Bob's question, Partner, and 100x share priceGood Morning all,
Bob's question: Bob keeps harping on that one thing from that July press prelease. Hint Bob, if you are going to harp on something that is from six months ago adding a link to that PR is a good idea. Why, of why did he not say how RSX was cheaper, faster, and greener. How about the most simplest of answers. He does not offen write PR and why say it when it had been said many times before. The PR was not about how RSX is cheaper, faster, or greener. Just a thought.
Partner: You all have beat the Partner question to death. Me, I think that Ucore has six, last count, OEM auto companies (Pat video) line up to do outtake agreements. Outtake agreements do NOT mean that Ucore sells 90% of the company to get money for SMC. When the Demo plant shows the world that RSX is cheaper, faster, and greener in a side be side compaison to SX it will be big news. With RSX proven at commerial scale governments will line up to throw money at Ucore to get More SMC built, maybe more than one at the same time. AIDEA requirement for proof of RSX for the 3.5 million starter loan for the SMC building is what caused the independent testing. After testing Ucore changed course away from Ketchakan. When from a18 slice circuit to get just the four most profitable REEs to a 51 slice circuit to do all of the REEs plus the battery metals. But also added a standard SX circuit for side by side compaison. Somebody dangled a very big carrot is the only explanation that make sense.
100X share price: I have stated my thoughts on this a few times. Pip, thinks that it is impossible and can never happen. As I have said in the past Pip, has a right to state his opinion and I have depended this right on this board in the past. If we were talking about a regular bore business assets then Ucore is five years or more from that share price. But Ucore is not a regular business. it is a choke point business. No one else is building a commerial scale REE separation plant next year. Now stop and think about that for a moment. You have miners that dig up REE and you have end users that use REEs. Only in China and Australia do we have separation plants. Ucore will be the only company to do full100% separation of REEs in the NA. That just might make the business news, maybe the business channels. When that happens I think the hype will kick in and we will see a run up in stock price. Maybe as high as MP which is 75 dollars a share. But as Pip is quick to point out these are my thoughts and can never happen in a million years.
But think on it.
Dragon