Scandium International Mining Corp T.SCY

stewardship lacking.

[Zerosum]

Pathetic stewardship here gentleman. Other than a whisper rumour that Clean TeQ is potentially considering buying SCY out with funds from Turquoise Hill sale to Rio Tinto to get Nyngan for 100-150 million there’s NOTHING going on here. Fix it!

 

September 01/2022

Rio Tinto Makes All-Cash Proposal to Acquire Full Ownership of Turquoise Hill

[northmark]

Is the silence a symptom of ongoing negotiations? Let's hope so.

[Zerosum]

The five year warrant on a pp that had a high insider participation indicates that they are looking to sell this and know it could take a while. They know the Scandium market is growing and that Rio Tinto is going to be the major player in the space. Not the only player but a major player. The five year warrant provides for the possibility it takes that long but does not in itself suggest it will

[northmark]

I believe the pressure is on RIO, if they believe that Scandium has a future why would you allow a competitor access to a turn key project. The amount we are talking about is crumbs on the plate for the likes of RIO. It's practically risk free. 

[Zerosum]

Rio Tinto being a larger company does not think like that. they have world wide operations they just ised cash to pay out Turquise hill what other expenses do they have all around the globe? 150-300  million may not sound like a lot but when this years budget is blown due to Oyu Tolgoi, you get the picture. I'm not saying the budget is blown for 2022 but all things need to be considered

[shano1986]

Russian aluminum imports hurting U.S. market, Rio Tinto CEO says (NYSE:RIO) | Seeking Alpha