Best Case Scenario is still Bad Short TermSo, lets assume everything works in Ucores Favor.
1) Jurisdiction confirmed, Izatt settles in Case Management Conferance / Arbitration for 60-100 million
Timeframe: 3-6 months.
- Where does 60-100 million come from ? The only answer is major shareholder dilution.
2.) Izatt does not settle or back down, OTP confirmed, and takeover of IBC occurs.
Timeframe: 12-24 months
- Ucore is forced to dilute more to sustain operating expenses and for the 10 million purchase price.
- Major partnership opportunities have possibly signed with other less efficient technologies.
In either scenario, no big contracts are locked up in the short term, and significant dilution occurs.
The only scenarios that results in shareholder appreciation at this point through several months after litigation is completed would be China escalation of trade war and cut off of REE supply or Bokan being chosen over Bear lodge/ Mountain Pass as a strategic provider to the US government.
Risk / Risk / Risk. All the while Jim continues to get paid several hundred thousands of dollars a year.
I will wait till the dilution drop or major news to buy back in. Hopefully you guys don't take too big of a haircut.