RE:RE:RE:New Press Release - Ucore Invited to Present at National Defense Industry Association EventVeritasBob wrote: Ryan in answer to question just aked: 2000 tpa 1st half '25. 5000 tpa 1st half '26. 7500 tpa in '27. 5000 tpa costs 55 to 60 million.
& he still leaves out the important comparisons:
5k TPA $60m vs $300m for typical mixer/settler.
Side by side comparing to SX campains.
LA SMC is:
600 TPA HREE
1600 TPA LREE
Canada said they want SMC #2.
But spends time on his ridiculous "automotive experience", to sound personally relevant. Still hasn't fully shaken off the McKenzie area stinch in that regard.
RapidSX was started over a decade ago with DOD $$.
The issue is not Rapid....it's bringing on upstream.
Ucore can run ir's 3 SMC's, & it's still only 50% of US needs. Which is good for not crashing pricing.
There will be the japanese company from Lynas involved & a company used MP's feed to compete for the DOD contract. Obviously lost & the other techs were nothing even close to being as Rapid "simple".
LA SMC only exists because of DOD.
For a while now, Ucore has been working with LA colleges, etc..
Totally new business model & i said MRT years ago....if not MRT, RapidSX would be best route.
2024 --- Ucore will continue being on-track & it looks like the china politics, have finally taken from the US DOD, their preferance of delaying. It's been hard going because of them....they didn't want to upset their friends relations with china. Well, with Lockheed publically hosting events now.....remember, 2010 frwd they too were some of the ones who didn't want disturb the chinese.
If DOD & industry are now truly going to push for L/H indepence... Ucore will be sitting in a phenominal section of supply-chain.
Once you seperate the hardest minerals of all industries....copper, Lithium, etc., are a breeze
All with only current 80m shares.
If it all plays right, this will need frwd stock splits over time