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Re: AlwaysOptimistic post# 107486

Sunday, 01/21/2024 3:34:59 AM

Sunday, January 21, 2024 3:34:59 AM

Post# of 113248
Ao. see point 3

Here is an attempt for a resumé of the Q&A session ( cursor slide to Minute 51)

 

The Question around the Spac deal failure , There we got the explanation of the failed banks the week of the vote which for a moment created chaos in the financial world . Investors feared a domino effect and a 2008 scenario . If these banks would have waited a week later to go bankrupt the financing might have been in place.

 

2) The current transfer price for scandium is between 3000 to 5000 usd per kg. ( based on the current selling price of al- sc alloys knowing that 2 percent of the cost price of these alloys is the scandium transfer price;

3) Scandium alloys revenue will not be in the Feasibility study and neither will other potential revenues from verticals (downstream revenue); That has the advantage that scandium alloys can be talked about faster and more because talking about Feasibility study results can only be done when experts have signed of this FS and is subject to legal conditions.So we will hear about tthese downstreet activities sooner .

4) We are also going to potentially separate and refine rare earths from other mines ( which will again increase revenues ) with tolling agreements. If of course we want to go x2 or x 3 in separating rare earths from other mines there will have to be a minimum capex addition. ( small incremental capacity says Scott Honan)

5) The Lockheed conference was a success with top defense companies showing interest in the mine because all of our products have application in Defense.

6) Staff expansion is now being planned.

7) AL - SC can also be in 3D printing
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