Replies to post #232 on Scandium International Mining Corp (SCY)

[Dutch123]

Husker,

1. The outcome of the NPV calculation depends on the discount rate used, individuals may use different rates. The 200 million CAD is not an ‘objective’ company value.

2. Another method often used to calculate the value of a company is based on the EBITDA. Company value = 5 to 10 times the EBITDA.
In the DFS you can find SCY’s EBITDA: 49,5 million USD
5 * 49.5 = 247.5 million USD (= 338 million CAD)
10 * 49.5 = 495 million USD (= 675 million CAD)

3. What you also should take into account is that SCY story is like the scandium story, a growth story. If you assume that SCY will double their production in 3 years, this should also be incorporated in the company value (and share price).

I think this answers your question.

GLTA

[Dutch123]

BTW the 200 million CAD is not correct.

In the DFS: 225 million USD (8% discount rate) = 306 million CAD

[BL4Nio]

FYI Honey Bugle. 80% ownership here as well.

Honey Bugle

Scandium International with Nyngan and Honey Bugle has a primary, scalable scandium supply.