Niocorp Developments Ltd (NB)

[OntInvestor]

Even if we were able obtain financing or an offtake, how much would that increase the PPS? We've seen what this stock does with good news.

The outlook is looking bleak. The dilution/reverse split is unavoidable at this point. It doesn't matter how much management says the company is worth or the current "talks" they are in with different entities, if they can't raise the PPS to a respectable level, we are in for a bumpy ride.

I know some of the longs don't agree with me but that's ok. Look at the current PPS, that's the market valuation of the company this late in the game. The market is usually correct.

I'm being a realist. Hopefully something good came out of the investor meeting today, not the usual fluff.