RE:RE:RE:RE:RE:RE:RE:RE:NEWS Another HPA patent filed - a CMR-deal is getting close! 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 they buy or sell SCY
Like Peter in the video below
CO2 is work peter does, so what if Peter does no work or produces no CO2?
https://www.youtube.com/watch?v=zBfTrjPSShs
And then what if Barrick were to calculate it's GHG emissions based on how many Cu Eq pounds they produced globally?
So we all know what Eq means, when we see drill assays often the junior will say 3 gpt.. Au Eq, or 2.3% Cu Eq which is a way of saying we converted all the other metals in the drill core to what they would be worth on a Gold or copper equivalent basis. Often it's done to raise overall dollar per ton or rock numbers so instead of just a ton of ore at $200 it's now worth $450 a ton. (they often leave out the separation costs). Back to Barrick, what if they used Cu Eq's to book all their GHG emissions, and then that became an industry standard? Or if it does not become an industry standard what if they use it? You will need to use some benchmark soon. Better to control that, right! Lets say they produce 1000 lbs. of copper with 5% of a tonne of CO2 being produced. Now let's say they also in that same process produce 1 kg of Scandium worth $2000 with No extra CO2 produced — because the raffinate is already there for Copper and Gold extraction anyway. And down stream you pull out $2-3K worth of CMR as by product, either Scandium or Nickle or Titanium or Ruthenium. or Uranium or Bitcoins, doesn't matter, what's important is that there is zero extra CO2 being produced at that stage for all that extra metal, cash and credits - emissions credits. So those credits are clean or have very little CO2 in them. That's important. What's that worth to a new Biden style Mine Barrick wants to conform to? Might as well ask ourselves what’s it worth to Barrick to stay in business as a gold producer. It's worth Giga dollars. As I said in November in a long post The ESG and CO2 credits spewing out of SCY are not recognized by insiders here but they are damn well recognized by Barrick. Look at it this way. I produce 2000 lbs. of copper while producing 5% of a tonne of CO2. Now I book that. Next year I also along with that 200 pounds of copper at 5% a tonne I produce $2000 worth of Scandium or a suite of elements with $2000 at zero CO2.
I divide the price of copper $4.50 into $2000 and I get 440 lbs. of copper I can say I produced at zero CO2. Multiply that across all similar style mines around the globe and WD’s patents are worth GIGA dollars to the ABX's & FCX"s. Now, ESG funds will not kick Barrick out, like they might as a gold only producer in the future. Like they have with Carbon producers Exxon, BP etc...
Now Barrick has a lifeline. Still don’t think a sharp guy like Mark Bristow doesn’t see the Deep value the book worms at SCY offer Barrack? The SCY guys, do they really see this? If you get thought the first 117 minutes of that webinar own Barrick’s web site (link below) listen to the last 15 or so minutes. Nothing concreatno, but It’s a big clue to how they are thinking and where this is going. SCY is so valuable to some of these large extraction companies it’s mind boggling. Mark Bristol is very sharp, he sees it first. Barrick should and likely will buy 20% of SCY soon Just My Opinion.
https://www.barrick.com/English/investors/presentations/event-details/2021/sustainability-investor-day/default.aspx