Replies to post #27086 on Niocorp Developments Ltd (NB)

[freedom5]

My point was niobium could be sold at higher prices. Regarding share price I personally believe this stock will trade between $30 to $60per share in 5-7 years.
Lets say we end up with 300 million shares outstanding when the mine is completed. Let's say we end up with a
$600 million EBITDA, that's a $2 per share EBITDA. Using a price/earnings multiple of 15-30. I end up with a market share price of $30-60.
Now that's NOT factoring dividends which would make the stock even more attractive!!! And once more drilling is completed and people realize this mine is a cash cow for the next 100+ years this price could go even higher!!! Remember this is personal opinion. But I am also a genius (lol) so you have to factor that in as well!!!!