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PutzMueler

04/15/24 8:03 PM

#110685 RE: Demolition Man #110684

If you had lots of warrants and lots of money to help friends with money, to move the SP, where would you move it to if your break even on the warrants is $11.00?

3 X , my guess
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Look at what Largo did, LOL and it is at what price now?

10 year any chart
https://money.tmx.com/advanced-chart/LGO
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And we have how many Critical Minerals?

AlwaysOptimistic

04/15/24 8:13 PM

#110686 RE: Demolition Man #110684

I think we've already wasted a decade or more of our life but that's JMO. Now, so many of us are so deep in to this investment (both time and money) that I feel it would be ridiculous to bail now, especially being on what looks like the cusp of financing. To make up for loss of revenue and time, I have somewhat equally weighted investing in both NB shares and NIOBW warrants on the prospect that the warrants will be exercisable when the share price blows past $10.25 (the exercise price). To answer your question, if a PR came out that NioCorp reached an agreement to receive $800,000,000 or more in financing from EXIM, I would expect the first day following the announcement that the share price could spike to $30-$40 (maybe more) because this investment has been wound so tightly for so many years and it's been waiting for big financing news. I also think we have many many people sitting on the side lines who we are not aware of and who may not post who would like to jump in but are just waiting for the right timing to buy shares. After it hits those share prices, I expect the share price to settle down to $20-$30 and then maybe start to float down but stay above $17-$18/share until the next news cycle. This is a big mining project and likely has many years beyond the anticipated 35 year mine life to expand drilling to greater depths and for the company to acquire more land for drilling in this massive mineral reserve. Don't bank on any share price estimates I just wrote though. These are just my opinions and these estimates are not guaranteed. They are just one persons opinion.