Niocorp Developments Ltd (NB): I would think a rise in $NB share price...

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Niocorp Developments Ltd (NB)

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Re: Dead On Arrival post# 104246

Thursday, 11/09/2023 12:52:06 PM

Thursday, November 09, 2023 12:52:06 PM

I would think a rise in $NB share price to $30+ would be easy if we get Stellantis news, Any kind of GOVT funding news, EXIM news, positive feasibility study news, Positive REE News, Off-take news ect... If all of these happen in First quarter next year, I think $30 a share would be on the low end in my IMO. I mean that's only $3 dollars a share pre-split with a very low outstanding share structure. In your opinion if all the events I described happen where do you think Niocorp’s share price will land next year?? I think $50-$60 a share would not be out of the question in 2024.

NioCorp Share Structure
Issued: 31,202,131
Options:1 1,541,500
Warrants:2 18,816,304
Convertible Debt3 2,871,660
Fully Diluted Shares Outstanding 54,431,595

Niocorp's other USA compitor MP Materials has 176,881,723 million shares outstanding.

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