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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 Lightningmillzon Nov 14, 2017 7:09am
127 Views
Post# 26957132

RE:RE:Ausheds asks "Tell me again why IBC need Ucore?"

RE:RE:Ausheds asks "Tell me again why IBC need Ucore?"If you look at the actual aggreement with LEXi, you see the exact business model and contract talk that McKenzie has shared for the last 2 years. You better believe that Ucore was all over the negotiations of this deal, knowing the JV is imminent and that 100% acquisition is within ~15 months. I think that once the JV starts, they will announce the contracts related to the JV the same time or right after. I believe that the 60(Ucore)/40(IBC) split will be more like 25(Ucore)/75(IBC) until Ucore has paid $10M.
Bullboard Posts