When PEA comes this will sky rocket to the moon! A couple of months still to wait to get the PEA report and see IPG skyrocket benyond the moon! Good time to add some shares meanwhile, IMO.
PRELIMINARY ECONOMIC ASSESSMENT
The objective of the PEA is to evaluate the preliminary economic feasibility for producing scandium oxide (ScO) and a mixed rare earth carbonate mine-to-market production complex. Imperial’s base assumption would be to produce between 50 to 100 tonnes per year (t/y) of high-purity scandium oxide (ScO) product. In addition, the construction of a scandium-aluminum master alloy (≈ 2% Sc and 98% Al) plant will be incorporated in the project plans. Final results will be documented in a National Instrument 43-101 PEA-level technical report. WSP have informed us the study results will likely be delivered by the middle of Q1 2022.