From CLQ DFS, edited Summary of outcomes after main body of DFS:
"The Company believes that the scandium market has considerable latent demand potential... scandium oxide prices have historically ranged from US$2,000-4,000/kg...the DFS has assumed a forward price of US$1,500/kg, which is the price at which the Company expects significant additional demand growth to be stimulated."
They did not come up the belief that $1500 per kg will "stimulate demand growth" by hanging around the office daydreaming about it.
They have been in close contact with Airbus, Chinalco, and UAC.
Ergo: I expect take-offs at $1500 per kg.
A Mega Mine, NSW lateritic clay belt, page-103
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