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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 Mouloukon Dec 18, 2020 11:07am
206 Views
Post# 32139874

RE:RE:Sample testing

RE:RE:Sample testing

Well, positive results from Bokan can certainly be seen like a step in the right direction, and more data for potential investors to analyze UCU's business plan or vialibility.

The opposite is equally true though. 1.5t was sent back in October no? Results should hopefully come soon.

What about the demonstration plant? It should also be a positive step no?  And this plant should be ready by June if I am not mistaken.

I have not found data related to the cost of the plant though and the specific of this demonstration plant. Will UCU generate cash flow out of this plant? How much REO per day will UCU be able to generate? Are we talking of a free tech or not?

I am looking forward to obtain more information on the separation technology now that the amount of shares outstanding is lower.

If money from AIDEA, DOD (or from any source) is contingent upon demonstration that UCU can produce REO economically, numbers and data will be important in the months to come.

And hopefully, cash will not be burned too much in legal fees. 

Moulouk

Bullboard Posts