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Re: monocle post# 28884

Sunday, 09/24/2017 11:20:32 AM

Sunday, September 24, 2017 11:20:32 AM

Post# of 115378
The sale and price of scandium is strictly between the seller and the buyer. That negotiated deal 'need not be disclosed to anyone! To put it another way, NioCorp could sell to customer A (Sc203) for say, $3,700 p/kg, and the next day sell to customer B (Sc203) for $4,500 p/kg..
There is no hard set market pricing for Scandium...producers can/will sell their 'Sc products' at whatever the market will bare. Purely (demand & suppy).
Mark Smith just paid $4,000 p/kg for his Sc203 sample. I'm sure he tried to buy it cheaper.

Just to repeat what most already know here. Experts have estimated that there is a 3000 tonne p/a pent-up global demand right now for Sc203 - if there was a secure, safe, reliable source available to the market.

So, NioCorp's 103 t/pa, looks like it's got a very promising future.

The key takeaway here is; there is 'no set pricing for Scandium', all Sc. pricing deals are private deals, period. Anyone who thinks otherwise, are sadly misinformed.
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