Replies to post #87629 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

Hi LM, How are you landing on the $40-$50/share? Off the top of my head, with the current share count, that would be somewhere in the neighborhood of 3x Mountain Passes current market cap.

[Landmark8211111]

Hi Maxz,

I’m using my personal estimation - based on (cash flow, Molycorp $79usd, MPmaterials $60usd, world-class blue chip mining co., The Elk Creek projected annual cash flows of $700M to $800M …

$40—$50—$60 seems realistic to me - once construction begins in earnest with full Project Funding in hand …

Cheers