Niocorp Developments Ltd (NB)

[Boilermaker1]

Do you actually read what people write
Or just automatically rip into them? I made some assumptions AND I explained why I made them. I rounded up cash flow because the price of NB and Ti have gone up since tbe FS was written. Do you dispute they have gone up? I really don't think 284 to 300 (5.6 %) is a HUGE adjustment. How much adjustment would you suggest? I compressed the schedule down to 3 years because a number of items will be done concurrently rather than sequentially. How much adjustment would you suggest? Did you happen to notice that I did not use the three years in any calculation? I picked a total number of shares ABOVE the number currently outstanding. You either use the current number or you project. Project is a fancy word for guess. You may think your guesses are better than mine. And that is YOUR opinion.

The projected cash flows are annually over the life of the mine. The asset may diminish (maybe in 32 years, maybe in 50.) But I believe a lot of people would pay $10.00 for something that pays back $1.00/ year for 32 years.

I have some trouble following your logic. The fact that it is a diminishing asset makes the stock much less valuable but diminishing in 50 years rather than 32 is not significant. Really?

Did you notice the line in my post "I am not disputing anyone else's analysis?" Last I checked this is a public discussion FORUM. I would have thought any and all opinions would be welcome as long as they are presented respectfully. That is generally what happens in forums.