Niocorp Developments Ltd (NB): $13.00US x 216million share = 2.8 billio...

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Niocorp Developments Ltd (NB)

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Re: TO Double D post# 20410

Saturday, 10/15/2016 2:41:09 PM

Saturday, October 15, 2016 2:41:09 PM

$13.00US x 216million share = 2.8 billion. I'd say that'd be a minimum starting offer that factors in the 900million startup...

I know far less about the workings of equity financing. Do they essentially create more shares in exchange for cash - and how do they determine how many and at what price?

Can't wait for the FS and ensuing activity once released...

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