Last payment for Nyngan
I think that the last payment for Nyngan is on June 14. Its a little while off but i think that the sale of Springer may leave them with enough to pay it off. That was one of my questions.
Even if they dont have it they will NOT let it slip away and do whatever it takes to come up with it.
They did pay off some of their debt with the money.
Have a look at the technical report on the property and see what else they have there besides just the scandium. I was surprised how much else is included in the deposit.
I have been buying this stock from .14 just before the court problems but now that they have 100% of this project i am even more excited about it. People like Bill Lupien and William Sheriff involved assures me that this will move ahead when they get all their ducks lined up. Willem Duyvesteyn has a great background in metallurgy so the company is going to come up with something.
All the rare earths and specialty metals are getting more interest again lately and most of the stocks are bouncing off the bottom. A little more patience will pay off here once these flippers get out of the way and people see more reason to hold on to the stock instead of flipping for a penny.