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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 Dragonsmyth7on Mar 09, 2024 7:12pm
123 Views
Post# 35924808

Pat said, June. Pip.

Pat said, June. Pip.Dear Pip,
In the video Pat said that DOD sample would be done around June and that the rest of the year would be doing the light REEs sample that the Canadain government wanted separated for funding the second SMC.  Until then we are going to get update PRs on how many Milestones the Demo plant has reach.  The state of Ucore patent app. Maybe, just maybe a little more detail of what the Demo plant is doing.  That is writen from the point of view of the common man investor not a scientist or engineer.

As you have pointed out many, many times the only thing that counts is funding.  Most likely with OEM also.  They are waiting to see if Ucore gets that ten million dollar carrot that DOD is dangling for heavy REEs separation.  By completeing the award contract, Ucore can apply for more funding awards to complete the first section of the commerial plant (SMC) the 2000 tpa.  If OEMs don't have to put much money in to get head of the line, so they wait.  Nobody wants to be first for fear that they will get stuck funding the whole thing.  Like you with your harping on PP and ROs.  

Ucore in the past has been slow.  Pushing the goal posts as you have put it.  But look at what is going on in China right now.  DOD will be pushing Ucore to keep to the June timetable.  Feet to the fire.

Dragon


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