They are laughing at us bros

Latest from the CLQ thread :

"""And impressive, too, compared to the stock performance of two Australian companies looking for scandium in the same neighbourhood as SCY. Platina Resources (ASXGM) has seen its shares decline from A$0.092 in April to $0.035 in Friday afternoon trading. It has been hit by a decision from Chinalco Resources that the Chinese company would not proceed with negotiations “in the current market conditions”."""

Should be a nervous laugh too tho, cos they are at ten times the market cap for SAME METRICS and project status. What was that last ASX report about, pulling out some general public article from Aleris not related specifically to their project?   Hey I had drinks with Aleris guys 18 months ago for my own DD and they were saying then same thing then.  Or do u think they or anyone else in this yet to be commercialized biz would commit to any one supplier, or that if one buyer appeared the other potential suppliers wouldn't be swamped?  

CLQ have a small pilot plant and very high cash burn rate atm and a top heavy admin face. They wanna promote their "technology".  PGM showed 18 months ago in their scoping study this purity could be made from standard off-shelf process so that aint the big deal.

And at least PGM were already in DD stage with a global major.  Doubt they have shelved it, probably only playing the usual Chinese games.  But there's always more than one way to skin a Siberian Tiger. What have the others achieved, some academic study and "co=operation" ?  Please don't say MOU cos u know what they are worth.

Lets see who commercializes something first in given low energy pricing background.

And lets see who else has JORC 15 million ozs precious metals warming to a new precious metals bull in its early stages, only needing to reach critical mass of pms pricing to come roaring to the forefront.  GM 6 mill market cap hey, that's about 35 cents per ounce in-ground for the pms alone, if u wanna apply nil value the Sc.  Who has the upside.

Got my cash exclusively on the Ice Queen, as they who laugh are sitting at the precipice of their own technical chart disaster from 60 mill EV .... but they do have Friedland who probably would want to increase his stake at 7.5 again.

Personally would prefer others did the time of academic and market development for all of us in the Sc game while we focused on the golden days ahead.  That has always been my stance in here.

Opinion as always ...... and seriously, why bother in these coming golden days.  At least PGM also have a million ozs platinum with the scandium likely.  U would think any interested JV partner might be looking at a free ride there as well.

  I like this moji.

(Note my "sell" is for strategic purposes haha)