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Thursday, September 13, 2018 5:07:40 PM
I don’t care who here chooses to invest in either stock. I do care a lot about the various opinions on scandium across the industry, and I know others here do as well. Australian Mines is expected to put out a FS later this month. They own a site that is part of the same laterite that Clean Teq owns. I’ll update the board with AUZ’s Sc predictions when it is released.
I’m not surprised, nor have I complained, that financing has not occurred. I don’t expect it this year, and at this point I don’t want it this year. I would rather see those 12 million warrants expire than give up 5% equity in the company just for the potential to move the project up a few months.
If you had done research on the scandium market, you would know that many other potential producers also have agreements with alloy partners. Niocorp is not unique in that regard.
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