MLM 22.7% 2.7¢ metallica minerals limited

Re :MLM, page-61

  1. 4,751 Posts.
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    It's only a matter of time when Metallica will have to start announcing this JV.
    Just plucking the interesting parts.

    • Australian Mines believes that the market demand for scandium is increasing and that the Company is in a position to take advantage of that increase demand by securing offtake partners. The Company is currently in early stage discussions with potential offtake partners for the Sconi Project, which would see Australian Mines fast-track the construction of that project. The Company intends to use the revenues stream modelled for the Sconi operation to fund the construction of the processing plant at Flemington without requiring external funding or debt finance. The details of these discussions cannot be disclosed at this time for commercial reasons. No material or binding agreements for funding or off-take have been signed at this time.
 
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