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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 AndyScienceon Jun 27, 2020 1:51pm
116 Views
Post# 31198961

RE:RE:RE:Okay, What is next?

RE:RE:RE:Okay, What is next? What's next, based on the DD and current announcements.
 - Get the new facility up and running with the recent financial $$$ they have
 - Do JV/Contract/Merge/Client with/to Li-Cycle to replace their Hub with RapidSX (small revenue start) plus recycle feedstock, and getting into recycle industry.
 - Hexagon recent June 15th announcement remain to be optimistic in meeting their funding, hence they will get the necessary $2M (in one video the CEO mentioned they already have $1M). Also, they are looking into feedstocks.
 - DOD most likely fund Ucore, just a matter of amount $$$. According to DoD they plan on funding 1 large plant and several smaller plants. Ucore might not get the large plant funding, but should get a smaller plant funding. 
 - Plant in Alaska next
 - I think IBC vs Ucore litigation will get settle out of court this year. I believe Jim stepping down is the initial good faith action that start the discusion. 

Bullboard Posts