Scandium International Mining Corp (SCY)

[TMLonggun]

The one thing that infuriates me and every other holder of niocorp, is when posters from SCY and CLQ come onto the board and relentlessly bash the pricing of scandium in our PEA.

Really? I doubt this happened. I think it was mentioned and all the nio guys overreacted. "Relentlessly bash?" There is only a few SCY shareholders and there isn't even a CLQ board. I think what you meant by that extreme hyperbole is that one or two SCY and NB shareholders pointed out (once or twice to deaf ears) that using a more realistic, conservative estimate is better than $2000+ or whatever their number was. If nio gets $3k/kilo, all the power to them, but I don't think that is likely nor is it conducive to long term supply and demand. The sweet spot for scandium is probably around $1000/kilo or less with the first couple of years of production at slightly higher costs. Scandium is expensive and from what I can tell its cost benefit goes down the crapper over $2000/k. It is hard to sell an alloy additive to a jet maker if a small bit of that additive costs more than all of the aluminum in the jet.

Our pricing was done through a third party and has been thoroughly researched.

So? Are third parties doing estimates on thin, opaque markets always 100% accurate and infallible? Of course not. I am a third party and I have done a lot of research and I think the NB scandium story is not impressive when compared to a pure scandium junior. Niocorp is a good company but it is a niobium company and isn't the best scandium play despite what the innumerable niocorp fanboys will say.