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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 Rapidsx1on Oct 05, 2023 12:59am
147 Views
Post# 35670346

Still Digesting the Vital News

Still Digesting the Vital NewsThe fact that Vital Metals did not publicly cancel its offtake agreement with Ucore (as it did with REETEC), and the fact that there has been no announcement by Ucore of any legal proceedings against Vital for breach of contract/offtake agreement, suggests to me an understanding between these two Canadian companies and the Canadian government that some Canadian funding with be forthcoming by the end of the year, and so no need to fuss.
My sense is that the next really big news we are going to hear from Ucore will not be US DOD nor OEM's, but instead the Canadian government.
 
Here was InvestorIntel's take on the recent Vital Metals news:
https://investornews.com/critical-minerals-rare-earths/a-rocky-path-ahead-for-vital-metals/
 

 
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