Mark when he made that comment about our current share price being a disappointment - he agreed! and was demonstrating that using the current NPV and by using the multiples of earnings metrics, he arrived at between $4.65-$9.89 per/share at that time (paraphrasing).
Here is the way I see the reason for the anemic PPS. The market loves NioCorp and its (lightweighting the world - mission statement) what's not to like? they also like the risk-reward status!...BUT the unknown here is quite simple in my opinion...The Big Players and Institutional investors want to see if "Midas Mark" can raise $1billion! even though he raised $2.5 billion in 2010 - in the worst world depression since the 1930's!! (an amazing feat!).
Now the way I see this turning out, 'shortly' is there are going to be a whole bunch of people (Big and small) that are going to be wearing copious amounts of egg on their face's and eating delicious black crow for the next week! IMO. The chatter around the coffee tables is going to be, how did we miss this one!? what happened? lol
Anyways nothing to do but hurry up and wait..
Cheers
News 
Market Data 
Discover 
AI
