At one time Mark and his team were in this for strictly the niobium and there was no mention of the other two products. Trying to figure why they thought this would be successful without revenue from scandium. I am still hoping the CAPEX numbers drop significantly going forward. There has to be wiggle room in there.
The BFS is made by outside consultants who like to avoid any risk. They also want to cover their asses in case something does not happen as described.It' conservative by nature. The BFS also mentions the potential for this mine in depth and time. I am sure there are many operational alternatives. The BFS shows the preferred option at this moment. I would not be too concerned, the project has been derisked further and has tremendous support. The mentionned risks require mitigation. That's normal in any business. That's why we have an outstanding management team.
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