The right place at the right time.I agree. Our best days are most certainly ahead of us. We chose the right company in the REE sector and will reap the rewards. Dysprosium is a critical metal indeed. After reading the Critical Materials Strategy by the Department of Energy, I must say I am excited to have found UCore as an investment. We are in the right place at the right time in terms of the Marco Economic, Political and Environmental trends that are shifting toward many technological uses of Dysprosium.
The federal government’s CMS report is a very interesting read. Go find it, then read it.
My opinion:
Ucore will be a model for other companies in terms of CAPEX, OPPEX and how that translates into eventual EPS figures. Selling critical metals to the gov’t and green energy markets with a high profit margin will eventually reward those of us who stick around long enough. The only real hurdle to a lofty future is the financing barrier and we are almost through 2/3 of that process once this bill is passed. Let’s hope that we get an offtake agreement that allows us to capture some upside on metal prices.
I don’t see this company fundraising with SEO's for the medium/long term. We are still in the initial phases of mine development but not for much longer. So sit tight ladies and gentlemen, when we are fully funded, we will be the owners of a steady stream of cash flows + possible dividends. People are going to have to pay me a premium for my shares. Just hope that we get that last 1/3 and finally get to the + cash flow activities like …MINING.
We all knew the 20% hit to shareholders was coming and it's nothing new. The best thing a UCORE shareholder can do at this very moment is absolutely nothing. Sit on your shares and forget about them for a couple years.
As always, Good Luck!
Disclosure: I am a shareholder. Forward Looking Statements…etc.