Exactly what I was alluding to in previous post. By the time a billion dollar plant gets built and producing, companies like SCY who are mining sc only will have a head start.
They already have signed offtake agreements even though realatively small.
Apparently the market for sc will take some time to mature but when it does it will require some 300t annually...some 20 times current production, so maybe that time frame fits with a large scale mine.
Just wish some clarification by management was at hand.
Great to see the sp turn around though...but a long way back still.
Will stick it out.
Ann: Syerston Nickel & Cobalt Pre-Feasibility Study Completed-CLQ.AX, page-140
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