Niocorp Developments Ltd (NB): I agree this isn’t what I’d call a home...

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Niocorp Developments Ltd (NB)

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Re: Elkconquistador post# 84222

Tuesday, 10/04/2022 11:54:35 PM

Tuesday, October 04, 2022 11:54:35 PM

I agree this isn’t what I’d call a home run, but I think it’s a solid base hit. I don’t agree it changes potential share value or dividends. Dividends are paid by profits/number of outstanding shares, and market cap is calculated by share price * number of outstanding shares. The company’s perceived value will be reflected in the market cap and not the share price.

My only heart burn is the dilution is higher than I expected, but ya gotta make hay while the sun shines.

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