Niocorp Developments Ltd (NB)

[Ak74]

Here we go again.

"That said, current pricing for higher-purity levels of Sc2O3 range $3,000 - $5,000 / kg, as has been noted by many observers. One can purchase Sc2O3 at even lower prices, but that is almost certainly for lower-grade material that probably needs additional processing, at additional cost, in order to meet a particular manufacturer’s product specifications. 

All of this may help to explain why it doesn’t make sense to say that the price Sc2O3 has been set at ~$2,000/kg by junior miners who have executed non-binding letters of intent on their Sc2O3. There is no “commodity price” for 2Ns Sc2O3, or 3Ns Sc2O3, or 4Ns Sc2O3. Of course, in the wild kingdom of the internet, where anonymous voices can claim industry “expertise” without a day’s worth of experience in the spec chem manufacturing, sales, or customer service sectors, there will always be those who speak authoritatively about how these markets work, albeit inaccurately. "