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Re: Landmark8211111 post# 32519

Monday, 01/08/2018 11:20:02 PM

Monday, January 08, 2018 11:20:02 PM

Does not hurt to refresh this for the benefit of all current posters who may not be aware of the situation.

Also offtakes for Nb that Elk has are at prevailing spot prices without any financial contribution towards capex. These type of offtakes are better than nothing. They could include some $$ to help finance the $1 Billion capex if the offtakers were really committed.

What is your take on Cradle Resources?
Cradle Nb - $200 million capex
Scandium International scy - $200 million capex
$400 million total capex for both
One heck of a lot less than $1 billion for Elk

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