Niocorp Developments Ltd (NB)

[walterc]

I quote
That refrain doesn't work anymore..... people invest for incremental wealth accumulation, not wealth accumulation after 15 years, aka ALL OR NONE type of returns..
I agree with your statement about the 15 years waiting; Nobody had expected that and that is certainly frustrating..
BTW If you are in for 15 years you should have a nice profit . I am in 12 years and I have a nice profit

But I disagree with the first part.

If you want to see incremental wealth accumulation you better invest in ETF indices and not in mines under development.. If you invest in prerevenue companies like Niocorp you have a higher risk and you should therefore expect a higher return if you want to stay invested.; The increases in share values happen however suddenly on specific moments with large volatility but they are usually very rapid when they happen and if you are not in you may miss the opportunity..
I saw these rapid changes happen at few of my startups and I had yesterday another one where I am waiting for some 15 years and I expect a sudden movement and a 10 bagger for me in the next year.( I am not talking about LWLG ).

But I understand your frustration.

But

nanoscale powder
Exim
Stellantis
L3
New FS
600 million Ebitda without including the potential verticals.
What did I forget
The current shareprice remains a screaming buy.

The trick for me will be to ride this in the future at no cost and thus no risk.. That's the way I work with non revenue companies ; I did not have the chance yet to do that with Niocorp but I will