The resource estimate suggests 10 billion dollars of scandium in this one project alone. It could be up to 20 billion at current scandium prices. I am no expert in junior rare earths, so I invite others to look at the document and offer their opinion on the calculation (I used AI to generate this valuation). The share price suggests some others have precisely that opinion. In this context, why would GPR want to walk away from all that potential? And if they do, others could be expected to beat RIM's door down.
As I said before, chump change assuming the resource delivers even a fraction of these values.
There is agenda of scaremongering and mud slinging with this poster, so we can discount his comments. But anybody who can make reasonable arguments to the contrary are welcome, most of us just want to understand what we potentially could have on our hands
RIM Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
