How many of you remember - the write up from Germany about 8 months:
Write up from Germany.$116.00 CA target.
Can put in a translate.
The figures presented some time ago to Elk Creek are noteworthy:
A recent study is based on a net present value (NPV) of the project in the amount of 3.07 billion US dollars. After taxes, the NPV calculated in the amount of 2.3 billion US dollars. The annual cash flow is estimated at 438 million US dollars. The latest figures are a blatant improvement on previous data. In May last year, it was assumed that a NPV of around 1.1 billion US dollars and an annual cash flow of 178 million US dollars. Current market value of NioCorp: 134 million Canadian dollar ...
But that's not all: So far, the United States must import niobium to 100 percent. With Elk Creek that could change ...
And here comes now the mentioned in the heading André Tiedje into play.
Because we come in spite of completely different analysis repeatedly to very similar estimates, I had André asked to the value once to look a little closer.
I can reveal that the colleague was very excited when he told me about his wave count. The result is shown in the following chart.
At one point, our Elliott wave expert is certain, and I quote: "NioCorp is three digits, clearly". Specifically goes André Tiedje for our small commodity gem of a target price in the range of 116 CAN dollars. Closing price on Friday night: 0.80 CAN Dollars. If I counted correctly, would be around 1.4 million euros in a few years from an investment amounting to EUR 10,000 in case of success. This coincides approximately with the performance of the legendary US index Traders, the responsible André.
The Striking, however: On the fundamental aspects one comes to similar conclusions and price targets.
This leads us to our final note: Because it André Tiedje and makes me always a pleasure to combine our strategies together, we are about to develop a concept for cooperation. Perhaps can be together still more beads as track these small NioCorp.
Haha. Oh please let it be so! $116 CAN dollars.....BooYeah!
