Hey AO, just a couple of examples: Anglo American's Brazil mine sale netted US$1.5b, cash flow multiple of 12.0x. Niobec (Magris Resources) sold for US$530m, for their valuation using cash flow multiple of 7.5x. from memory annual cash flow was $70m. NioCorp will be $389m (and price will float with the spot price)
There really are no comparables for NioCorp's Super alloy mine. (as of yet)
There are a number of the blue chip mining co. that trade at around 20x multiples! Do the SP math on that for NioCorp?