Niocorp Developments Ltd (NB)

[Skiluc]

Also, market cap matters and it is judged accordingly, but it is not the only thing that counts in a market that is very much behavior driven.

The market cap of a company is very significant in most all cases. Seasoned publicly traded companies establish a baseline Market Cap. And it remains fairly steady, and the fluctuations aren’t drastic(usually). So we can agree to an extent that yes, the market cap isnt a key indicator in this scenario.

However, that is not the case with NioCorp. Here, the market cap grossly misrepresents the actual value both current and future. Therefore it is a massive indicator of where this should go, especially once on the Nasdaq. It will not matter if the price has to move $10 or $100. Niocorp, along its current course, will experience the necessary market cap correction, and how many dollars the shares have to move to make it a realization make absolutely no difference.