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Bullboard - Stock Discussion Forum 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... see more

TSX:SCY - Post Discussion

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Post by Zerosum on Jan 10, 2022 2:45pm

CAse Study comp

Reffer to pg 12 and while doing so keep in mind these guys mine the Alumina as a promary feed source. SCY will get it's feedsource as an already mined flow sheet raffinate material - process to remove copper ores from. So they do not have the aisc of mining a deposit to aquire the al203. This is important to consider.  So the pg 12 US dollar cost of $6,467/ per ton includes mine extraction here as well. While they forcast $17,533 in margin. on a $24,000 a ton price. These are from 2018 as well keep that in mind.

https://www.fyiresources.com.au/media/files/FYI-_HPA_Cadoux-update_October-2018.pdf
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