NYSE:AMC - Post Discussion
Post by
DeepValue81 on Jul 08, 2022 1:19pm
Any more miners of intrest at crazy low marketcaps?
Imperial Mining group recently had a Mind blowing PEA showing gross metal revenues of 15.2 billion over the lifetime of the project with annual net revenues of 608 million. This is a Scandium play that currently has a marketcap of 13.93 Million. There is serious cash that can be made.
Rio Tinto has just become the first North American producer of scandium oxide. Supply is very low for this important startegic element. The Crater lake resouce of Imperial Mining is strategically located close to the aluminum producers. This will be a great future relationship for domestic supply chain.
A project like this doesn't come around too often, especially at this discounted price. Of course investment capital needs to be injected to see the potential of the PEA. The company was very concervative discounting the price of the scandiaum oxide by 61% and the master alloy by 40%. So the profit margin can be a lot greater. I think AMC can pounce on this oportunity just like it did with Hycroft. Investing in miners, I have never seen such an opportunity. Extremely undervalued
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