RE:RE:RE:RE:Price differenceZerosum wrote: I thought the base cost was $557 USD per kg. If so, you could say SCY makes money at $558 USD per kg. The Others no. Scalability here ensures the IRR ratios are attainable with only LOM suffering. Scalability is key to maintaining IRR Irregardless of underlaying Sc price captures. Again it points to there March 2 NR and why this is an important development. The other companies are dealing with poly metallic deposits and will have higher recovery costs. They will also have higher per tonne credits. In other words they will need to separate the Sc from the Pt and Co. Upping costs while upping profit. It is because they have other credits they feel as thought they can punt $1500 around. Its also why you cant build a central processing facility to process all the ore from the three companies deposits. I suppose some sort of co-operation could be arrived at with different processing circuits. The lowest cost producer should be SCY. Period. Scalability and alloy production are a nice set up.
Thank you Zerosum.
The other problem for a central processing facility is that CLQ has his own extraction process (that they will start selling), so unless SCY wants to use CLQ technology it wont happen.
Thats what they will use:
https://www.multotec.com/product/solid-liquid-separation/clean-ix-for-metals-recovery/clean-ix-for-rare-earths
I am really bad to compare technologies but CLQ's clean IX solution seems really less complicated than SCY.
CLQ has a cash operating cost of $444(from 2016 PFS) for scandium vs $557 for SCY.
I hold both and think they'll both be sucess story.
GLTA Long
GLTA