Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s): UURAF

Metals & Mining Industrial Metals & Minerals

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.

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Ucore Rare Metals Inc.

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Comment by padillbron Sep 05, 2019 5:19pm

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Post# 30099989

RE:RE:RE:RE:RE:RE:Bokan REE's not in monazite

So, we are totally gonna ignore how Ucore touted the ability to remove the uranium and thorium with MRT?

If they can't use MRT.....

So, lets be blunt. Bokan as a mine, even by their fast tracking standards wouldnt be up and running for over 3 years.

The most important part would be the SX tolling facility which can later be retro-fitted with MRT should the deal close. The Tolling facility can be funded partly from AIDEA funds, and additional loans, probably 300-500 million total at a lower interest rate 5-7%.

A source material site will be chosen (probably australia or elsewhere in the meantime) while Bokan is possibly being developed.

So, you end up with a temporary sx tolling facility, into a possible MRT modified one and mine.

How much money does a tolling facility make with 500 million in debt service? What is the valuation on that?

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