Bullboard - Stock Discussion Forum Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

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... see more

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Scandium International Mining Corp > 2021???

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Post by teddygva on Mar 02, 2021 12:31pm

2021???

9 months left to secure Update Feasibility study, Offtakes, Financing, Anyone think it's possible within 9 months???

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Comment by AllDutch1234567 on Mar 02, 2021 2:24pm

Update DFS? I don't think they are planning to update the Nyngan DFS. However, I do think they will give us the site specific CMR economics (CapEx, NPV, IRR, etc.) Offtakes? SCY has been working on scandium offtake agreements for 5 years or so. With all the known and secret LOIs, I see no reason why they can't be announced within 9 months. Financing? ...more

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Comment by shano1986 on Mar 02, 2021 3:36pm

Alldutch do you have a link for an article on what scandium does for the future of batteries? i would like to have a look.

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Comment by teddygva on Mar 03, 2021 4:36am

Yes alldutch, the DFS is 5 years old. Financiers need updated numbers on costs. Takes time to have binding offtakes agreements and set pricing mechanism. $2000 is too expensive from what I get from people in the industry. Financing: after the feasibility study is updated with 2021 costs the financiers will look in details before throwing $100m ... But hey 9 months! Oh and by the way, have they ...more

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