Hey Pip, A crazy idea or question?Hey Pip,
I have not been following Ucore as close I as I have in the past. So I missed what you are talking about so to bring me up to date. Can you remember when in what PR or Video that Pat started talking about doing both stages at the same time and needing 55 million. We have been following Ucore over ten years. Ucore plays it very close to the vest since Pat took over. The crazy idea is that if Pat is talking about doing both stage 1 and 2 at the same time then I would think that somebody is saying that you got the money to do it. Otherwise slow cautious Ucore would only be talking about needing money for the first stage. This goes back to other things in Ucore past. Why did Ucore suddenly change the Demo plant from a demo plant that did just the four highest value REEs to a Demo plant that does all 17 REEs and battery metals? Why did Ucore go from talking about building just the first stage to building both the first and second stage at the same time unless someone saying the money would be there. My guess would be DOD. Like I said in the past DOD wants heavy REEs separation and they want it bad. Pip, I think you are wrong as soon as they started testing that 4 million came in to play. When I talked to Mark last November. They had done things in prep for the testing that they could billed against the 4 million. As soon as testing started DOD got the bill.
Stay warm tonight.
Dragon