I called the corporate to ask for clarification. Was told that because of the recent (1-2 months) private placements the SEC requires they file the S1. No alarm needed folks.
Metal price assumptions considered for the cutoff grade calculation are: Nb (US$/kg 50.00), TiO2 (US$/kg 2.50), Sc2O3 (US$/kg 2,400.00)
My lastest DD has Sc at 2,500. However a big dog looks to be be selling at 1500 in the future once there is a real market for Sc. JMHO nobody will do any kind of off take higher then that price. Unless they are very stupid.
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