public service announcement
Not investment advice. I am not responsible for any investment decisions you may make.
Please seek investment counsel before making any investment decisions from a registered investment advisor.
Please do your own due diligence. I am not recommending to anyone to buy or sell SCY.
This is a public service announcement.
North mark: "At least they keep buying shares. “
And that should tell you something. It’s the only heads up you’re going to get too.
Greed!
As a retail shareholder you really need to read the smoke signals with this group. Which is a shame. Because the share price could be multiples higher from where it is with a coordinated approach to market communication. So instead of doing a deal at 0.25 - 0.35 they could be doing it at 0.50 - 0.80. Doing any financing down here as opposed to up there hurts the little guy way more - not the insiders.
This story while potentially being embraced by the ESG millennial cohort could also become shunned by them for insider vs outsider actions that the team continues to “post" to the market place with failed updates and secret, they actually run the risk of alienating that cohort away from this great story, which seems to sit in the hands of marketing monkeys or foxes!
I also suspect just my opinion… that either a Granges or Austal sized entity or three has reached out to Rio Tinto and asked if and when they will have large quantities of AlSc alloys available in the next 36 months… I think this is why Rio Tinto is making noises in the Scandium space. Also If I were SCY, I would have handed my entire LOI book including the secret ones over to Rio Tinto a year ago — for further development. For it’s become obvious to me and I suspect they’ve cottoned on by now as well, that without Rio Tinto there will be no SCY as it pertains to Scandium production at Nyngan. Granges and Austal will never come to SCY for Scandium but they will go to Rio Tinto. So why the utter lack of any market communication? Well that fits these guys MO. They don’t have the scale and they also seem to like to keep a tight lid on a rapidly developing space behind the scenes. As far as IPG is concerned forget it. They are no where near being able to mine Scandium yet. They are 7 years away with lot son dilution to come. SCY is ready to go NOW! Shovel ready. So if you have a shovel ready project and you have a willing waiting large client or two asking when do I get me some SC Al what do you do? The question us why does the team here like to sit on the story. Well again they like to be loved just like the rest of us. And what better way to be loved than being able to offer either Rio Tinto or Private Equity a sweetheart deal. Retail shareholders, to bad for you. It’s insiders vs outsiders here. That’s how it is at SCY if you can’t read the smoke signals you are not going to get any help from Da Boyz.
Which is why I said “This is a public service announcement."