Replies to post #87640 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

I always use MP as a guide for forecasting where NioCorp can go. I don’t think it’s apples to apples, but it’s the best comparison I can find:

Earnings Market Cap Share Count $/Share
MP 533,000,000 5,740,000,000 176,527,570 $32.52
NB 600,000,000 6,461,538,462 700,000,000 $9.23
NB(s) 600,000,000 6,461,538,462 70,000,000 $92.31

I use MP’s P/E of 10.7. These numbers were from about a month ago.

In a MP comparison, I think a $9.23 ($92.31 1:10 split) price per share is reasonable once in production.

Again not apples to apples, but possibly a ballpark guesstimate for where this is heading.