You will not be able to do a normal analysis. World scandium useage is very small even though scandium is very useful when alloyed with aluminum. Basically CLQ will be able to control the price and nobody knows how they are going to price it. They can price it wherever they want to to stimulate demand, because the DFS doesn't rely on it. It is incremental volume.
My guess is that they will crash the price to whatever they need to, to get offtake and consumption. Just guessing.
Chinalco will likely be the first, though maybe Airbus will come in. Long lead times in aviation, especially when new materials are involved.
You will not be able to do a normal analysis. World scandium...
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.0¢ | $2.556K | 6.378K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 561 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2908 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |