Hoping somebody answers this better than I can. Certainly there is latent demand for Scandium far beyond current production levels. But who knows what the market will look like when our Scandium becomes available in three or more years? How many others will be producing and in what quantities? I haven't opted to do so, I made and continued to enlarge my bet, but I think a wait-and-see approach for investors is understandable.
I think financing is very likely to happen in the not-too-distant future, yet our share price is where it is. I think uncertainty about dilution (my optimism here is diminishing) and the future Scandium markets are the most likely causes.