Niocorp Developments Ltd (NB): The company spent $20MM to get $15MM....

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Niocorp Developments Ltd (NB)

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Re: walterc post# 99373

Saturday, 07/29/2023 3:41:27 PM

Saturday, July 29, 2023 3:41:27 PM

The company spent $20MM to get $15MM.

The founders spent $8.5MM to get 4.5 million shares (worth over $20MM today) tradeable in seven months in addition to 3.4 million shares if the price gets back to its highs, plus all of their warrants.

Can’t wait for the spin, but those are the basic facts. Risk free, unless you think sub $2 is a real possibility within 8 months.

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