Niocorp Developments Ltd (NB)

[ColdDarkHole]

It depends on what variables can move, if any variable can move. Of course things can move! But what and by how much?!

If our price goes up and our post merge % ownership can change that makes it all different. In the example they assume a price and expect the reverse split with existing investors owning 43%. If those variables can move then the game changes.

if it is locked into 59.9M shares and we get 43% ownership, then the ratio stays the same and the price moves around. Pick your variable to move and change the outcome.