I believe there will be government help with this project which will shake things up for this company. How much will depend on what they do to help offset costs or buy minerals from NIOCORP. How many penny stocks/companies have spoke at a SENATE hearing (not financed, not in operation, and not even in construction). I don't think many if any get this opportunity. Just a tall tell clue for me.
1. The 10-K filing that is due on Friday next week could give some insight.
2. Financing could come at any time.
3. Nordmin report has been said to be done by the end of the month.
4. The full report is due in the middle of September which was pushed back from the middle of August which we found out at the Senate hearing meeting.
Lots of information coming shortly and could be as soon as Monday morning.
If we dilute, and double our shares outstanding, we are still less than Largo's. They are said to be heading in the $3.50 range, so to say we would be less than $3.50 is silly!
They made $77,000,000 last quarter We would be making $110,000,000 at full production.
I'm a simple guy with simple math. $5.00 - $6.00+
But the intangible's are what will make things interesting, if this project gets going next week/month.
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