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Re: Boilermaker1 post# 36215

Saturday, 05/12/2018 1:58:38 PM

Saturday, May 12, 2018 1:58:38 PM

Post# of 113459
The 3rd part review was a technical review of the engineering and geology only. It did not include the market analysis or any other financial information. To date, Matheson’s assumptions have been reviewed and signed off by only one engineer. You can check the FS and the summary at the beginning listing which sections each engineer claimed responsibility for.

Any one that thought this was getting financed without further review of a currently non-existent scandium market has had their head in the sand. This is exactly why many of us have said this wouldn’t happen without an offtake with a price floor. The best verification is a contract.
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