Replies to post #28884 on Niocorp Developments Ltd (NB)

[PutzMueler]

I don't think a price will be discussed because it just doesn't matter Between IBC and Niocorp.

IBC has the ability to achieve great things and grow their business exponentially with the connections they have which of course include Mark S.
They want and need our product to be able achieve this success.
Mark S. also has great connections, and probably took "his" ideas to them two years ago when IBC wasn't doing so well. He shook things up and now the wheels are turning in unison.
His/Marks abilities brought Largo back to life as well!

They don't need to be the price setters imo, because it is a straight trade off. Dual ownership of Patents and an agreed percentage of profits from those Patents.
NioCorp provides the product inventory and IBC provides the facilities.

But I is futile to be guessing strategy because what they did actually agree on would have been agreed upon two years ago imo.

[RJPETE7]

What I keep looking at is that IBC is only a ~10 million dollar company. They have reported having about 3-4 million in working capital. Punch in the numbers of what just 1 ton of our 100 yearly tons would cost them. I just don't see IBC being able to purchase more than a tiny amount at a time, and certainly not an offtake of the volume what would jump start financing...

I can see some value in the joint venture - but for now I'd much rather have big players step up for the first offtakes...

Just my opinion

[Dead On Arrival]

What type of news are you expecting?

[Landmark8211111]

The sale and price of scandium is strictly between the seller and the buyer. That negotiated deal 'need not be disclosed to anyone! To put it another way, NioCorp could sell to customer A (Sc203) for say, $3,700 p/kg, and the next day sell to customer B (Sc203) for $4,500 p/kg..
There is no hard set market pricing for Scandium...producers can/will sell their 'Sc products' at whatever the market will bare. Purely (demand & suppy).
Mark Smith just paid $4,000 p/kg for his Sc203 sample. I'm sure he tried to buy it cheaper.

Just to repeat what most already know here. Experts have estimated that there is a 3000 tonne p/a pent-up global demand right now for Sc203 - if there was a secure, safe, reliable source available to the market.

So, NioCorp's 103 t/pa, looks like it's got a very promising future.

The key takeaway here is; there is 'no set pricing for Scandium', all Sc. pricing deals are private deals, period. Anyone who thinks otherwise, are sadly misinformed.