That statement jumped out at me when I read the article this morning. That is exactly how I view the company and the only reason I haven’t sold. I still think the scandium revenue forecasts are bogus and that this company will not turn enough profit in private industry alone to satisfy financiers requirements.
On the other hand, you can’t really quantify the strategic value of niobium to governments in the context of NPV in a feasibility study. I will be looking for some sort of verbiage in the report that is similar to this. This is really what the German Untied Guarantee does for Germany.
The report actually has not been delayed. The due date was always mid November. It is due 180 days after the critical minerals list came out. Some articles had erroneously listed the August date which was 180 days after the draft version.
Yes I agree with you in regards to that last sentence. The word “if” applies in the event that some assistance is required, but note, she spoke of incentivizing producers with “purchase commitments and other guarantees”. What would be a minimum amount in purchase commitments to kick start and entice more funding for the project? God knows its necessary to get this mine built and producing as quickly as possible.
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