RE:RE:RE:Why no big sp risegreex27 wrote: It should be an interesting negotiation...who needs who more? The value or number of shares to issue in exchange for the 20% is going to be relatively simple but it's the management and control of the project that will really be interesitng if in fact SIL joins SCY. Can they agree on the path of SCY and the mine? How many seats at the table? What kind of management influence if any will SIL require? So many nuances at work.
As I type I think if I'm SIL and I don't like what I'm hearing I stay on my own and participate, I don't think JK is correct in thinking that if they were going to go at it alone that they would have answered that question already. You'd have to negotiate out what plan A or plan B looks like before you make a decision. JK introduced these guys to the project so I'm sure he knows the answer already but if there was no connection I would suggest it isn't as certain as JK deems it to be.
I think SIL on their own is a possibility and one that I think I'd employ if I was them...I just don't see how captains of their own ship will want to merge wtih SCY and while they'll be the largest shareholders within SCY, the original cast is in place and I assume have distinct thoughts on how they'd like move the Scandium story forward.
I don't see SIL going it alone as bad news for SCY...I see both options as equal. The value SIL would bring to their 20% will benefit SCY and vice versa. The largest hurdle for the merger of the two groups is the way forward as one with so many guys at the table used to having their hands on the steering wheel. If SIL will leave it to this Management team to carry on and will vend in then it will work, if SIL wants to share an active role in the Management I can see how SCY might make the terms less attractive and keep them outside of SCY.
Thoughts?
SCY needs to kick out SIL and take a real big shareholder that can bring value to this project like CleanTeq (robert Friedland) brought the giant Pengxin into their game.