RE:RE:RE:Prediction (New Investors; Buyout)tiker22 wrote: Probably not the news we were waiting for but it seems that this is the first kick at a revenue stream that may generate income down the road. Still, the potential and the big money oil contracts need confirmation that testing will prove that sufficient resources can be separated at a profit. I think some of us were looking for MOUs with lithium,scandium and/or gold companies but this opportunity arose first, so let's run with it. If a lithium company now comes calling, wanting to test their PLS brine solution, are they now on hold until the oil testing is done? I would suspect that all potential customers would want to do testing at the pillot plant before committing to a full MRT facility. I just hope that the testing process is faster than what we have been witnessing with REE separation or maybe that is the pace that the Pilot Plant works at. If so don't expect a boost in stock price for many months hence.
Tiker, perhaps you read the PR too fast.
Ucore will be seperating 'REE's and other technology metals' from their tailings. They are not doing any oil testing as you say.
Also, that Ucore got a government grant to help Ucore seperate the REE from oil sands of this Major Albertan oil company. For this agreement to get not only government recognition but also a government grant means that this can be big and this Major Albertan company can unlock another stream of revenue that Ucore and its shareholders are entitled to.
We all know MRT has never failed, so this to me already spells victory.. major victory. This is a major customer that we have been praying for whether you guys realize that or not.