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tedro84

11/27/19 6:18 PM

#56541 RE: Landmark8211111 #56534

CLQ and SCY can both produce 99.9% Sc. Platina and Australian Mines can as well. The difference is that these four companies project an extremely limited market for such a high degree of purity and have incorporated that limited market into their studies. The technology for such purifies is not in question for the other companies. Nio has 70 ppm Sc. The other companies have between 300-600 ppm. Niocorp assumes demand for Sc will increase by 5-10x as soon as they flip the switch on their “mine”, all while assuming global pricing at the current 10-20 tonnes won’t be disrupted.

It’s an absurd argument that literally no one in the professional mining industry is buying into. Hence why they are dependent on retail Nebraska investors and a group of Europeans of modest wealth to keep this afloat.