Niocorp Developments Ltd (NB): Good question, but we will not get any a...

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Re: monocle post# 100432

Monday, 08/14/2023 9:23:03 AM

Monday, August 14, 2023 9:23:03 AM

Good question, but we will not get any answers. Scandium is a specialty and the price is set as a the result of negotiations. There is no ‘ commodity ‘ market,. The price depends on purity levels required by individual industry sectors. Given overall limited supply (of each of these purity levels) demand pays the price it can justify based on overall improved competitiveness and cost structure. This is not your normal commodity and futures pricing. So what we outsiders can conclude is that you need to rely on reliable insider sources for guidance,

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