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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...
) 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.
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TSX:SCY - Post Discussion
Scandium International Mining Corp
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•••
ChiliWillie
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Post by
ChiliWillie
on Nov 10, 2021 12:18pm
Surprising
Surprising that the market is oblivious to what a game changer this is for SCY. The fact that they prepared a news release at all tells me that this is significant.
(16)
•••
ARIMA11
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Comment by
ARIMA11
on Nov 15, 2021 10:44am
It is and it isnt. For SCY shareholders its a big deal; a favorable update. For the market its a relatively small project ($2.7M) that has yet to be finalized. In this sense it is still very early. Once the Final Investment Decision (FID) is made in early 2022 maybe then or a bit before... For perspective, going back to the investor presentation (P.7 and p. 9) the annual estimated revenue
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