Niocorp Developments Ltd (NB)

[TO Double D]

The pre-tax PROFIT in 2015 was $69 million. You are confusing EBITA with pre-tax profit. China has massive phosphate reserves with the largest production in the world. There is a large phosphate mine down the road from where I live in Weeping Water. I do the inspections at that mine, I know the financials there and I can assure you, China Molybdenum was not after the phosphate at that mine with less than a decade of mine life.

You are doing everything you can to convince yourself that you need out of this investment, so just do it.

https://www.google.com/amp/www.telegraph.co.uk/business/2016/04/28/anglo-american-pleases-investors-with-15bn-sale-of-niobium-and-p/amp/

http://smallbusiness.chron.com/differences-between-ebit-profit-before-taxes-68501.html