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Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

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.


TSXV:UCU - Post by User

Post by VeritasBobon Jul 12, 2022 8:12pm
220 Views
Post# 34819491

Dr. Boyd Davis' statement in PR doesn't mention cost savings

Dr. Boyd Davis' statement in PR doesn't mention cost savingsDr. Boyd Davis, Principal of KPM, is basically Ucore's rent-a-geek now that the original IMC people are gone. It seems strange that his statment (shown below) in the PR doesn't mention anything about RapidSX's supposed CapEx or OpEx savings. If it really saved as much as suggested (claimed?) in the Indepdendent evaluation PR, which was parroated by the bought and paid for "independent" analyst Hykawy, wouldn't it be mentioned in such a statement touting its merits? Note that all we ever saw was Ucore's summary of the independent evaluation results, not the actual report itself.

IMC’s solvent extraction process, RapidSX™, has different components that allow us to Westernize this standard chemical process so that ‘technology risk’ is eliminated while in compliance with North American environmental and worker safety standards. The cellular design is scalable and allows for rapid production capacity expansion in a safe and responsible manner,” said Dr. Boyd Davis, a Principal of KPM.
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