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Re: None

Friday, 05/14/2021 7:19:28 AM

Friday, May 14, 2021 7:19:28 AM

Post# of 391
Doug/MB- Dr. D confirms the magnetic separation process will work for the entire known resource. Concentrating the REE's to 5-7% and forming a concentrate which can easily be sold/separated by not only SEARCH minerals proprietary process but other entities & processes! (Thinking USARE/Saskatchewan synergies)

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