Niocorp Developments Ltd (NB)

[Prudent Capitalist]

LM: I updated this last month when the new numbers came out and it is a sticky post above:

After-Tax Net Present Value: $8.74 per share US (Does not include addition of Rare Earth products): Based on the new updated NPV figures, I now compute the After-Tax Net present Value at $8.74 per share US, based on 269,000,000 shares outstanding.

• Pre-tax NPV (8% discount rate) of $2.819 billion is 9.9% higher, and the Project’s pre-tax Internal Rate of Return (“IRR”) of 29.2% is 6.0% higher. After-tax NPV of $2.350 Billion represents an increase of 12%, and after-tax IRR of 27.6% is 6.9% higher.

The above figure for per share ATNPV is down from my earlier post and calculations due to the increase in the number of outstanding shares to 269,000,000 vs. 221,846,266 shares outstanding in the earlier calculation in 2019. Still a very positive figure for After -Tax NPV, in particular when considering that the new Rare Earth Elements calculations and values are not included.