As previously said PFS is min PFS for only a small specific area.
PFS is also focused on scandium. I have a feeling reading it that it is a scandium play with cobalt and nickel byproducts (scandium mentionned 67 times, cobalt 17 times, platinum 4 times). Yes oly, only 4 times, no matter the platinum price.
If Mosig oriented this PFS in such way, it is for a specific reason. He saw the potential of scandium and been approached by big players.
One other thing is PGM with this small parcel can provide as much scandium as Scandium International who already has his mining lease. Interesting to see all these scandium players scandium intl, PGM, AUZ, CLQ poping up in the same area.
Now why Mosig does not promote cobalt in this PFS ? Is he scared to be buy out by R.Friedland ? haha
"It now provides the Company with the requisite credibility to seriously continue negotiations on potential off-take and cooperation opportunities.”
Anyone has opinion if this PFS is strong enough to get big offtakes ?
What are the next milestones now after september ?
As previously said PFS is min PFS for only a small specific...
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