http://www.scandiummining.com/s/newsreleases.asp?ReportID=745646
Scandium International has released it's Definative Feasiblility Study and the share price rose to 16c.
Some key points for me were that for the years 1-20 SCY are going to produce 37.69 Kg whilst CLQ intends to produce 42.5 tonnes!!!
Total capital costs are in the same ballpark with CLQ having an operating cost estimate of about $100.000 less pa.
SCY has an off-take agreement with Alcereco Inc and maybe that has been a factor in the production rate.
I have used the CLQScoping study for the comparison so there is an element of apples and pears in here. Please DYOR.
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42.5¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 1161 | 0.420 |
1 | 50000 | 0.415 |
2 | 22283 | 0.400 |
1 | 2455 | 0.395 |
Price($) | Vol. | No. |
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0.470 | 300 | 1 |
0.500 | 11363 | 2 |
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