Replies to post #23398 on Niocorp Developments Ltd (NB)

[TO Double D]

The price to book ratio will be relevant once the mine is constructed. I do not look at the P/B ratio on start ups.

[Landmark8211111]

Thanks B-C, ha ha! maybe I was wishful thinking...but it's still as clear as mud to me, Well at least we are lower than 2, maybe Warren Bigbucks will buy us out at the FS-NPV?

Cheers

[freedom5]

This is technically a junior mining company in the pre Feasibility Study stage. Your ratios do not apply in any meaningful manner. It's like a company in the R&D stage all they do is loose money. You would have to have knowledge in valuing this type of company at this stage to assign and analyze relevant ratios.