Niocorp Developments Ltd (NB): I’m not as comfortable putting a 12 mont...

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Re: Demolition Man post# 40526

Friday, 08/24/2018 5:33:37 PM

Friday, August 24, 2018 5:33:37 PM

I’m not as comfortable putting a 12 month target on Niocorp. There are too many variables in the air right now, and I’m not as confident that they will be financed in 12 months as I am Clean Teq. Niocorp’s business model is more likely to require a scandium off take prior to financing, which we are yet to see. On the other hand there seems to be a significant possibility for government support that could hasten things. This prediction will likely be easier to make in a few months. For now it’s probably best to defer to the H.C. Wainwright target of $1.20 CAD.

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