Post by
MuttleyKnows on Feb 17, 2023 4:36am
Lynas new impact of Ucore
I have been giving this some thought. Besides my previous posts banging on about offtake agreements and government grants, this news about Lynas is extremely positive for Ucore. Various governments including the US must be worried about maintaining REE processing capabilities outside of China.
What does this mean for Ucore?
Firstly, the potential number and $ amount of government grants for Ucore should have gone up. Governments should logically allocate even more money to Ucore to help them build not only the LA plant but also additional processing plants. Tens of million of USD is a small price to pay for addressing a national security threat. So in addition to offtake agreements coming, I expect more and larger government grants which will help push along the announcement of a second Ucore processing plant.
I have a sizeable position in Ucore already at a low price ... now thinking about adding to my position. Pip, slap me now. I am getting greedy thoughts in my head
Comment by
Rodtipup on Feb 17, 2023 9:20am
wouldn't that be the ultimate slap in the face to Ausheds if Ucore and Lynas began a JV. I'd pay to see that
Comment by
asdomke on Feb 17, 2023 9:40am
Every time I would bring up Lynas to Mark he would light up. Like he wanted me to ask the right question so that he wouldn't say it. Mark said that they have been in conversation a few times. It was always left with the thought that they will be part of UCores program. Interesting
Comment by
asdomke on Feb 17, 2023 9:41am
Every time I would bring up Lynas to Mark he would light up. Like he wanted me to ask the right question so that he wouldn@t say it. Mark said that they have been in conversation a few times. It was always left with the thought that they will be part of UCores program. Interesting@
Comment by
PipinoCuevas on Feb 17, 2023 12:03pm
Asdomke at this point, u should trust MarkM as far as u can throw him guy has been spinning for years possibility of him drinking Folgers on the porch with dragon petting cats
Comment by
PipinoCuevas on Feb 17, 2023 12:02pm
Rod i have to admit, that would be funny.
Comment by
PipinoCuevas on Feb 18, 2023 12:16pm
I would suggest anyone sell position. Trimming and trading when it's spikes isn't a bad idea and yes, buying more after real funding may make a little bit a sense go read up what REEMF did once they received 22 million in funding. Pps zoomed to $4. But then they did a huge Rights offering and they are 35 cents now. That where people need to be careful
Comment by
PipinoCuevas on Feb 18, 2023 12:16pm
I wouldn't suggest. Selling. Damn spell check.