AllDutch1234567 wrote: I agree Zerosum, anything could happen. Here are some of my observations/speculations:
1. Maybe a potential offtake partner is willing to fund some of the Nyngan CapEx. For them to commit to an agreement the ruling of the NSW-Government on the land/ML first needs to come to a definitive resolution. If the old ML gets reinstated this practically doubles the size of the resource and both should be able to get a better deal.
2. The new business model is an addition to the Nyngan scandium project, not a replacement. SCY will generate a substantial income not only from the sales of other valuable minerals but also receive royalties by offering their (proven) know-how to other copper mines all over the globe.
3. The so called ‘demonstration plant’ – in order to become a certified MA producer and produce batches of AlSc MA for customers - could/should be part of the new business plan.
4. The new business model focusses primarily on transparent, established metal markets and also leads to a partnership with a copper major, therefore it’s less risky and complicated than the Nyngan project. ‘Efficient execution’ is key to success, market development is not part of the equation. Once they unfold the great economics (high reward/little risk) the share price will soar significantly.
GLTA
Zerosum wrote: A story with no tellers. Except one news letter writer, who’s readership might just be glad to get their equity back and sell when they break even on the way up. They will likely be the sellers going forward those that have been disappointed the most over the last few years. So what, good be. What if fresh eyes started too see this story… What does that mean. Look at it this way. If SCY were to attract the writing skills of another News letter writer or even 2, what if the Robinhood crowd currently pushing up Hertz and Nikola decided SCY was very cheap with a great upside future? This is an orphan stock ask yourself if that began to change even a little bit through social media, Robinhood, luck, or business plan execution what would a wider audience due to the share price? Do you want to be on the sidelines IF they actually begin to get the business plan implemented. With some good news on waste streams or off takes or a JV’s that covers mine development the Robinhood crowd could push this to $4.00 in a day. Anything can happen.