Ucore should send Pip a big bouquet of flowers! Good Morning all,
I love this time of the year, summer in the Pacific NW. Sitting on the back porch drinking my third cup of Folgers. Going to be a great day, about 75 and sunny. Little or no wind. The shady back yard making in about 10 to 15 degrees cooler. Lunch at eleven with friends to catch the special.
Now Pip, is not a engineer or a businessman but he is instead a numbers guy. He see numbers and that is how he thinks and sees Ucore. Which in this case is a good thing. His and others constant harping about funding has changed Ucore course of development. I wish say Thank You, Pip.
Some of you asking what did Pip change. How Ucore gets to a fully working SMC in Alaska is what. As I see it Ucore was planning on turning a profit once the SMC was up and running. That has changed with the latest press release. Instead they are going to use the demo plant to make enough money to keep the company alive and kicking until the SMC come on line. Hey Pip, there is a light at the end of the tunnel.
Now ask yourself three questions.
1. What are the open market prices of the elements that Ucore listed in the PR?
2. How much cheaper is RSXs REE compared to MPs REE?
3. How will governments and the market react to a working REE plant that produces 99.99% pure REE in north America?
4. Will Pip, get a good picture of Big Foot with his camera trap?
I am off to lunch with friends.
Have a great day.
Dragon