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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

Comment by Zerosumon Oct 27, 2021 11:22am
187 Views
Post# 34054516

RE:RE:LOI signed

RE:RE:LOI signedThey have recovery results from NGM Phoenix mine. Guess what IT WORKS! What they need to better understand is how it will scale and cost at that scale. Both parties know it works at bench scale. Is that enough to secure funding that is the question. Well yes and no. Of Coarse if we had marketed this enterprise better we would already have a higher share price and funds on hand to put up our end of the funding with NGM. But as we know we don't like to talk about ourselves because we feel we don't have a sustainable narrative yet. I get that. But now we are here in need of partner funding. Look, it works and it will scale. and the costs will vary within certain perimeters. You can never truly 100% nail down the costs associated with ore extraction leaching processes. You can come close but the very nature of rock and ores is that grades vary all the time. If anything the extraction of CM's is closer to something that is more reliable than first pass leaching. Then add on the reclamation cost savings the ESG fund inclusion and the good will generated for the planet and you can see that SCY should have no issue securing the funds needed to move forward. Should! Look at the Bloom order 4.5 billion. Wow guess what we are at the fulcrum of green innovation being funded to SAVE the planet. If SCY does nothing else they should pound the table on that message alone.  That this is the space the needs funding and development here and now. And if tire kickers are unimpressed move on to someone who GETS it. And if we have a CEO who for somereason can't quantify the true story here we should as a BOD replace said CEO with someone who GETS IT! But you know I think GP gets it. I think he finally has something to talk about. And while we wait Bloom will need lots more Scandium Oxide. 
 
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