NioCorp Developments Ltd (NB) Cotización

The signing of the deregulation bill by Trump, alongside Burgum's statements, indicates a clear policy direction towards favoring the extraction industry over stringent environmental regulations.

#NioCorp Developments #NB #Niobium #Scandium #titanium #rareearth #neodymium #dysprosium #terbium #praseodymium #ElkCreek

From Richard Thomas

Secretary of the Interior Burgum says (from the Oval Office with Trump) that the U.S. must produce more Critical Minerals.

https://www.reddit.com/r/NIOCORP_MINE/s/AO25v9sdne

"The answer is to launch a Manhattan-project level effort to rapidly bring online rare earth and other defense-critical mineral mines and associated processing facilities that can feed the Pentagon what it needs to keep America safe.

To succeed, Washington needs to move quickly and with determined focus in these areas:"

Washington has been on notice for over a decade. When will they finally get it that they need to act now. We have a much better chance with the new Admin and hope they clear the hurdles and act more decisively to finance EXIM. Not sure where the appreciation in share price is coming from but the majority of new shares purchased is probably not from existing retail but new retail or institutions but I could also be wrong on that.

And there is another no-news utter dogshit news release for January. Might even count for the February "news". Yay. Maybe something hits in the next few months with all the mineral ballyhoo going on.

Offering closed

https://crweworld.com/article/news-provided-by-access-newswire/3577781/niocorp-announces-closing-of-50-million-underwritten-offering-priced-at-the-market-under-nasdaq-rules

I agree with Trump about brics and not allowing them to create a challenge to the US Dollar.

All monetary systems in the world are based around the US dollar. Not to be challenged.

JMO

https://www.foxbusiness.com/politics/trump-reasserts-towering-100-tariff-threat-against-brics-countries.amp

That would help niobium prices….

Tax war
Next chapter 
https://www.reuters.com/world/americas/north-america-braces-new-trump-tariffs-saturday-deadline-nears-2025-01-31/

https://www.usgs.gov/news/national-news-release/usgs-value-us-mineral-production-edged-2024

NioCorp mentioned on Lists 

🤗💯🤗

Yep Spot on. And we closed 1 cent above the previous highest highs. (while on the downtrend).
That 1 cent, to me is a signal, we’re going higher. (In agreement with PC)

If you consider each of those spike highs as resistance, then if we follow forward, IMO, we should see $2.50 next on Monday and $2.70 on Tuesday. But that’s thinking this rally will continue.

If we can break above $2.70 resistance, there’s no more resistance on the yearly chart until we reach the 52 week high of $3.99.
That’s only $1.60 higher or twice this weeks SP rise.

JMO

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

**********
Landmark where are you?
Long time no see.

I agree Mark S. was getting along swimmingly well with Rita Jo, only problem was that nothing ever got done..... and they sprung on NB the addiitional engineering requirements- after a year in process..... So, it was obvious that EXIM's hands were (maybe still are) tied and excuses also included overall EXIM default rates on their portfolio..... and probably in the background you can just imagine the former administration was playing both sides with the satisfying of the activist weenies, by not approving any mines, while telling the miners that financing probability was high..... these are mutually exclusive.... NOw, hopefully, everyone at these gub'mint agencies, however inept and idealogical in the past, are now singing off the same sheet of very clear directives music...... GET SHIT DONE is the directive music.....
NCT

If I am reading the charts correctly, we closed last Friday at $1.60 and currently we are at $2.40 including after hours trading. That's a 50% increase over the week and it has been steady share price appreciation. I am going to be cautiously optimistic that we can hold and improve on the gains of this past week. Have a good weekend!

I do not know, but I do know that our NB team was getting along great with Rita Jo Lewis, the recently departed Chair, and that she apparently really liked our project. Remember that she and Mark appeared together on a panel in DC. What I had heard all along is that EXIM has been very short-staffed for years and that has caused delays. The 6–9-month crap has never been true. find me one application comparable to ours that ever got processed in 6-9 months. Not even close. I still have faith and confidence our project continues to move forward. NB shares were way too oversold.

PC- thanks, i do remember seeing the replacement of 3 top figures at EXIM.... makes sense.....also probably explains all/many of the foot dragging and EXIM non-decisiveness (think adding additional engineering prereq's onto the application suddenly after a year!!) sooo.... this personnel turnover and new mgmt. + Board members at EXIM could be a GREAT sign for NB and could obviate the need for the additional engineering work ( additional drilling to move from 'probable' to actual physical RESERVES)....... I perceive this as a very positive development....... unless i am missing something or had too many libations at happy hour......

NCT.............. yadddddddy

They weren't fired, their appointments expired on Inauguration Day.

https://www.exim.gov/news/reta-jo-lewis-sworn-export-import-bank-president-and-chair

Reta Jo Lewis Sworn in as U.S. Export-Import Bank President and Chair
Historic New Chapter Begins with a Focus on Small Businesses, American Competitiveness Around the World
FOR IMMEDIATE RELEASE
February 16, 2022
The U.S. Senate voted to confirm Lewis on February 9, 2022, and her term expires January 20, 2025.

NCT, all of the previous appointments expired on 1/20/2025. The whole thing is a little unclear because there are supposed to be 5 board members, but there are 6 listed. Two of those are non-voting ex-officio members who don't count as part of the quorum, leaving 4 (not 5). I'm not sure how that works but with Trump installing the Beachhead Team immediately, and having CTEP set up during his first term, I would think getting everyone in place would be a priority.

https://www.gtreview.com/news/on-the-move/trump-ushers-in-new-era-at-us-exim/
Reta Jo Lewis’s term as US Exim’s president and chair drew to a close on January 20, nearly three years after her appointment by the Joe Biden administration.

Two US Exim board members – vice chair Judith Pryor and director Owen Herrnstadt – have also seen their terms expire, while director Spencer Bachus will remain on the board until 2027, the spokesperson says.

For now, it remains unclear who Trump will nominate to lead the agency on a permanent basis. It took the Biden administration over a year to complete the selection and confirmation process for Lewis.

Bachus will be interim chair of the agency, US Exim’s spokesperson says.

Meanwhile, Kimberly Reed, who previously led US Exim under Trump, is also part of the transition team.

Reed was present at the virtual ceremony announcing the beachhead appointments yesterday. Speaking at the event, she flagged the ECA’s progress during Trump’s first spell at the White House.

“During President Trump’s first term, we were proud to work with the extraordinary career staff to re-open Exim and secure the longest Congressional reauthorisation in the agency’s nearly-91-year history,” Reed told attendees, in reference to the 2019 legislation that reinstated US Exim’s financing powers.

Prior to this, the agency spent four years without a board quorum and lost market share to rivals in Asia and Europe.

Reed also noted the launch during Trump’s first term of the China and Transformational Exports Program, which aims to help US exporters compete with Chinese rivals and win contracts overseas.

US Congress directed the agency to establish the initiative in 2019 and instructed it to ringfence 20% of its financing authority – equivalent to US$27bn – with a focus on 10 key sectors.

“As Exim’s 2026 Congressional reauthorisation approaches, this team will continue our important work of getting deals done to empower US workers to compete and win in the face of fierce global competition and advance our nation’s economic and national security,” Reed added.

NCT: I believe this is a recent problem after Trump took office with the need for new appointments.

G Man- Are we suggesting that EXIM does not (and has not) had sufficient staffing on board to approve loans? hmmm..... wonder why we were not made aware of this in our infrequent updates from IR..
NCT

I sure am glad they issued that warning. We are only 4 years away from production if we got started tomorrow. Just in time for the ashes of WW3 to be cold.

I especially like these 3 points
What else do we need?

Unleash the Pentagon’s Office of Strategic Capital, Defense Innovation Unit, and Title III programs to finance rapid construction of new critical minerals mines and processing facilities.

Enable the National Defense Stockpile to build up a massive store of defense-critical minerals and to enter into forward purchase agreements with U.S. mines not yet in production.

Waive NEPA reviews for defense critical minerals projects that are not otherwise subject to NEPA except for the receipt of federal funding.

Yes, this is good PR indeed!

Of note:
https://greenmetadvisory.com/who-we-are/drew-horn/

I like this:
https://greenmet.com/news/greenmet-ceo-drew-horn-discusses-strategic-minerals-and-u-s-national-security-on-bloomberg-tv/

EXIM has a five-member Board of Directors to consider individual transactions, policies, and other business that may arise. A minimum of three members is required for a quorum; without a quorum, the agency generally cannot approve transactions exceeding $25 million.

Edit: apparently ex-officicio is non-voting and not part of a quorum
https://www.exim.gov/leadership-governance/charter-and-bylaws

https://www.exim.gov/leadership-governance/officers

Board of Directors
Vacant
President and Chair

Vacant
First Vice President and Vice Chair of the Board of Directors

Spencer Bachus III - Interim Chair
EXIM Director and former Congressman

Vacant
EXIM Director

Vacant - 2/5/2025 Senate Commerce Committee will vote on nominee Howard Lutnick
U.S. Secretary of Commerce
Board Member, ex officio

Vacant - 2/6/2025 Hearing to Consider the Nomination of Jamieson Greer
U.S. Trade Representative
Board Member, ex officio

https://www.exim.gov/news/export-import-bank-united-states-announces-congressman-spencer-bachus-iii-interim-chair

Export-Import Bank of the United States Announces Congressman Spencer Bachus III as Interim Chair
FOR IMMEDIATE RELEASE
January 30, 2025
Washington, DC – The Export-Import Bank of the United States (EXIM) today announced that former Congressman Spencer Bachus III will serve as Interim President and Chair of the Board of Directors.

PR
NioCorp and GreenMet Issue Warning to US Government Officials About New Critical Minerals Threat from China NioCorp's Mark Smith and Greenmet's Drew Horn are issuing a warning about recent moves by China to potentially shut off the Pentagon's access to critical minerals that allow F-35s to fly, Navy subs to sail, smart bombs to hit their mark, and night-vision equipment to help our soldiers pierce the darkness.  

In an opinion-editorial published today in the "Daily Caller, an influential Washington, D.C.-based publication, Messers. Smith and Horn explain how China may be preparing to restrict the export to a group of U.S. defense manufacturers critical minerals such as rare earths.  "China is clearly preparing to launch a non-kinetic war against the U.S. military. Regrettably, we gave them the trigger."

The op-ed can be seen here:  https://dailycaller.com/2025/01/31/smith-horn-china-missile-aimed-pentagon-xi-jinping/
 

Good post. and we got honourable mention

Mine Baby Mine.

Mark A. Smith is CEO and Executive Chairman of NioCorp Developments Ltd., which is developing the Elk Creek Critical Minerals Project in southeast Nebraska, designed to produce niobium, scandium, titanium, and magnetic rare earths. He is the former CEO of Molycorp, Inc., which pioneered rare earth production in the U.S. before being knocked offline by the Chinese in 2015.

China is laying the groundwork for denying the Pentagon access to the Chinese rare earth elements (REEs) and REE magnets that allow F-35s to fly, Navy subs to sail, smart bombs to hit their mark, and night-vision equipment to help our soldiers pierce the darkness.

https://dailycaller.com/2025/01/31/smith-horn-china-missile-aimed-pentagon-xi-jinping/

Right I lost the bet yesterday and would be happier when we will see 3,4,5 bucks...

Material news February can do some magic 

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

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.

After Hours today looks like it’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🤔 🤷

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

Results, Results and one more time....

Marketcap ist a joke if they are able to get the loans by government 

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.

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"?

You are correct....

According to that same site, NioCorp spent $160,000 on Jim Sims' lobbying efforts in 2023!

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

Being a registered lobbyist in Nebraska pursuant to Nebraska law has nothing to do with any meetings on the Hill in Washington, DC.

Ask him....

Plus travel expenses! Does Jim Sims travel first class on his D.C. junkets?

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 – 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

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 

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.

Overall I agree with your perception of the Maxim PP suggesting lower but it won’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.

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.

@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.... 

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.

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 California…also 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/)

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 REEs…

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

If nothing drops in the news room it's gonna be 3 brown turds. Soon.