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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

Bullboard Posts
Comment by lbarltdon May 11, 2012 9:00pm
211 Views
Post# 19901655

RE: RE: RE: BASKET PRICE PER TON

RE: RE: RE: BASKET PRICE PER TON

effittery- I had some problems with this chart myself as these players moved around over the past months.

My explanation is thus and others can correct me if desired.

When you look at the y axis for basket kilo price as you compare Bokan with Lynus you will find that Bokan has the better goods in terms of heavy rare earth as opposed to Lynus and therefore taking the current price for every rare earth element in each deposit. (I assume its correlated to percentage of each) and you get the average price per kilo . Hence Bokan with a heavier weighting toward HRE gets the better per kilo price.

On the x axis as valuation per ton. The only difference is that Lynus has a much larger deposit proven up. (I don't follow Lynus that much). The math simply dictates that with larger tonnage the per tonne  basket price goes up.

Don't forget that Ucore's first Ni43-101 was premised on very little drilling and therfore the total tonnage was lower than some may have expected. I think we all know or at least speculate that there is much more tonnage  in them there hills. Ucore feels that they have a legitimate resource to move ahead with the next stage and a mine plan already as a bonus. As to and when Ucore proves up a bigger deposit you will see the dollar value of basket tonnage increase and better reflect the discepancy you see at this time between Bokan and Mt. Weld.

That's my best shot-hope it helps you

lb

 

Bullboard Posts