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NioCorp Developments Ltd

NioCorp Developments Ltd (NB)

2.25
0.12
(5.63%)
Closed 31 January 8:00AM
2.34
0.09
(4.00%)
After Hours: 11:00AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
2.34
Bid
1.95
Offer
2.30
Volume
412,005
2.04 Day's Range 2.29
1.27 52 Week Range 3.999
Market Cap
Previous Close
2.13
Open
2.13
Last Trade
12
@
2.29
Last Trade Time
Financial Volume
US$ 904,925
VWAP
2.1964
Average Volume (3m)
182,769
Shares Outstanding
37,890,000
Dividend Yield
-
PE Ratio
-7.42
Earnings Per Share (EPS)
-0.3
Revenue
-
Net Profit
-11.44M

About NioCorp Developments Ltd

NioCorp Developments Ltd is an exploration-stage company, which is engaged in the exploration and development of mineral deposits. It primarily explores niobium, scandium, and titanium products. The firm operates through a segment consisting of exploration and development of mineral deposits in Nort... NioCorp Developments Ltd is an exploration-stage company, which is engaged in the exploration and development of mineral deposits. It primarily explores niobium, scandium, and titanium products. The firm operates through a segment consisting of exploration and development of mineral deposits in North America, specifically, the Elk Creek property located in Southeastern Nebraska. The company generally holds an interest in a mineral exploration property located in the region of Canada. Show more

Sector
Misc Nonmtl Minrls, Ex Fuels
Industry
Misc Nonmtl Minrls, Ex Fuels
Website
Headquarters
Centennial, Colorado, USA
Founded
-
NioCorp Developments Ltd is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the NASDAQ with ticker NB. The last closing price for NioCorp Developments was US$2.13. Over the last year, NioCorp Developments shares have traded in a share price range of US$ 1.27 to US$ 3.999.

NioCorp Developments currently has 37,890,000 shares in issue. The market capitalisation of NioCorp Developments is US$80.71 million. NioCorp Developments has a price to earnings ratio (PE ratio) of -7.42.

NB Latest News

Maxim Group LLC to Host the โ€œ2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metalsโ€ on Thursday, January 16th at 9:00 a.m. E.T.

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Maxim Group LLC, a full-service investment banking, securities and wealth management firm, and M-Vest, a digital community built for issuers...

ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today

ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today   Commercial Drone market expected to grow at 23.7 CAGR (Compound Annual Growth Rate) through 2030     Miam...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.6639.28571428571.682.361.64229061.96146429CS
40.7547.16981132081.592.361.452272641.75923405CS
120.9264.78873239441.422.361.31827691.58122428CS
260.54301.82.381.271499361.65991581CS
52-0.83-26.18296529973.173.9991.271310631.99256863CS
156-5.56-70.37974683547.97.91.271228212.95218889CS
260-5.56-70.37974683547.97.91.271228212.95218889CS

NB - Frequently Asked Questions (FAQ)

What is the current NioCorp Developments share price?
The current share price of NioCorp Developments is US$ 2.34
How many NioCorp Developments shares are in issue?
NioCorp Developments has 37,890,000 shares in issue
What is the market cap of NioCorp Developments?
The market capitalisation of NioCorp Developments is USD 80.71M
What is the 1 year trading range for NioCorp Developments share price?
NioCorp Developments has traded in the range of US$ 1.27 to US$ 3.999 during the past year
What is the PE ratio of NioCorp Developments?
The price to earnings ratio of NioCorp Developments is -7.42
What is the reporting currency for NioCorp Developments?
NioCorp Developments reports financial results in USD
What is the latest annual profit for NioCorp Developments?
The latest annual profit of NioCorp Developments is USD -11.44M
What is the registered address of NioCorp Developments?
The registered address for NioCorp Developments is 7000 SOUTH YOSEMITE STREET SUITE 115, CENTENNIAL, COLORADO, 80112
What is the NioCorp Developments website address?
The website address for NioCorp Developments is www.niocorp.com
Which industry sector does NioCorp Developments operate in?
NioCorp Developments operates in the MISC NONMTL MINRLS, EX FUELS sector

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NB Discussion

View Posts
PutzMueler PutzMueler 6 hours ago
If it was 100 shares that would be meaningless.

27,000 shares @ $2.36 is over $60,000
Not meaningless

The drop down you spoke of has no real volume. That is meaningless and probably done by the buyer of that 27,000 shares to bring the AH chart down to a respectable open tomorrow (no Gap) and down to reality and our close today.

Could also be a short ending his painful position.
JMO
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Prudent Capitalist Prudent Capitalist 6 hours ago
Saw that Putz, but AH is typically meaningless. The Bid and Ask widen way out at the close. Not sure some who trade AH know what they are doing, e.g. after someone bought at the AH Ask of $2.36, someone else sold at the AH Bid of $2.10, and now it has popped back up to $2.35. The share price in the first few minutes tomorrow will be more telling and meaningful.
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PutzMueler PutzMueler 6 hours ago
After Hours today looks like itโ€™s going to be green tomorrow also by the Trades so far.
Now@ $2.36 somewhere around 27,000 shares.

So, if three candles are three white soldiers,

Is 4 candles , Band of Brothers?

Are 5 Platoon ?

Hmmmm🤔 🤷
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danieldeubank danieldeubank 7 hours ago
wagner - I would make a bet, yesterday was last green.....

You would have lost that bet, the upside follow-through on NB immediately after a PP and with no news is very positive IMO.

https://stockcharts.com/sc3/ui/?s=NB
👍️ 2
wagner wagner 7 hours ago
Results, Results and one more time....

Marketcap ist a joke if they are able to get the loans by government 
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Nebraskan Nebraskan 7 hours ago
Jim is the best, most knowledgeable, representative NioCorp could have representing the company. ALL compensated lobbyists get paid in one form or another and there is a record of that payment someplace on both the state and federal level.
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Prudent Capitalist Prudent Capitalist 8 hours ago
Nebraskan: Would you prefer that NioCorp not have anyone with Jim Sims' experience on Capitol Hill advocating for the company. Every company has to apportion internal employees' compensation in terms of the pro-rata portion of their duties engaged in activities that constitute lobbying or governmental relations that constitute advocacy before congress or the government. Just like registered lobbyists are required to report al income from lobbying and the list of clients who paid them. Are you somehow suggesting Jim is paid extra for "lobbying"?
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Nebraskan Nebraskan 8 hours ago
You are correct....
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Rader1977 Rader1977 8 hours ago
According to that same site, NioCorp spent $160,000 on Jim Sims' lobbying efforts in 2023!
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Nebraskan Nebraskan 9 hours ago
According to Opensecrets, NioCorp spent $40,000.00 on lobbying efforts in Washington DC during 2024 and NioCorp only had ONE lobbyist, who is Jim Sims.

https://www.opensecrets.org/federal-lobbying/clients/summary?cycle=2024&id=F326866

Lobbying Firm Hired, Total Amount*, Lobbyist
Elk Creek Resources $40,000 James Sims
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Prudent Capitalist Prudent Capitalist 9 hours ago
Being a registered lobbyist in Nebraska pursuant to Nebraska law has nothing to do with any meetings on the Hill in Washington, DC.
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Nebraskan Nebraskan 9 hours ago
Ask him....
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Rader1977 Rader1977 10 hours ago
Plus travel expenses! Does Jim Sims travel first class on his D.C. junkets?
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Nebraskan Nebraskan 10 hours ago
Mark A. Smith is NOT a registered lobbyist in NE.

Jim Sims and Scott Honan are both (renewed on 12/17/24) registered compensated lobbyist for NioCorp. It costs NioCorp $300.00 (each โ€“ annually) to be a registered compensated lobbyist. And, according to these registration documents NioCorp also pays (probably annually) $2,400.00 ($100.00 per month each, for their lobbying services.

https://nebraskalegislature.gov/lobbyist/view.php?link=view_principal&id=3278

https://nebraskalegislature.gov/lobbyist/view.php?link=view_form&form=forma&RegistrationID=20093

https://nebraskalegislature.gov/lobbyist/view.php?link=view_form&form=forma&RegistrationID=20058

Compensated $300.00
(If you are a salaried employee of your principal, you are a compensated lobbyist.)

AMOUNTS GIVEN or to be given to lobbyist as compensation or reimbursement of lobbying: {49-1480(3)}. Please state the basis for your compensation.
100.00 Per Month
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wagner wagner 10 hours ago
Funding is priority since years, but what do we see?
LinkedIn comments?
Wow

Is that how lobby works?

Sorry
Kim & Shark had to deliver more and really results or sell 
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danieldeubank danieldeubank 13 hours ago
Mark A. Smith, the CEO and Executive Chairman of NioCorp Developments Ltd., along with Jim Sims, the Chief Communications Officer, have been actively involved in fundraising and lobbying efforts for several strategic reasons:

1. **Project Funding**:
- **Elk Creek Project**: NioCorp's primary project, the Elk Creek Critical Minerals Project in Nebraska, requires significant capital to move from development to construction and eventually to commercial production. The project aims to produce niobium, scandium, titanium, and potentially rare earths, which are critical for various high-tech, defense, and environmentally friendly technologies. The continuous fundraising through private placements (PPs) reflects the need for capital to finance this ambitious project.

2. **Lobbying for Support**:
- **Government and Policy Influence**: NioCorp is in the process of lobbying for support from U.S. government bodies, including the Department of Defense, to secure funding or policy changes that could benefit their project. This includes:
- **Critical Minerals Strategy**: With the U.S. focusing on reducing dependency on foreign minerals, NioCorp's project aligns well with national security and economic policy goals. Advocacy here could lead to grants, loans, or other forms of support from agencies like the Export-Import Bank of the United States.
- **Legislative Assistance**: There could be efforts to influence legislation or secure provisions in bills that would favor domestic mining of critical minerals, like adjustments to the Defense Production Act for funding or tax incentives.

3. **Market Positioning**:
- **Investor Confidence**: By actively seeking both financial and political support, NioCorp aims to bolster investor confidence by showing progress and commitment to the project's success. This includes demonstrating that they are not only securing capital but also ensuring a conducive policy environment for their operations.

4. **Strategic Partnerships**:
- **Offtake Agreements**: Lobbying might also be aimed at securing strategic partnerships or offtake agreements with major companies or government bodies, which would provide a guaranteed buyer for their minerals once production starts, thus reducing market risk.

5. **Public Perception and Media**:
- **Jim Sims' Role**: As the head of communications, Sims is likely involved in managing the narrative around NioCorp's activities, ensuring that their fundraising and lobbying efforts are seen in a positive light, emphasizing the national and economic benefits of their project.

The combination of fundraising and lobbying is not unusual for companies in the resource sector, especially when developing large, capital-intensive projects. The urgency might have intensified due to:

- **Market Dynamics**: The volatile nature of mineral prices and geopolitical tensions affecting supply chains might push NioCorp to expedite their project timeline.
- **Competitive Landscape**: There's competition for both funding and policy support among various companies looking to develop similar critical mineral projects in the U.S.

While some might view frequent fundraising as "begging" or see lobbying as overly aggressive, from a business perspective, these activities are strategic moves to ensure the project's viability and success in a complex economic and political environment.
👍️ 2
PutzMueler PutzMueler 13 hours ago
Overall I agree with your perception of the Maxim PP suggesting lower but it wonโ€™t do a deep dive, if it does, IMO

THE 3WS is the bullish reversal and those looking are thinking one of two things IMO

Because three white soldiers is a bullish visual pattern, it is used as a potential entry or exit point for a trade. Traders who are short on the security look to exit and traders who are waiting to take a bullish position see the three white soldiers as an entry opportunity.

https://www.investopedia.com/terms/t/three_white_soldiers.asp#:~:text=Because%20three%20white%20soldiers%20is,soldiers%20as%20an%20entry%20opportunity.
💯 1
danieldeubank danieldeubank 13 hours ago
NioCorp Developments Ltd. ($NB) has indeed been in the news for several private placements (PPs) in recent times. Here's a summary based on the information available:

- **Recent Private Placements**: NioCorp has been raising capital through multiple private placements. For instance, there was an announcement of a $5.0 million underwritten offering priced at-the-market under Nasdaq rules on January 29, 2025, as seen in posts on X from various accounts like @CrweWorld, @Lycanbull, @MarketCurrents, and @JrMiningNetwork. This is part of a series of financings aimed at supporting ongoing projects.[](https://x.com/CrweWorld/status/1884736446759920065)[](https://x.com/Lycanbull/status/1884686543849185336)[](https://x.com/MarketCurrents/status/1884693503575547985)

- **Project Funding**: These private placements are often used to fund the development of NioCorp's Elk Creek Critical Minerals Project in Nebraska, which aims to produce niobium, scandium, titanium, and potentially rare earths. The project is significant as it could reduce U.S. dependency on foreign sources for these critical minerals, which are vital for high-tech, defense, and green technology applications.

- **Market Sentiment**: The frequent need for capital through PPs has led to some investor fatigue, as you've noted. This is reflected in sentiments shared on X where users express frustration over the lack of more substantial news, focusing instead on continuous fundraising efforts.[](https://x.com/geldvos/status/1883917364305220068)

- **Future Expectations**: Investors might be looking for updates on:

- **Project Milestones**: Progress reports on the Elk Creek Project, including construction timelines, environmental clearances, or technological breakthroughs.
- **Partnerships or Contracts**: News on significant partnerships or offtake agreements, like the one with Stellantis for rare earths, which could provide revenue certainty.
- **Government Support**: Updates on any government grants or loans, like the potential funding from the Export-Import Bank of the United States mentioned in 2023, which could significantly de-risk the project.

- **Strategic Direction**: NioCorp is also focusing on technological advancements, such as the phased approach to commercial production of aluminum-scandium master alloy, which could diversify its product offerings and revenue streams.

While the frequent private placements might be seen as a sign of ongoing financial needs, they are also indicative of NioCorp's efforts to secure funding for an ambitious project in a market where capital for mining ventures can be challenging to come by. Investors might hope for more substantial project updates to balance out the news of capital raises.
👍️ 1
wagner wagner 14 hours ago
@Daniel

Thanks 
Like Chico did... Many good stories around rare minerals 

But.... 

Why is Mark Jim now collecting money and begging for lobby audience?


I would make a bet, yesterday was last green..... 

A news would be welcome but all we get is........ PP after PP.... 


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monocle monocle 14 hours ago
I dunno putz, stock sales like this mean no news is on the immediate horizon.

Also, folks who participate are often only in it for the warrants. Could be some selling pressure when this closes.

I just don't see this rally continuing. Hope I'm wrong, I'm back in the black. Barely.
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danieldeubank danieldeubank 14 hours ago
MP Materials processes approximately **15.8%** of the world's rare-earth element (REE) production as of 2020. In the U.S., MP Materials is the **only** rare-earth mining and processing facility, meaning it processes **100%** of the REEs domestically produced.[](https://en.wikipedia.org/wiki/Mountain_Pass_mine)

This represents a potential single point failure in U.S. domestic REE production and they are located in Californiaโ€ฆalso as of the latest available information, MP Materials has an 8.0% ownership stake held by Shenghe Resources Holding Co. Ltd., which is a partially state-owned enterprise of the Government of China.[](https://themoney.co/is-mp-materials-owned-by-chinese/)
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danieldeubank danieldeubank 15 hours ago
China funnelled $57 billion to control the critical mineral supply chain and seems very focused on the REEs with 87% of the worldwide processing of REEsโ€ฆ

https://www.linkedin.com/posts/mining-com-infomine-inc-_china-funnelled-57-billion-to-control-critical-activity-7290377251232137217-Nb8l?utm_medium=ios_app&utm_source=social_share_sheet&utm_campaign=copy_link
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ColdDarkHole ColdDarkHole 15 hours ago
If nothing drops in the news room it's gonna be 3 brown turds. Soon.
👍️ 2 😓 1
PutzMueler PutzMueler 15 hours ago
Maybe Iโ€™m reaching or stranger things have happened.

LAST PRICE
2.1300

Bid / Lots
2.1600/ 1,000
Ask / Lots
2.3800/ 100

I do fully expect to re-test the 200 day moving average for support, but that doesnโ€™t have to be right now. It can be anytime.

As much as I expect a little bit of consolidation now after our three white soldiers, that doesnโ€™t mean we canโ€™t continue higher on current enthusiasm.

Either way, Iโ€™m a spectator.
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danieldeubank danieldeubank 16 hours ago
Jim Sims making the case for domestic REEs

https://www.linkedin.com/posts/cesarconda_pentagon-nationalsecurity-foreignpolicy-activity-7290508326080040960-U9h3?utm_medium=ios_app&utm_source=social_share_sheet&utm_campaign=copy_link
👍 5 💯 2
wagner wagner 20 hours ago
https://en.m.wikipedia.org/wiki/Cesar_Conda
👍️ 1
jeunke22 jeunke22 21 hours ago
https://www.linkedin.com/posts/cesarconda_pentagon-nationalsecurity-foreignpolicy-activity-7290508326080040960-U9h3?utm_source=share&utm_medium=member_android
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wagner wagner 21 hours ago
I would bet no smart money in before the Exim in on stage... 
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monocle monocle 1 day ago
64,433,300 actually, assuming the warrants end up in the money.
😆 1
TooSoon TooSoon 1 day ago
Thanks, GE

(b) to establish our position as the leading producer and processor of non-fuel minerals, including rare earth minerals, which will create jobs and prosperity at home, strengthen supply chains for the United States and its allies, and reduce the global influence of malign and adversarial states;
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NorCalTommy NorCalTommy 1 day ago
HIGHLY DISCOURAGING that we had to give away 50 MILLION Shares (pre split ) just to keep the lights on and pay the bloated salaries!! Good job NB manglement, you've got a LOT of making up ground in 2025...... iF you don't ENGAGE and make it happen, i don't think many shareholders will want them running this ship after this year...... Enough time without performance.... you can only run the ship onto the rocks so many times without being relieved of duty.......
UGHHHHH
👍 1
Richard Thomas Richard Thomas 1 day ago
The Private Placement is filled already by Maxim Group's client or clients.
Per jim.
That was fast.
👍️ 6
ge11 ge11 1 day ago
Thank you President Trump
https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/
👍️ 2
ge11 ge11 1 day ago
Thanks again President Trump
https://www.inquirer.com/politics/pennsylvania/donald-trump-minerals-fracking-pennsylvania-20250129.html
👍️ 1 💯 1
ColdDarkHole ColdDarkHole 1 day ago
We arent gonna see even 3$ unless something wild drops in the newsroom.
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monocle monocle 1 day ago
I think you're reaching putz. Those provisions applied to the monthly payments, not the total balance. If they had met the requirements in June they could have issued shares to cover that payment. If they fell short in July they would have had to fork over the dollars.

All that aside, this just isn't going up over 50% in the next few weeks.
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PutzMueler PutzMueler 1 day ago
Thanks Monocle, So with those terms still effective (if they are), we are getting close to that eventuality.

If we maintain in excess of 500,000 shares per day, our VWAP will catch up to us if our volume increases and our share price goes further and faster than it has this week so far.
I would even suggest we need to get into the four dollar range at high-volume to reach that VWAP

Your opinion? et al
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PutzMueler PutzMueler 1 day ago
The deal priced at market works much better with share price heading north. VWAP is much less appetizing IMO.

Good job Mark
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danieldeubank danieldeubank 1 day ago
NioCorp Announcement: NioCorp Announces Pricing of $5.0 Million Underwritten Offering Priced At-The-Market Under Nasdaq Rules

https://mailchi.mp/niocorp.com/niocorp-announces-pricing-of-50-million-underwritten-offering-priced-at-the-market-under-nasdaq-rules?e=8b2b97c99e
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Prudent Capitalist Prudent Capitalist 1 day ago
Sag: 553,500 shares of volume is over 3 times trailing 90-day avg. daily volume and over 2 times more recent 10-day avg. daily volume.
👍️ 1
SagittariusA SagittariusA 1 day ago
Nice to see that we closed higher with okayish volume (higher than usual, but not really high) after the gap close.
I was waiting for Putz to mention this ^. ^ After all, it is nice to watch the chart for once in a while..
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monocle monocle 1 day ago
$3.30 vwap AND $500k volume 5 consecutive days. I doubt that provision still exists after multiple deferments .
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PutzMueler PutzMueler 1 day ago
When I get home Iโ€™m going to go back and look at the original news release, because there was a dollar value that if we reached it the loan would be paid in shares rather than cash?? Do you recall the terms?
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monocle monocle 1 day ago
I wonder where the rest is going to come from? It's all due in a couple of weeks...

The company plans to use the net proceeds to repay part of its unsecured notes from April 2024
๐Ÿ‘๏ธ0
ColdDarkHole ColdDarkHole 1 day ago
That's cool. I wonder if we have a shot in hell getting any of it. Something actually meant for a FS and must be spent on a FS would be great.
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bernice bernice 1 day ago
However, something is behind the Bush.
Someone is collecting shares. Third day with big volume. 
👍️ 2 💯 1
PutzMueler PutzMueler 1 day ago
The DOD does have other funds available for feasibility studies etc.
👍️ 1
ColdDarkHole ColdDarkHole 1 day ago
The dod funds are not for paying off debt of a broke unfunded company. That money is for production of an AlSc master alloy. We are light years away from producing anything. I find it suspect that the company would say the dod funds could be used for drilling. Most of what the company has said is suspect as we have seen. I'd expect it's more likely that the 10M is made available once the company is capable of producing an alloy for the dod
👍️ 1
ctkrod ctkrod 1 day ago
I was hoping the DOD funds would arrive in time to pay off the loan due in February, but when Mark/Jim indicated in the recent Maxim interview that those funds would be paid as reimbursements for the drilling and FS costs something like this seemed inevitable. Still hoping for the DOD announcement in the near term.
👍️ 1
monocle monocle 1 day ago
Does that even cover the loan do next month? Certainly doesn't cover drilling or FS....

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