Well well, a deal where our Scandium can become available in China means there will be serious interest by more Chinese situated companies to consider use of Sc in other sectors as well inc some of my mates who have been keeping a close eye on PGM's developments. One I didnt expect such quick action on, nicely done Mr Mosig.
And that first trial lot is probably worth more to us than PGM;s currently re-rated market cap haha
OK then Sc is under immediate focus and can indeed become a major money spinner as it evolves, with BILLIONS of bucks in-ground value at Owendale's already JORC-defined resource (mind ya backs boys) now becoming available as a stable global supply source .... lack of which to date being the only reason why Sc hasn't been more commercially used. Love the low cost concentrates shipping idea ... but what intrigues me even more is the openly cited intent re becoming Oz's first primary producer from separate deposit sited in same locale ! Wonderful synergy for infrastructure optimisation both separate projects ! KEEN to hear intent there as metallurgical tests due anytime and that would mean full feasibility not far beyond that.
Technical breakout in an instant straight to major pivotal zone which should now become support and new launchpad .... and done on the Scandium project, with Platinum still to come! Wonderful surprise. My previously cited near term targets now come into full view so I expect to be converting all my options in due course for a seat at the captain's dinner table cos this baby is now a serious wealth creation mode on two local fronts, with (my) expected major capital return later from a sale of the mega treasures on ice which i have no doubt will attract a Chinese buyer as the precious metals charts mature.
Reckon last opportunity to get set, as some traders take their quick profits and then realise they wont be able to get back in again at what should now be the 2-year base line, in prep for (my) next serious quantum to a target 36 -45 for its first primary mid term ... (18-22 pause first) ... and on back of envelopes justifiable by likely Pt earnings at current Pt prices if Beluchi has it close. All depends on capex and how handled. Am increasingly confident we now have some seriously sharp thinking about.
So come on boyz, back to back with a platinum nod and we are on the way to the last oppies conversion sp most of us paid not so long ago. And then everything under that level can become the mega launchpad for the real fun beyond.
Lets see what becomes of sacrificial offerings ahead of next coming re-rates.
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IMBOOC
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