Post by
seveneleven711 on Apr 26, 2023 11:17am
opinion
Metallurgy people Coffey Tetra Tech are doing their job, assay labs are doing their job, ABH engineers are working on ore sorting and 43-101 resource. Lots of good news is coming. I would hope that CEO is doing the following;
Finding and negotiating with a bulk user of scandium oxide(car company, aviation company, defense company, alluminum alloy company, battery company) who would sign a letter of intent to purchase 600 tons annually of scandium oxide from DBG on condition that the Canadian federal gov. and BC gov. fast tracks the permitting. The purchaser of the scandium oxide would get an incentive price of ~$1.00 /g US and they would agree to finance the mine construction(capex) with a payback period of 5 years. Gov. of Canada and BC would create jobs, fulfill their critical mineral mandate and create tax revenue. The scandium alone would cover the capex in first 5 years and after that the scandium revenue would become part of the cream from copper, cobalt and gold which is all profit from day 1 and being sold at market prices. The deal could also include that the manufacturing co that is buying the scandium at a discount also agrees to buy copper/cobalt at market prices. Purchaser of metals wins, DBG wins, federal/prov. gov. wins, people/voters/tax payers/workers wins.
All we need is someone to put it all together...