Niocorp Developments Ltd (NB)

[OntInvestor]

I see your point of view. There are still too many unknowns, especially around the financing.

I think the PPS should be higher based on potential as we don't have revenue yet. The market cap is much too low for a 32 mine life of strategic elements.

Have you invested in Biotech? You'll see companies trade in the billion dollar range based on nothing but speculation. NioCorp deserves a higher PPS based on the fact that the product is already spoken for.

I agree with you that the PPS will increase once the financing package is announced as long as dilution is kept minimal. I can see the PPS sliding until then because of the market right now. Hopefully you can get in at your price point.

This is a great investment and we have many things in our favour but its not a slam dunk like many think here.