Scandium International Mining Corp T.SCY

Rbc

[shano1986]

Raised their fair value lol 49now

[northmark]

Thanks shano

[Zerosum]

Did RBC happen to say why?

[shano1986]

No. The weird thing is it usually seems to be generated by how it has traded in the past couple weeks but this thing has been dropping so it's strange to see it much higher than asking.

[Zerosum]

Thay always have low target prices as well to cover themselves so to speak. It must be tha HPA market metrics they are looking at and the margins per ton of HPA sold. Yet we don't have the patent nor the green light yet. So the 0.49 seems ambitious in some respects. Still if NGM says go! the HPA margins and a 0.49 price target will seem tame and SCY will get re rated up.

[northmark]

Zzz  They probably read your latest posts! :)

[Zerosum]

Well you can see that if SCY can squeeze a ton of 4n-5n purity HPA out of the raffinate with NGM at a cost of $4000 - $7000 and sell it for $24,000 - $28,000 just how impactful those margins will be on the share price. And FYI, it won't be at 0.49 or long. Also we had better understand it's most likely going to be 5000 tons of HPA shortly after the green light. RBC is pricing the 0.49 on