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Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.


TSX:SCY - Post by User

Comment by Zerosumon May 28, 2021 12:18pm
116 Views
Post# 33286490

RE:RE:RE:RE:Why SCY could become part of BMW?

RE:RE:RE:RE:Why SCY could become part of BMW?In order for fund managers to value SCY we need SCY to provide more transparency. Which may mean we need a deal. Short of that it’s potential projections. But we need some grass root base numbers on Waste stream recoveries to work with and what are SCY's ambitions as to who gets what from those waste streams. We need the three Sc deposits to get re-valued based on the future growth of the Sc markets, EV growth, Rusal and Rio entering the space. We do not have that now. We need HPA market narrative that includes Sumitomo's HPA uses. Then we need projections to be able to provide some potential production and market size numbers based on CMR recoveries, on SCY's own SGA ambitions and on both together. Then on top of all that we need takeout numbers. What would SCY be worth in 4 years to Sumitomo or Rio or Rural or VW or BHP to own? So much of this story is still unclear because we don't have any numbers to crunch or any way to value the patents and IP the deposits the CMR’s the HPS-SGA.  Fund managers will need those projections and numbers. We need funding,  we need people, we need all the things a start up needs. But once we get those things, look out. I used to think if it all came together here maybe we would see $1.00 a share. Now I think it could be many multiples of that if SCY can navigate the next 1-2 years like a GOAT. You want ground floor - you got it.
 
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