IXR 5.00% 1.1¢ ionic rare earths limited

Ann: Makuutu Definitive Feasibility Study, page-102

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    So someone correct me here if I am wrong, but IXR are proposing to produce the same amount of scandium oxide that is currently produced globally (proposed production rate in DFS:15 tpa, currently produced/consumed worldwide: 14-23 tpa).

    And they are making the assumption that effectively doubling global production of scandium will not flood the market and change the scandium price in their DFS what.png

    https://hotcopper.com.au/data/attachments/5638/5638204-96492bd424774ae6c4c82805650af65d.jpg

    https://hotcopper.com.au/data/attachments/5638/5638205-c23e921305a53f3e4e54702247889c21.jpg

 
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