NioCorp Developments Ltd (NB) Share Price

Just a dream.....


A nice one, from 2 to 20s......

Amazing isn't it? We went from imminent with lots of competitive tension and tremendous institutional interest to hoping ang praying for government money. Its still pretty quiet here but we've had some EXIM action and the world mineral soap opera. If side piece Harris or the pants crapper in chief had won we would still be sitting here in silence waiting on the next weird dilutive financial can-kick deal to drop. I don't think we are done with can-kicking just yet, but we might get out of this alive by the skin of our asses now. Its exasperating to know that the politics of the most controversial reality TV star to ever exist was our hinge pin.

Just so you don't feel stupid on your-own, I will chime in to say, Wrong

Trump is using us as a Bargaining chip/deal maker, for Ukraine's minerals!
Kick Zelenski out of the WH, and install EXIM BOD shortly thereafter
And Big News Release about Nebraska, Monday?
(or not)
************
ROFLMAO I can't believe I just said that!

**********************
I just voted!
Better Luck Next Year,
Mark, Michael, Dean' and Peter
Not Necessarily in that order.

🤷🤷

So in the end, Nio needs someone they never wanted near the project to help rescue them.

Nice find ge!

Close?

And to believe it's a scam, one would also have to believe that they're actively trying to defraud the U.S. Gov't out of close to a $billion. Unlikely.

Exactly. EXIM does not invite $800 Million loan applications, or advance such loan applications in the process, or issue Preliminary Indicative Term Sheets to scam companies. Just ignore him. He does not know or understand anything about this company and project.

Trump turns EXIM bank back on.

https://www.exim.gov/news/president-trump-strengthens-export-import-bank-united-states-supports-jobs-establishing-board

Update on institutional ownership, with bar graph in link:
Institutional Ownership and Shareholders
NioCorp Developments Ltd. (US:NB) has 64 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 3,251,448 shares. Largest shareholders include VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Vanguard Group Inc, Northern Trust Corp, Kingdon Capital Management, L.l.c., Jane Street Group, Llc, Cable Car Capital LLC, Citadel Advisors Llc, BlackRock, Inc., IWC - iShares Micro-Cap ETF, and Bank Of America Corp /de/ .

NioCorp Developments Ltd. (NasdaqGM:NB) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds (or held) more than 5% of the company and intends (or intended) to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%.

The share price as of February 27, 2025 is 1.99 / share. Previously, on February 28, 2024, the share price was 2.32 / share. This represents a decline of 14.22% over that period.
https://images.fintel.io/us-nb-so.png

Scam on the Exim list..... Funny idea by funny people 

If Mark is a con man, he is a good one. I do not believe he ever had bad intentions with this company. His glass was always half full. Things went south starting in 2020 and he was hoodwinked by some people he trusted. The company was on fumes by that time. They needed a partner and quickly. GX was a last ditch attempt to get funds and that is when the wheels fell off. Brave faces ringing the bell at the NAS but management knew they were cooked.

GX being involved now is like a ball&chain.They drag you into the quicksand.

Non-viable, non-commercializable mineral rights generally don't get financed and don't become operating mines. They remain low-cost mineral rights that get leased to unknown, low-quality entities for low lease terms - just like Elk Creek. They are used by the low-tier lessees as a story to use to raise funds from unsophisticated investors and sell them shares, while the low-tier insiders gett paid and live well whilst often also self-dealing, like MARK SMITH did and does with tricks like risk-free, high-interest bridge loans made to the company and free stock grants, all while being well-paid salarywise and full benefits and, most fun of all, a virtually unlimited expense account - including travel and entertainment.

Being a pennyscam CEO is a great gig! All you need is a cheap, non-viable business CONcept you can tout and fool ignorant, unsophisticated pennyvestors into buying shares and giving you their money, directly via PPs or indirectly by retail purchases on the open market. Then, just gett them to hold onto the depreciating shares while you dilute and gett more munny to pay yourself.

It's a real good gig. There are tons of non-viable businesses and non-commercializable mineral rights around that can be acquired cheaply because they are worth little to nothing as a base for a profitable business. Like Elk Creek. They are useful only as a story to sell shares to retail suckers.

Winning - a viable, profitable business - is nott a goal because it is nott possible. The goal is to keep the scam running - for years and years - and keep printing and selling shares. That is the game. And that is the game with Niocorp Developments. The years tick by and the goalposts keep getting moved back and back, all the while printing and selling shares - because THAT is the name of this game.

Welcome to Pennyscamland!!!

Ukraine, Greenland, et al. will have ZERO effect on Niocorp. Niocorp and Elk Creek are not commercially viable - it is not a feasible mine plan, which is why it is not, and will not be, financed. Further, Elk Creek is unlikely to be mined by anyone, certainly not anytime within the lives of anyone alive today plus 21 years. This is why it was so cheap to lease. And it would be cheap to renew the leases, because there is no interest in Elk Creek among the real commercial miners, public or private.

So relax. Whatever happens in the world outside of Elk Creek regarding rare earths or semi-rare element mining will have exactly no impact on the non-business of Niocorp, the sole business of which is printing and selling shares.

Mark Smith retires with the bundle of loot he has skimmed from promulgating this goofy story grift.

No bigg deal. There are many pennyturds just like Niobagg. This turd will be forgotten soon enough. The fundamental, intrinsic value of Niocorp is zero; it is not even close to being a financeable, commercially-viable project. It makes about as much commercial sense as planning to drill for oil on Molokai or Maui.

Well... that Ukraine Rare Earth deal at the WH did not go well..... watching Zelinksy leaving the WH (quickly!! they are running outta the WH) after getting booted, bad blood from Zel backing Biden during the primaries and trashing Orange Man...... Z' man did not seem gracious and seemed very disrespectful during the negotiations.... Putin is cracking champagne corks and caviar...... looks like the highly acclaimed Rare Earths are off the table..... at this point Mark Smith and IR Jim Simms should be non stop calling the WH/T Rump and saying (or reiterating) "ok.... that shit didn't work out w Ukraine.... now let us tell the administration about all the goodies we have in Elk Creek NB"... in fact, not even sure they (the admin and the world) knows about all the other areas of 'probable reserves' adjacent to the 'target area'... maybe we can mine all of this area right off the bat! or at least be doing the FS for the other adjacent areas CONCURRENT with the first phase of construction on the target area ..... Why leave the other ~80% of Ore Body untouched for 15 yrs!!??? our country NEEDS IT NOW!! i wonder if our cracker jack marketing team (oh wait we do NOT have a marketing team) should tell the world about all the other goodies at Elk Creek..... and yadddddda..... Or NO, we just focus on the `15%-20% that we are FS' ing initially...... Comon' NB mgmt.... let's throw all the cards on the table....
why not??
NCT

There is no reason for green. We have no business, product, or income. Money talks and bullshit walks into the red without big time news.

We need a legit feasibility study with real (believable) numbers that says money placed here makes more money. That's the bottom line right now. Fuck the AGM. Produce a feasibility study financiers want to look at. I hope those daily comms with thr trump admin are gonna pay off because this shit isn't looking good.

Everything is so critical and important until the money issue. Then it's not so incredibly important.

We will see green here and there though. Won't see 3 dollars without news.

Only RED today the lovely NioCorp.... 

The Council’s Letter on Securing Critical Mineral Supply Chains
By Catrina Rorke
Originally Published February 27, 2025

https://clcouncil.org/report/letter-on-securing-supply-chains/

In this letter to President Trump, Senior Vice President of Policy and Research Catrina Rorke outlines recommendations that are designed to build a whole-of-government approach to critical minerals that will support American economic growth, revitalize and expand domestic manufacturing, and foster energy and national security interests.

It’s been a decade since Mark Smith took over. Many of us here invested a significant amount of money into this project over the past decade. It’s painful how poorly things have been handled with the project. We were supposed to have mining veterans and seasoned businessmen at the helm. Unfortunately, we are seeing how incompetent management really is. I can’t understand how we go from shovel ready after the first BFS in 2019 to we need more drilling before we can get financing.

I do not know Tariffs this time US could bring other countries to submissions. The world economies have changed a lots.

Look at Mexico just did on auto parts which are needed for American car manufacturers.

As of last Friday I reallocated my liquid assets to 95% cash and 5% on equity. I believe Warren Buffet said : Tell your family to prepare ———.

Thanks ge11 eom

https://www.csis.org/events/us-canada-mineral-cooperation-competitive-domestic-automotive-industry

Looks like we touched the 50 as it crossed the 200 DMA (golden cross)
And now going back, hopefully with a pretty Candle by EOD

What does it mean? I don’t know anymore, maybe we go down another 50 Cents? LoL (JK)

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

New short data out for NB as of 2/15/24. Number of NB shares sold short continues to increase by nearly 200K shares over the 1/31 number and 576,000 shares more than the 1/15 number:

Short Interest

Short Interest Table

Percentage of Shares Outstanding 2.02
Number of Shares Short 943.81K
Number of Shares - Previous Month 367.85K
Short Interest Ratio (Days) 2.02
Short Interest Ratio - 1 Month Ago (Days) 2.81
As of 2/15/25
New short data out for NB, and interesting to note that short interest more than doubled in the first month of 2025:

Short Interest

Short Interest Table

Percentage of Shares Outstanding 1.62
Number of Shares Short 757.70K
Number of Shares - Previous Month 347.24K
Short Interest Ratio (Days) 2.32
Short Interest Ratio - 1 Month Ago (Days) 2.79
as of 01/31/2025

Looks like something is behind the bush. 
Tim Worstall is again writing an article about Niocorp at seekingalpha.com, lol.

I guess they use Alexa instead of AI every day. We need material news before the AGM.....

Tick tick... 

AI is ready to join the high-stakes hunt for critical minerals
Geologists are turning to AI to find and mine the minerals that power EVs

https://thelogic.co/news/shift/geologists-ai-critical-minerals-evs/
Canadian AI is helping the critical mineral industry get metals out of the ground—and into EVs.

Vancouver-based Vrify Technology just raised $12.5 million in a series B round, led by New York VC firm LGVP. The company, which uses artificial intelligence to help geologists discover mineral deposits, says it is already breaking even. But it’s expanding its business as the mining sector approaches its “ChatGPT moment,” said CEO Steve de Jong in an interview.
The hope is that AI will help small exploration companies narrow down high-value deposits and give investors information that would be costly to obtain by manual drilling alone.

VRIFY Lands $12.5M Series B to Advance DORA, the World's First AI-Assisted Mineral Discovery Platform

https://finance.yahoo.com/news/vrify-lands-12-5m-series-150000055.html
The investment will accelerate industry-wide adoption of DORA, the world's leading AI-Assisted Mineral Discovery Platform. VRIFY has designed DORA as a sector-wide R&D tool, uniquely placing the platform directly into the hands of the geologists and geoscientists tasked with finding the minerals the world needs to feed supply chains, secure borders, and build energy solutions.

Is NioCorp using AI? Maybe we should call this company, they're in Vancouver too!

At the end of last year, they started tapping the 2023 Yorkville agreement again. Seems reasonable to assume they have continued that slow trickle of dilution into this year.

Even the real game changing financing is going to come with lots of dilution, unfortunately. I'd like to minimize it now so we can endure it later. Unfortunately there is more can kicking coming. I think that is obvious.

You have to remember all of the misleading that was done on his part,

Claimed in 2016 that Nioturd was on the cusp of full and complete funding, then claimed just a few years ago how the NASDAQ was going to be the game changer. Both turned out to be false and very misleading.

Still March to go......

Anyone except some real material updates on fiancing without dilution? 

T&T , when I decided to get in NB I never considered anyone on the management team had any experience on rare earth minings. They are learning on the job as it goes, since they did not follow MP Materials sending the ores to China for refineries.

Sweet talks from CEO would never stay around me long. I also am not a simple Buy and Hold investor, during Buy and Hold I trade shares to recoup my investment money back. So I eventually hold free cost shares.

LCP77 has not had any effect on the share price. The share price is reflective of the incompetence of Niocorp management. The share price is the result of imminent financing that never materialized and the completely worthless merger with GXII.

Very sad, over a decade ago we were led to believe we were going to be breaking ground in a few short years. We have been told we were shovel ready and financing was imminent years ago.

Unfortunately, we have nothing to show for our loyalty except decade lows on our investment. It’s time for Mark Smith to either make things right with financing or face the consequences of his incompetence.

We are a long, long way from making money here. The money is multiple years away if we broke ground tomorrow.

There are chances we are going to make some money here as I don’t see LCP77 trashing NB. Am I superstitious?

Thats nice. When the other side gets in charge, they will cancel all of that. Back and forth back and forth like tennis. I hope they don't cut any deals for scandium or niobium.

Are we gonna produce rare earths? Nobody knows. 🤔

USA and Ukraine, deal to be had.

https://abcnews.go.com/amp/US/wireStory/economic-deal-us-ukraine-tie-countries-years-heres-119221532

2.90 in itself is nauseatingly pathetic. Its gut wrenching that 2.90 is the good news without any other real news. But, I'm the one that didn't sell before the spac.

I agree with you for the most part, especially
ovvver, and ovvver, and ovvver here.

In the beginning, Being overly bullish on Mark and his bull-board cronies makes me an idiot (I’m still one in that regard). I can’t figure out why he still running the company. And because he is, and the Board of Directors seem to think he’s doing everything right giving him raises all the time, makes me even more of an idiot.
They should fire him and then fire themselves for what they have done to shareholders.

Which came first the chicken or the egg? The feasibility study or the technical report?

I agree the market doesn’t know shit, but that doesn’t mean the market doesn’t move on its own, due to perception and speculation.

That big surge to $2.90 is not the Bullish end. When the bulls start buying again, and they will, they can easily push it back up to $2.90 without News but news needs to come to get us past that point.

JMO

This is not bashing or negativity. This is just the status quo here. You get some news, you get the bump, the peasants rejoice for a short time, then the silence settles in, then reality comes back. We start getting NRs about someday projects and news snippets the CEO wrote. That is not news. at all. It has happened ovvver, and ovvver, and ovvver here.

The big difference is we have a shot at some sort of big news now more than we did before. The global mineral talk and saber rattling has goosed the sector. Thats great, BUT do we have an actual harvestable resource regardless of "proven reserves"? Nothing has pointed to the positive there, but what was not palatable before might be OK now regardless of cost or difficulty. Its going good right? Thats what we said to the US Senate in person years ago now. So we are going good right?!

We don't know what is in the nebula. Do we need a big cash raise for the FS? Is the FS holding up RPMGlobal? Does the new administration actually want to move fast on building elk creek? Do we have to go through the entire exim process still? Just how important is the (as far as we know) un-funded FS? We just don't know and neither does the market.

If the compensation is commensurate with performance, then they should be receiving 80% less their previous salaries.

It already did the same day he posted that message.

And if it closes below two dollars chances are, it’s going to go to $1.86 which is the 200 and 50 MA’s and will make CDH RIGHT

I can not say you are wrong. But while waiting I am willing to make some trades hoping to make some profits.

I have much sympathy to long timers at LWLG who did not cash out when the PPS moved from $1 to $20 and back down to $1.3 as of today.

It will be under $2 by end of march unless something happens. There is no market sentiment here. There is no tension. There may be "proven reserves", but nobody has expressed interest to put up the money to harvest the orebody. I hope the us gov wants to mine it regardless of the cost because that seems to be the last resort. The news of exim moving one step into more waiting and analysis wont matter. Are we waiting on the FS? Does RPMGLobal need the FS? If they do where is that money coming from?

It's close right? Daily comms with the trump admin right?

This is headed down unless there is more substantial news. The amount it goes up wont matter anyway unless there is news. Wont even see $3.

No, it is not going down to $2.

Frustrating???? PC, stop giving management a pass. They have failed the retail investors miserably.

They would have been better off offering 200 million (20 million post split) shares on the open market 3 years ago and gotten much further than we are now and have less dilution.

Mark Smith has failed to deliver any substantial financing and he continues to blow smoke up everyone’s arse! It’s time for him to go elsewhere and get someone to close. Mark isn’t it

Monocle- Yes! it's beyond frustrating.....The opportunity cost (of investing in the nebullus Elk Creek Project) vs investing in one of The 'Mag7' or AI Darlings of Wall Street will make one cry like a baby!! sniffle sniffle.....
Yaaadddda freakin' yadddddda

The frustrating part is that they've known for 2 to 3 years that they need a feasibility study and have yet to be able to raise money for one. It's entirely possible at this point they might not finish it until 2026.

I know it is frustrating, but would rather NB be prepared and know what they will do if further drilling ultimately is required, and not just spend the $$$$$$ to do more drilling unless it is absolutely necessary.

Sorry Prudent-my bad...... I didn't read that well enough the first time you sent it....so, net net... it looks like regardless of whether additional drilling needed or not- it will still be a 9 month period to update/release the Feasability Study...... sheeeez, you woulda thought that one of our GX corporate raiders could have temporarily ponied up a few million to get us thru the FS stage until the financing came in....... which could have saved us 6-9 months..... but it looks like the GX 'Raiders are looking for a big windfall without much skin in the game..... sharks! Greed is Good Gekko...... 'Buddy'..... somewhere under some desk in some office in some corner of the world Skiluk and MaxZ a $$$Million are laughing their asses off..... or crying their asses off.... not really sure whitch...... sniffle sniffle snort snort.....
NCT