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Re: walterc post# 100445

Monday, 08/14/2023 11:29:21 AM

Monday, August 14, 2023 11:29:21 AM

Post# of 113968
I think that people should realise that the price of scandium becomes an internal transfer price ( not a market price) and that scandium will be part of the scandium alloy material bill. That material bill will determine the total product cost of the scandium alloy. Transfer prices can be put at any price level depending where the company or companies want to create or split up the overall profit margin. So the external scandium prices have become a non issue if most of Niocorp’s scandium is processed in scandium- aluminium alloys within Niocorp and it’s verticals.
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