Niocorp Developments Ltd (NB): Feasibility study? I think we will pass....

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Niocorp Developments Ltd (NB)

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Monday, 09/19/2016 7:38:45 PM

Monday, September 19, 2016 7:38:45 PM

Feasibility study? I think we will pass. lol

We have, 97 tons of Scandium per year to be produced, and this 2013 article says 15 million per ton was paid for scandium in 2013.
I don't think the price will drop that much because there will still be more demand than product.

Assuming Niobium can carry the debt/costs.
This equals free and clear 1,455,000,000 / year in SC alone.

the article,,,

"Trade in scandium is extremely small in volume, as only about 5,000 kilograms a year are used. Yet the amount of money exchanged for such a small quantity is stunning, as scandium fetched $15 million per ton in 2013."

http://foreignpolicyblogs.com/2013/12/17/scientists-report-finding-scandium-a-potential-rare-earth-element-in-the-arctic/

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