RE:RE:Rare earth value stock announces Canadian government funding Value stock?
that's funny. Clearly a speculative micro cap with some interesting upside potential if multiple non dilutive funding sources come thru and they are able to secure adequate feedstock, produce profitablly etc.
there are tons of penny stocks that are utter nonsense Ucore doesn't look like that anymore. But still a ton of stuff to be proven
they look like they are on the correct track.
We should know a hecka lot more by end of 2024. If Ryan still on the hamster wheel talk8ng about OEMs and DOD funding without securing any ( outside of 2 4 million testing deals), we aren't in a good place. If ucore is securing 10 million package from DOD, another 10 million from OEMS and has to raise the rest thru dilution? Not a bad place, just not a home run.
they would need to add 50% to share count if that's the case. Not optimal. But if they have a running SMC at the end of it, still interesting. Just not a moonshot.