RE:This bullboard is dead ?? Some thoughts from my side:
1) PEA results were expected in Q4, and PEA results are in line with expectations; so to me no surprise the stock didnt move as all is in line with the expectations built since January. Just surprised in the dropped, but it's the strange reality of the stock market.
2) There is a mine! There is lots of exploitable Niobium, at better levels than some key 'competitors'. Whatever the stock market thinks, this has high value.
3) The job of the management for the coming months will be to keep derisking the project for potential buyers: raise money for next phases (probably hoping >$1), confirm resources, deal with natives.
4) And importantly, promote the project as not many know what niobium is and how to value it. Promote promote promote.
5) Who wouldnt' by this project at current price? It's worth Xx more over time!
I'm probably over-simplifying but just wanted to keep this conversation going as I think this is still one of the most appealing stock to invest in. May take 2-3 years before seeing full upside.