Ucore Rare Metals Inc. V.UCU

Ucore is late, but will they be late on DOD?

[Dragonsmyth7]

Good Evening all,

As most of us know Ucore is late most of the time.  The latest example is the commissioning of the DEMO plant.  About  a year late to get it commissioned.  The question is will Ucore be late getting heavy REEs separated for the DOD?  They are suppose be done by June to get the second half of the award, the ten million get started money.  This is the one time when it not shareholders who are waiting but the people with the money.  Would DOD wait, yes they would.  Only because there is no one else.

As for the OEM that Pat has talked about.  First it was six, then three, now only one.  If Ucore had a working commercial plant the was producing REE oxides, I can see them funding the second stage or third stage.  I think it will be the DOD that funds the first stage.

Dragon

[My19sixyNineZ]

" They are suppose be done by June to get the second half of the award, the ten million get started money" March 2025 is final results for production, having been submitted & evaluated.  The $10m has been clearly said is a potential follow-on after March 2025. Why is it so hard to follow? It's in pr's, the DOD links & videos. There won't be "final

[PipinoCuevas]

No smc till 2027 then Smc suppose to be mid 2025    How that happening? dilution!

[PipinoCuevas]

So 2028 till oems    Guess those advanced talks not too advanced  here comes the PP   2026 first stage at best