Friday, May 14, 2021 7:19:28 AM
Again...He confirms that SHCMF is looking to bring the 3 resources together & complete F.S. in 2 years timeframe as they prove out their separation process to scale. They have a good portion of the funding to do so & are looking to seek a partner/finance @ 2023.
All of the above will greatly enhance the NPV & reduce Opex/Capex expenditures. I think easily about 10x current share price in 2-3yrs.
To me they are on a similar trajectory as Niocorp now & should be in production by @2025. (of course "If" funded lol!) So again a 2 year hold & accumulate in the .16 range makes sense to me as well.
USA rare earths needs diversity of supply to bring their mine to magnet strategy to the market & SHCMF is on the menu!
All IMHO & do your own DD
Chico
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