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Stock impact report

NioCorp: With The Trust Of Venture Capitalists In The Vault, Now To The Banks [Seeking Alpha]

NioCorp Developments Ltd. (NB) 
Company Research Source: Seeking Alpha
NB has secured $360 million in equity and holds $162.8 million in cash, with EXIM Bank due diligence ongoing for up to $800 million in debt financing. The Elk Creek project's updated feasibility study underpins a $2.35 billion NPV and projected annual EBITDA of $403 million, with sector-leading resource grades. NB trades at a steep discount to NPV and sector EV/EBITDA multiples, with growing investor confidence and minimal mining risk supporting a buy thesis. Ployker/iStock via Getty Images NASDAQ-Listed NioCorp Developments Ltd. Sparks Buying Sentiment This article covers the shares of NioCorp Developments Ltd., listed on the NASDAQ under the symbol “NB”, and in our opinion, it is an improvement over our previous This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses m Show less Read more
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