The market desires reliable supply and any one project is insufficient to provide that. If the sector leaders succeed, then the new class of scandium juniors and wannabes will develop their deposits - scandium is found all over the world, US, Canada, northern Europe, Australia etc but nothing quite matches the Australian laterites which are the undisputed mother lode of scandium - bar none - no known comparable deposits exist outside of Australia. Look at the grades and depths side by side - they are striking. Niocorp can easily succeed and make a lot of money for its holders but comparing their scandium discovery to SCY or any of the other Australians like Clean Teq or Metallica is a joke. One is a lean, mean Olympic athlete, the other is a tad overweight.
Side note: Clean Teq now has a Canadian listing (finally!) and is an excellent company with fascinating water purification technology and some of the best scandium on Earth. Kind of an interesting combo, even if they have slowed development of their mining projects as I understand it. On my list to do some research, I really like Friedland.
Probably worth it to own a basket of scandium companies weighted in SCY's favour imo.
I bet SCY starts to raise money here shortly and that should begin the next (less boring) stage of the mine cycle. In the mean time, we wait patiently (or not).
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