markets · · seekingalpha.com
NioCorp: The Bear Case Is Real, But At $3 I'm Still Buying
NioCorp holds about $405 million in cash, and the market values the whole company at about $444 million. I tested four bear arguments: rising capital is a priced risk, and scandium, dilution, and EXIM each partly hold. Scandium is 38% of study revenue with no binding buyer and a Chinese price a quarter of the study's.
NioCorp holds about $405 million in cash, and the market values the whole company at about $444 million. I tested four bear arguments: rising capital is a priced risk, and scandium, dilution, and EXIM each partly hold. Scandium is 38% of study revenue with no binding buyer and a Chinese price a quarter of the study's.
- #NB