That is a good question but let's change it to "WHEN" otherwise we are FUUUUUUC$ED LOL. I will attempt to answer that question. I am thinking if critical and rare earth minerals become hot in the media again with a super positive feasibility study for Niocorp I will not be surprised if we are in the $20-$25+ a share range in 6 months or less....This is my opinion and I hope I am right on my opinion with this stock eventually lol.
BTW, AO and others what share price prediction do you believe $Niocorp will have when we receive funding in 2024?
Thanks for the question, AO. We need your positivity now more than ever before!! FYI, I like Advocate77 share price prediction better haha.
AO question: When NioCorp receives funding from EXIM and Stellantis, where do you see the share price?
Advocate77
Ok, so here is what we might be looking forward to in 2024:
- the results of the updated FS indicating a NPV of 3.5 billion in early March 2024,
- an offtake for 200 million per year in REE with Stellantis in mid March 2024,
- a grant of 800 million by EXIM by the end of March 2024
- a resulting pps of $30-$40 dollars at the beginning of April 2024,
- an equity deal with Stellantis for the remaining financing in April 2024,
- a pps of $60-$70 dollars beginning in May 2024.