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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

Post by Dragonsmyth7on Feb 15, 2021 2:22pm
244 Views
Post# 32568969

Why Ausheds should be Ucore greatest fan!

Why Ausheds should be Ucore greatest fan!Good morning to all,
We got about 9 to 10 inches of snow.  It is melting with the warmer weather and rain.  On my third cup of Folgers so I am wide awake.
Now over the years we have wondered why Ausheds was on this site.  It all boils down to worry.  If Ucore was just a company that was using regular SX then it about who could do it the cheapest.  But from the start Ucore has been about finding Tech that was better than SX.  First with MRT, then with RSX.  Both would be cheapest than Lynas' SX.  So Ausheds is on here to trash talking Ucore and has been for years.  Why? Worry.
At this time and place Ausheds should be using all his words to get Lynas to have Ucore do testing on Lynas and round top ore.  Here is why.  Lynas got millions from the USG to build a SX plant in TX.  Here is the problem they face.  Lets say that Lynas is half way through building a SX plant and have spend millions doing it.  Then Ucore RSX come on line and is producing REE at 10% of Lynas cost.  What happens to Lynas half finished SX plant?  They would be faced with finishing it and it not making enough money to pay for its self or leaving it half finished or start over building a RSX plant.  Lynas would be much better off having Ucore test the ores to see if RSX is the better way to go before they spend all of the governments money on a plant that they have to leave or rebuild.  Just to see if the RSX tech is 90% better than they're or not.  That would be the wise way to go.  Ucore has always said that they wish to make money selling the tech beside doing the separation themself.
So How about it, Ausheds should Lynas have Ucore test it ores before it starts building that plant in TX?  Just to be sure it would still make money.
Have a great day
Dragon



 
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