Niocorp Developments Ltd (NB): Hello Putz: From May 2023, post # 96...

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Re: PutzMueler post# 103188

Sunday, 10/15/2023 4:54:23 PM

Sunday, October 15, 2023 4:54:23 PM

Hello Putz:

From May 2023, post # 96404. My calculations arrive at 90 million USD per annum.

"We have 89,894,000.00. For simplicity $90 million annual revenue instead of 11 or so million as reported. A very nice 79 million extra revenue per year."

Just my calculations and understanding of what is being reported by the company.

As I have expressed in the past. My calculations are for my own use. They only represent my opinion. They would be on the conservative and realistic side of things. In my opinion astronomical valuations are of no use in this context.

Good Day!

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