Niocorp Developments Ltd (NB)

[jeunke22]

Been listening to Smith's Largo presentation. Also listened to recent Largo conference call and question and answer dialogue with Lee Cooperman. Conclusion: Niocorp's CEO Mark Smith knows how to extract extraordinary shareholdervalue. Moreover he knows what goes on in the mind of seasoned Wallstreet investors.
No doubt that his appearance for Largo and his appearance today for Niocorp are part of his plan to extract maximum shareholdervalue for Niocorp. Largo provides credibility, but is located in Brazil. Niocorp is the opportunity and is located in the USA. For investors in NYC this is their golden ' Lee Cooperman' moment to enter before Mark signs the financing proposals. With a derisked project, less capex, financing around the corner, and revised higher NPV than in the FS, and an earlier mining start, current shareholders get to share maximum shareholdervalue.
The investors in NYC might in fact help to get the SP up, which would be helpful in turn to seal the debt financing. I do not expect news today, but I might be wrong.