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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

Comment by PipinoCuevason Dec 31, 2023 11:35am
70 Views
Post# 35805641

RE:An open question to Ucore's CEO.

RE:An open question to Ucore's CEO.

Dragon
this is like a kids Xmas list to Santa.
why u askingstock  splits vs dividends?

these guys are most likely discussing RO and another r/s after it.    Like they did 5 yrs ago
my guess is a PP soon, some OEM pre offtake, maybe DOD and then most likely a larger equity raise.
if the first phase is only 30 million then equity raise may only be 15-20 million and the rest by DOD/oem
that should be doable.   What happens after that is key
hard to play a stock that u know might get funding from other sources and may also dilute.   No clear path. But long term, it would be positive if they can build SMC and run it efficiently and at a profit.

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