Scandium Canada Ltd V.SCD

Financing pathways

[Vicit11]

How do IPG solves their financing problem for CL? I have hard time imagining QC or CAN loans exceeding $100M, and the market won't finance the $800M leftover without significant visibility. Beside a major buying the rights and overtaking the project, I'm not sure what else is on the cards.

[ScandiumPower]

Imperial might need to  1) Increase mineral resources and upgrade these to ore reserves 2) Make careful piloting of the different process stages  3) Prepare DFS to prove technological, environmental social and finalcial sucsess of the project 4) Partner with big aluminium industry partner to get half of the investment financing 5) Take loan from the bank or other institution to finance