Niocorp Developments Ltd (NB)

[tedro84]

I don't particularly think a buyout will occur either, but not for your reasoning. The partnerships and messaging you reference can largely be construed as positioning for capital.

Also, any valuation based on NPV (please pardon my missed decimal point earlier, obviously should have been 1.7) already takes into account the billion dollars of capex. We own the asset of the FS and have options for the rights to the entire minefield. The risk associated with building and operating is why I assume a significant discount to NPV, but that is something that us shareholders could debate about all day - hence this forum!