RE:News stimulus
From what I take of this news of Orca coming to Ucore and throwing cash into the company is that since they are considered a big investor and has internal relations with what Ucore is doing and the results that they're getting, that the pilot plant involving MRT has proved to seperate REE and HREE successfully. Now before Ucore goes ahead and takes in customer tailings and product, they must first show Ausenco Engineering Canada (who is currently undergoing the Feasibility Study) that theyre Bokan Ridge product is the REE and the HREE that they claim that MRT has already purified 99%+ from theyre prior bench scale results. So I get the impression that MRT is a go, Orca saw this themselves as the big investor and is putting in more and helping Ucore along the way, then MRT lab studies to complete Feasibility and then customers come lining up. This is what I believe is in the works. Oh.. and once the positive Feasibility Study is complete, this opens the door to AIDEA's 145M Loan to Ucore kicks in to revamp infrastructure around the Site. This fund is great for investors as Ucore does not need to dilute the company or issue more incentives to otehr investors that would dilute share price. Ucore is in a real good position right now. All that can go better as of now is REE prices to rise, which is not in Ucore's hands.