Niocorp Developments Ltd (NB)

[Middleborder]

P.Pr. Seems to me at this point (post 2022 Annual Meeting ) there is not much anyone can do about management or the SPAC. I think that at this point the bull is in the chute and the choice is to ride it or dismount. Everything else is pretty much yelling and crowd noise.



Up or down? I think merge approval and R.S., SP will go up some this year, and gradually over the next several years. They will get their additional debt financing to complete the project. Then price increase. I do not think that the SPAC institutions will vote yes just to watch this company lose value. (See Chico's posts for the numbers.)

l expect a solid 8 second ride out of the chute and that they will not need to bring in the clowns.

(Then there are bonds, the safer investment in my portfolio! :)