UcoreStill needs offtake agreements
We already knew they had a site this is the snnouncement
Im glad there is an increase in productivity but there is a caveat to that
more cost (75M not sure where that is coming from the company does not have that capital)
No grants or money until they are in production although there is a lease hold improvement grant if I read that right.
bottom line 2 things need to happen
1. signed binding agreements for finished product
2. Money Money Money and lots of it. If there is a PP I may consider buying if the price is right for 2 reasons A. so as to not be diluted any further B. lower my average SP.
The new building is massive, leads me to think either the foot print for 7500 TPA is extensive in size or they plan to blow past 7500 TPA quickly perhaps double it.