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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 aushedson Sep 10, 2019 7:48am
56 Views
Post# 30111605

RE:Lipstick on a pig

RE:Lipstick on a pigLol, you really don't mind hanging your pig ignorance out for all to see, you simply do not have the vaguest idea of the RE business, and SFA business/investment period.

Lynas peaked at $2.70 (I sold at $2.58), which is $27 post 10:1 consolidation, based on the very same STUPID prices in the Ucore's fantasy PEA, as in NdPr ~$125kg.

On those prices Lynas 7200tpa NdPr x $125kg - $10kg CoP would be producing $838,000,000 gross profit pa, and the Eu at ~$1800kg would be enough to tip it over $1Bn pa/700M SOI = $1.43 per share gross earnings x PE 15 = US$21.43 = A$31.23 SP.

Capice? Probably not, but neither are we ever likely to see those utterly stupid prices that Ucore fabricated into the Bokan PEA ever again.

Are you truly so stupid not to understand Lynas separates 100% of NdPr thru to oxides, and that they make up in excess of 70% of the total REO revenue stream?

You continue to amuse with just how little you understand about this business.

As to the rest of your BS, Japs extended the $145M loan out to 2030 at 2.5% coupon and Lynas stated quite clearly it intends to fund the $500M expansion from cash flow.

Drawing a line thru your pig ignorance Lynas & the RE industry itself it really isn't hard to understand how you've been suckered here.



Bullboard Posts