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Monday, October 31, 2022 12:12:37 PM
my question was- which value were you using to come up with the 20x undervalued opinion, as you kept referring to using EBITDA figures, I contend you should be using Net Income figures........ to determine that.....
As i just stated, and will state again. The market works in extremes. When you deal with one extreme(under), you will eventually work with the other(over). So I am using the kool aid mix of additional Ebitda from phase 1 results along with already proven reserves. And i am calculating it at a gross level because of my previously stated extreme level upon which the stock market functions… as far as startups.
Then add the fact that what NioCorp has to offer is one of the most controversial and talked about subjects in the entire WORLD.
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