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bcomaha

08/04/17 8:22 PM

#27145 RE: Lard #27144

Exactly, The only one that might buy prior to const would be a LARGE end user.

Prove your #'s for at least a couple of years, let the scandium market bloom, then talk to me 2 places to the left of the decimal.

See you all on Sept 8th.,only 10 days (max) till the Full report is out :)

tedro84

08/04/17 9:07 PM

#27147 RE: Lard #27144

I don't particularly think a buyout will occur either, but not for your reasoning. The partnerships and messaging you reference can largely be construed as positioning for capital.

Also, any valuation based on NPV (please pardon my missed decimal point earlier, obviously should have been 1.7) already takes into account the billion dollars of capex. We own the asset of the FS and have options for the rights to the entire minefield. The risk associated with building and operating is why I assume a significant discount to NPV, but that is something that us shareholders could debate about all day - hence this forum!