RE:Result is binary/upside on asymetric risk worth taking GLTAL
LOL....you name NUTHOUSe is very appropriate. Totally bizarre analysis that goes against any conventional and rational investment wisdom.
Ucore likely has less than $200K in the bank, about to enter lawsuits and arbitration, has never delivered on anything, needs to find about $20 MM CDn in financing . More inportantly if you read through the AIDEA webiste documents they require a full FEED study before they will finance any of their prospective projects. Google what a FEED study is and why it is needed. This will take a minimum 8 -12 months. You cant do an economic proposal without FEED....its would be regarded as garbage otherwise. So no AIDEA of DOD money is coming for at least another year. If RJ or others are stupid enough to finance it themselves then it will come at the expense of shareholders.
YEP, a $50 MM market cap for a company with massive risks and $200 K or so in the bank and some vision that they now can't deliver on. Your risk is it goes to zero in a matter of months. Not my type of investment.