Prudent Capitalist
2日前
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
The_Gman
2日前
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
PutzMueler
3日前
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.
The_Gman
4日前
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)
ColdDarkHole
4日前
Your guess is as good as mine. There is no actionable information available to us on the issue. Estimations can be made pertaining to the current state of the USA government's approach to critical minerals. In the last year there have been a growing number of statements made towards the need for domestic supplies. The rhetoric is there, but the urgency and currency$$ are not. Lots of bipartisan support, though.
Here is a 100% AI generated political speech generated in 10 seconds that is almost identical to the sentiments we hear 😆:
https://www.writecream.com/ai-political-speech-generator/ ("funding the niocorp mine in johnson county NE")
Ladies and gentlemen, esteemed members of the community, and fellow citizens of Johnson County, Today, I stand before you not just as a representative, but as a passionate advocate for the future of our community—our families, our children, and the generations yet to come. We are at a pivotal moment in our county’s journey, a moment that demands courage, vision, and action. I want to talk about an opportunity that can transform our economy, create jobs, and strengthen the very fabric of our community: the funding of the Niocorp mine here in Johnson County, Nebraska. For too long, we have witnessed the steady decline of industries that once thrived in our region. Families have struggled, young people have left to seek opportunities elsewhere, and our local businesses have faced daunting challenges. But today, we have the chance to change that narrative. The Niocorp mine represents not just a project, but a promise—a promise of economic revitalization, job creation, and sustainable growth. Investing in the Niocorp mine will bring well-paying jobs to our community. It will provide opportunities for skilled workers and support local businesses that rely on the mining industry’s success. Every new job created means more families can thrive, more homes can be built, and more children can grow up knowing that they have a bright future right here in Johnson County. Furthermore, this project aligns with our commitment to sustainable development. Niocorp's focus on environmentally responsible mining practices shows that we can harness our natural resources while protecting our precious environment. We must embrace innovation and sustainability as we move forward, ensuring that our actions today do not compromise the world we leave for tomorrow. But to realize this vision, we need your support. This is not just a decision for policymakers; it is a decision for every member of our community. I urge you to join me in advocating for the necessary funding for the Niocorp mine. Let us raise our voices together, reach out to our state representatives, and demonstrate that Johnson County is ready for progress. Let us stand united in our pursuit of a brighter future—one that empowers our community, fuels our economy, and fosters a spirit of resilience. Together, we can turn this opportunity into reality. Together, we can build a stronger Johnson County. Thank you, and let’s get to work!
x993231
4日前
No offense TH but that would take loaning 9,000,000 shares of LWLG.
I would guess that you own 180,000 shares of LWLG that would yield you $423 per month on $.5 Million if they stayed on loan every day. But the damage done by that would reduce your price in the shares owned by you.
$20k per month would mean that you are loaning about $25 Million Dollars to them.
Good Luck guys I looked overhear for the first time in a long time, hope to see many of you cats in May.
X Unless you are talking about bank interest from dough you made on selling LWLG a few years ago?
$20k x 12 moonths= $240k per year At 4% interest that would be a $6 Million dollar note, Perhaps that is what you meant. If so good for you, taxes though, IRMAA etc. all digs into that return, no long term cap gains, but proly best for you at your advanced age. In Californina that is Proly a 50% haircut, Tax free bond?