AUZ 6.25% 0.8¢ australian mines limited

Hadn't looked at Scandium at all when I wrote that, just googled...

  1. 97 Posts.
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    Hadn't looked at Scandium at all when I wrote that, just googled price and multiplied by volume.

    Turns out no-one is going to be able to sell that much Scandium at that price, CLQ plan to use their tech to produce and thus supply at a vastly lower price.... If anyone will even buy.

    So the 50b value is likely way off what could actually be practically achieved.
    I wouldn't worry so much about Scandium until there is a proven market, and AUZ has less than 2kt anyway, so it's not a big factor as I see it.

    Guess today you boys learned an important lesson:

    Don't believe the hype you read on HC.
 
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