Sunrise Energy Metals Ltd (SREMF)

[tedro84]

A max prediction of zero is a little silly. We dont know what revenue they will actually receive from this and that is unlikely to be publicly disclosed until you see it it a financial statement. It could be a Hail Mary for financing, but ultimately I look at it as the same as the thyssenkrup and othe Traxys deal for niobium. The counter party isn’t going to go through the negotiations and sign the deal on a ruse. Niocorp needs a lot more than 10% of the scandium to be committed in offtakes to be a viable business, but this was likely a step in the right direction.