SCY is a pure Sc play, has lower grade, lessor tonnage and needs usd 2000 / kg sp in their studies cf PGM's usd 1500/kg.
Their past commentary cites expectation of global market demand growing to 500 tpa scandium oxide use in mid term and Chairman's comment they wish they had more Sc reserves.
PGM is a much better Sc play IMO even if Sc is only a small part of our cornucopia , no part of which has even begun to be properly valued. Market isn't yet focused on Sc yet until a commercial deal is struck to bring it to the fore. Still expect PGM to bring home the first Sc bacon.
PGM will probably also soon show it has as much Cobalt-Nickel as CLQ once some bucks are thrown at full Owendale resource definition. CLQ have already thrown big bucks at Syerston Co-Ni drilling to come up with their resource. PGM is about to start throwing some bucks at its. Hopefully our new leader will have lotsa groupie friends wih big pockets hey Winfield,
PGM ALSO has 10 mill ozs gold, 30 mill ozs palladium , a stack of platinum and other goodies on ice waiting the thaw. At least you all know about this now.
Naturally one assumes the company's intentions have not changed. We should soon find out what priorities are. Quarterly due any day.
Am sure down the track there will be all kinds of NSW peer group consolidations etc Just keepya hands off the Virgin Ice Queen.
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