Niocorp Developments Ltd (NB)

[RJPETE7]

I try and stay realistic with my "projections" on what I think Nio might be worth. For a while now I've kind of had that $13 as my minimum value if sold tomorrow.

If we end up building and controlling this project, my thoughts are we could easily be ~6.6billlion market cap, or roughly $30 per share, depending on dilution and assuming the NB/SC are selling as expected. Much higher than that and I think you have to consider CBMM had an estimated value in the 13billion range a few years ago. The overall size of the ore body is a huge curiosity as well, and will only send the value of this project higher.

Of course I'm essentially counting my chicks before they hatch - but still fun to think about it! I'd love to hear counter arguments from those who think I've over or undervalued???

Good Luck - Go Big Red