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Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

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.


TSX:SCY - Post by User

Post by AllDutch1234567on Aug 20, 2021 1:13pm
310 Views
Post# 33740335

SCY's share price will be in the 2.39 - 7.16 CAD range

SCY's share price will be in the 2.39 - 7.16 CAD rangeSorry, for my somewhat technical posts ;-) 

Based on my previous calculations/post: SCY's marketcap in the US 1-3b range.

Number of shares assumptions
316m shares outstanding
30m management options
49m for the cost of development CMR+HPA (= (US 7.5m * 1.3) / 0.2). Financing @ .2 CAD
150m for Capex financing CMR+HPA (= US 150m * 1.3) / 1.3). Financing @ 1.3 CAD

Total = 545m shares outstanding.

Marketcap US 1b = 1.3b CAD
Share price: 1.3b / 545m = 2.39 CAD per share

Marketcap US 3b = 3.9b CAD
Share price: 3.9b / 545m = 7.16 CAD per share

And we also have Nyngan...

GLTA

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