Niocorp Developments Ltd (NB): Correction: It was late when I wrote tha...

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Re: PutzMueler post# 113894

Tuesday, 07/09/2024 10:35:49 AM

Tuesday, July 09, 2024 10:35:49 AM

Correction: It was late when I wrote that. With more clarity, it was my understanding back then that Mathesons quote was for high grade scandium to be sold as a finished part using a partner like IBC. The Sc/Al came later. And yes, I now recall you and some others posted that $3500/kg was the going price at the time of the release of the FS so LCP was definitely wrong back then. Did not know Sc has dropped 50%. Incidentally, MP Materials (formerly MolyCorp) peaked in March 2022 at $57.50/share and is now trading at $14.04.share so the REE market appears to be lagging in general.

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