Replies to post #84258 on Niocorp Developments Ltd (NB)

[arroneous]

At the end of the day - MS is moving this project forward from the position it was. Closer to the development of an operational mine and closer to unlocking additional value. I'm wondering how you would've accomplished this differently? Do you think MS did not consider all options being not only the CEO, but the largest shareholder? Asking for a friend.

[Skiluc]

Delete.

[Skiluc]

Edited. There is a major point being missed. He sold 68%(based on your numbers) of the company for $285M so that we could own 32% of a roughly $21B dollar mine. But that value keeps rising also. And as another poster stated, the sides and depth of the deposit is still unknown, hence the increasing Life of Mine value. Not to mention The mine will generate the $285M profit annually, at a minimum. And lets also not pretend that expansion of operations and sites is also part of the plan.

32% of real value vs 100% of uncertainty.

Im taking the real value. Twice on Sunday.

Right place. Right Time. Right deal. Cheers longs!