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Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

Ucore is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.


TSXV:UCU - Post by User

Comment by PipinoCuevason Mar 10, 2024 11:09pm
57 Views
Post# 35925661

RE:RE:RE:Ucore's two birds, one stone trick.

RE:RE:RE:Ucore's two birds, one stone trick. DRAGON
I will humor you. Lets say, by some miracle of jesus UCORE gets 4 million and 10 million from DOD in july.   figure the 4 million covers the cost of testing and 10 million goes to SMC
Phase 1 of SMC costs at least 45 million   where is the other 35 million coming from?
OEM's jump in?    with luck, `10 million   guess who is footing the rest????
US  so again, say hello to dilution.
Not a horrible outcome but not some road to riches either
It may be worse, we have to dilute 35-40 million in shares    OUCH
If we get more than half of SMC paid by dod/oems,   it may be a solid gamble
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