I am a stockholder of this company, but it amuses me that they still think they are a scandium play. They better be working full time to quantify their cobalt resource. Off-take agreements for Australian cobalt are going to start heating up like you won't believe. The VW offer was the first move. A single deal or two will set off an avalanche, as other car companies will start to panic that they'll be last in line when supply runs out. Scandium off-take agreements for anybody is a pipe dream for many years. I own Platina because they probably have billions of dollars of cobalt in the ground, and cost 25 mil? LOL. Now get to work defining that cobalt resource, I know an update on cobalt resource is supposed to come out soon. Hopefully that will be compelling. Nobody is going to finance a scandium mine, duh, thats why we have a 25 mil MC, the market values scandium at zero, so they going to finance a mine for hundreds of millions? On the other hand, car companies may be coming in droves with a blank check to build the mine if they get a cut of the cobalt.
PGM Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
