra drilling requirements ('our homework')? or something else??

thx- NCT

https://www.reddit.com/r/NIOCORP_MINE/comments/1g8ndm7/niocorp_us_critical_nminerals_administration/

Politics are working to reduce spefications. 


https://www.reddit.com/r/NIOCORP_MINE/s/gtJHOcxUB2

Round and round we go place your bets! Up or down at the starting bell?

I figure due to the fact it’s only 25% off the decade / 52 wk low and even after 3 attempts, we still haven’t broken out of our down trend, means without another 20%, the first 20% means nothing.

💯

Does anyone have insight as to why we are up almost 20% including after hours trading?

But now with shares!!!

Thank you, DF! I‘m every day here, since 7 years! 🫣

"if" something will be delivered on the next future as written many times by Jim we will see the market reaction and you are right 5 $ exit share price will to the elevator effect on the other side.

A sale of the project for example to Rio Tinto is not gonna happen and when to which value based on the 2017 FS or the newest updated one?

2015 only niobium was sold 530 Mio $
https://www.iamgold.com/English/investors/news-releases/news-releases-details/2015/IAMGOLD-Completes-Sale-of-Niobec-for-a-Total-Consideration-of-US530-Million/default.aspx

wow who gave us the zoomies?

You’re right wagner, and we need some news.
We definitely need green the rest of this month.
I would like to see the monthly break-out, which happens north of where we are now.
3 year monthly and weekly candle. .

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

Nice to have you back on board!

As the saying goes, there’s 1/10th in every crowd.

Or something like that!

That was me. Sorry, I actually wanted to buy something else, but I made a typo.😜

No Bull shoes? $NB crypto? Who is buying...and why?

We’ve all wanted to believe management. We believed that once the bankable feasibility study was completed, we would get financing. We believed that financing was imminent. We believed there was competitive tension with financiers. We believed the SPAC deal would bring financing and would be good for us. We believed that Stellantis would be partners with us and provide us with some significant financing. We believed EXIM would be providing up to $800 million in financing…….after more than a decade of believing, now sitting at a decade low share price, I believe we have been swindled.

I’ve been informed, I’ve been wrong ❌️ for 12 years already.

But thanks anyway. 🥲

@Putz
Chart is really getting interesting 
Pls compare 6 month formation 

Just Remember LCP77

You only have to be wrong once, to have been wrong for 12 years.
And that would make the good cop right for 12 years.
But I’m sure you, had that figured out from the beginning.

Just sayin.

Agree 100%!!!! Mark’s only comment to that was “all of us would rather have seen higher proceeds from the GXII transaction”

Seriously Mark, take some accountability for this failure. The deal cost investors money and the company had to pull the convertible debt financing from Yorkville, which sent the share price plummeting. Dean Kehler and Jay Bloom have made Mark look like a complete fool.

By the looks of how the share price is doing, the Scandium symposium and the Rare Earth Conference in Washington D.C. this week was a waste of investor’s money.

Well I would not be selling at five dollars if it happens to get there, because if it does the board of directors are probably gonna want the price to go to $18 so they can force all the warrants to be exercised.

But on the other hand knowing Mark Smith, he won’t want any warrants exercised. So they will keep the SP below $11

JMO

The day Mark had his 15 minutes of fame was on the Liz Claiman Fox Business hour. Stock reached a US high of 1.65 and then dropped back down.A few years later it is currently trading at .17 cents pre-split. If that was not amazing enough, management has treated themselves to raises and bonuses for that achievement. They have strung this out as long as they could but money might be tight if they do not find funding soon. Kehler and the other turd must be laughing to themselves. Have done zippo and now control a percentage of the company. Retail supported the stock for over a decade and got scalped for their efforts.

Still cannot figure out how they were fleeced on the SPAC. That should have been 100% in stone that money was coming in to the coffers. Someone should have been fired for that.

I’m not a bot. Just another investor that’s pissed of and tired of the bullshit and garbage that the boys in Centennial keeps feeding us. Meanwhile they collect very hefty salaries and bonuses. They gave up a large portion of equity to some jackasses who brought nothing to the company, cut our shares by 1/10th and we are trading at decade lows. My apologies for not being blissfully ignorant of the facts!