I am Sorry ElCapation, QuestionsDear ElCapation,
I am sorry about last nights post, I was dead tried and got lost in the weeds so to speak. I have had my two cups of Folgers, fed the cats while the wife slept in.
Lynas is a single source juinor miner that has a separation plant overseas that it ships to. The cost of mining and overseas shipping is added to the cost of there REE when they sell.
Ucore is a tech/separation company that buys REE concertrate for separation or does separation for a fee. Starting with REE and moving on to other elements.
Pip, is right if we go by hard numbers. Pip, does not see the glass half empty but the dregs in the bottom of the glass. He is hung up on the missed timelines. Like I said hard numbers.
For Ucore to get to 75 a share like MP did back in the early teens, Will be about hype in the stock market not hard numbers. Ucore will be the newest greatest thing for the market to hype and move on. When China decreases exports and raises price there will but more pressure from governments to find a way of not using china's REE.
Like most here I am in the red. Ucore gets to a dollar most of my shares will be in the green. that will happen this spring I think.
My advice park a stop loss under your shares when you go into the green, and check in often.
My questions for Ucore.
What is the order of separation? Does RSX grab the REE group first and leave all the stuff we don't want in the ore? Standard SX leaves 15% of the element in the acid, does RSX do better than 15% in getting all of the element out of the acid? How big is the building for the SMC? Will Ucore do Platium from catalytic converters like they were going to do with MRT?
Have to go.
Dragon