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Alias Born | 12/18/2014 |
Monday, August 14, 2017 11:20:43 PM
What I predict and it is just opinion is that a scandium off take of 25% will be in place by December 31st. The DoD will also partner with defense contractors to accelerate additional offtakes of scandium within 10% of the asking price within 6 months to 1 year or sooner.
As far as the stock price, nobody knows but I am hoping that the share price for niobf to land somewhere between $2-3 shortly after the first scandium off take as a vote of confidence towards the goal of financing the project. The price will slide back a little after the enthusiasm wanes on the great news until financing is in place which will take the stock to $5+ and steadily grow over time as we get closer to building the mine.
No one should rely on these guesstimates for investing in this stock, this is just my opinion.
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