Niocorp Developments Ltd (NB)

[Contrarian58]

Some prior analysis (by Mark Smith, Photonics Guy, and others) gives me a guy feeling that if they can get this mine financed and built, it's almost definitely a $6-$8 (US) stock, and possibly a $10-15 stock eventually. If Brazil gets hit by an asteroid, it's a $25-30 stock, but I'm not holding my breath. I do expect a 10-15 return on the current price once it's in production however.

I do think there is going to be a scandium "rush" as the advantages of Al-Sc alloys become obvious to everyone, which may cause the stock to spike, but the effect will be temporary. There's going to be a lot more scandium around eventually, and I expect the price to decline over time.

Also, people may think I'm nuts, but I've always Niocorp also had a potential rare earth option (it did start out as a rare earth project), if that market goes crazy. There's an outfit not far away (Beatrice) that has technology for extracting rare earths from mine tailings. I wonder where they could get some of those....

By any measure, Niocorp owns the rights to some very useful rock.