Niocorp Developments Ltd (NB): I’m going to laugh my arse off when ther...

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Niocorp Developments Ltd (NB)

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Re: GrowthMindset post# 31289

Friday, 12/08/2017 10:16:26 AM

Friday, December 08, 2017 10:16:26 AM

I’m going to laugh my arse off when there’s a stock halt one of these days and it’s announced that the company has been acquired for XXX dollars per share. That will definitely be caught with the pants down.....lol

There’s a less than 4 year payback with an annual $389.6 EBITA. The Algol-American, Niobium-Phoshate mine in Brazil sold for $1.5 billion for an operation that only generated $69 million annual pre-tax profit with 16 bidders competing in the sale! This mine will be built!

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