Scandium: The $20 Billion Dollar (PLUS) Opportunity – Rimfire’s Path to Greatness, page-152

Thanks Bomber, looking into it. The Indo nickel situation would explain the fall, and the pivot into scandium. According to that July announcement, “The potential for a small, high-grade, stand-alone scandium mine adjacent to the Sunrise Battery Material Complex provides a potential pathway to near-term operations and cashflow for the Company".

I guess that is where people might take a divergent view on the stock. Is it a scandium mine tacked on to a nickel-cobalt project? Although NPV of ~$273m is not to be sniffed at, it is in their own words "small".