Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.

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Scandium International Mining Corp

Bullboard Posts

Comment by AllDutch1234567on Nov 14, 2019 9:02am

136 Views

Post# 30349687

RE:RE:1/2 way through last quarter

Zerosum wrote: 10-Q out. Low on cash. Also says financing in Q2 2020.

some observations:
- Offtakes in Q4 2019 and Q1 2020. Customers are in the lead, they decide when the time is right to make that decision. It's out of SCY's hands.

- Q2 2020 starts in about 4 months.

- No announcements of additional LOIs in H2 2019 so far. Which I think is a good thing. More LOIs could be interpreted as no real progress.

Long on SCY

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