Hottin,
A share price of $3 would be delightful, however I think there is easily potential for a SP of $6+.
In case fellow pgm'ers are not aware I am very bullish on the scandium play. The agreement with honfine is the catalist to awaken the scandium market.
i personally am expecting multiple agreements / binding or not in the next few months. Take your pick, bloom, aircraft manufacturers other fuel cell techs.
my research has conclusively proven (to me at least) that there isa sleeping giant by way of scandium demand, all it was waiting for was a resource to come on line. Metallica have theirs on the back burner, EMC are lagging after their settlement with Jervious.
The rewards are huge for the first to market for a reliable, high grade scandium miner to supply the goods.
There is a demand and a market for at least 200 tonnes plus annually. At say a conservative $2000kg, you do the maths.
So yeah I think a market cap in excess of 1bn is easily forseable.
you don't have to agree with me or think I'm off my rocker, but research scandium and the demand/ supply situation of the last few years and see if you can come up witha different conclusion.
and just for the record, you can bet there are some big boy's watching our little co very closely waiting for their trigger to say, hey we're in too.
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