NioCorp: The Market Is Paying About 50 Cents Above Cash For Elk Creek

Impact · against what's priced in

NioCorp is viewed as a high-risk play where the market heavily discounts the project's NPV due to financing hurdles. The reported capex increase to $1.849B and the non-binding nature of off-take agreements reinforce the market's current skepticism regarding execution.

NB−0.10

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In context

While the project boasts a $3.44B NPV and $608M average annual EBITDA, the rising capex of $1.849B and non-binding production agreements increase the risk of dilutive financing.

Read from the article alone

• mining
• valuation
• NB
• basic materials
• capex
• critical minerals
• dcf
• feasibility study
• financing risk

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