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Re: monocle post# 69811

Thursday, 02/25/2021 5:05:17 AM

Thursday, February 25, 2021 5:05:17 AM

Post# of 128703
Yes, funny isn't it?

First, we had a Niobium play. That turned out not to be viable.

Then Scandium was added and a new FS was prepared, hoping that would attract institutional investors and make the project financeable. Which it clearly hasn't achieved SO FAR.

So are we now being prepared for yet another twist in this story and another update of the FS to include rare earths?
And if so: Is the reason for that twist that the project proved to be unfinanceable as it stands today?
Maybe the 10 million from Lind will be used for another update of the FS???

I hope not. I had the impression yesterday that management is preparing the ground for the BIG F NEWS within the next weeks. Let's hope we will not be disappointed again.

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