Replies to post #24587 on Niocorp Developments Ltd (NB)

[NEgoodlife]

Thanks, Suerte. Quick math tells me 8x EBITDA is about $2.4B which is probably a conservative company valuation. Equity financing of $300M at today's SP would result in about 600M additional shares, driving total shares issued to approx 800M. $2.4B / 800M = $3 per share. Not bad, but getting the current SP up prior to financing would be huge. Still, even at today's SP, we know what we have. Staying long and strong.

[jeunke22]

My guestimate 250/600...based on the deliberations on this board in the past and my interpretation of communication from the company on capex and cash flow.