Replies to post #40526 on Niocorp Developments Ltd (NB)

[tedro84]

I’m not as comfortable putting a 12 month target on Niocorp. There are too many variables in the air right now, and I’m not as confident that they will be financed in 12 months as I am Clean Teq. Niocorp’s business model is more likely to require a scandium off take prior to financing, which we are yet to see. On the other hand there seems to be a significant possibility for government support that could hasten things. This prediction will likely be easier to make in a few months. For now it’s probably best to defer to the H.C. Wainwright target of $1.20 CAD.