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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 Feb 03, 2024 2:01pm
250 Views
Post# 35861276

MP and Lynas Merger talks

MP and Lynas Merger talks

https://www.afr.com/companies/mining/lynas-confirms-talks-of-rare-earths-mega-merger-with-mp-materials-20240203-p5f253


One of these companies must lack confidence in its processing capabilities. Either Lynas is worried about it's Malaysia operation or Mp isn't confident in its Stage 2. Or both.

Could it then be Ucore to the rescue? And if Ucore were to make a merger some day, who would you want it to be with?


In other news, Uranium is booming in price, with supply very limited. Kazatomprom this week announced it won't meet its production targets for the next 2 years. Kazakhstan can't get enough sulfuric acid needed to process it's Uranium (its sulfuric acid supply currently originates in neighboring Russia, by the way).


In conclusion, it has become apparent that the floor for Uranium will be 100. We will very likely see it reach 150 this year, assuming minimal geopolitical stress. Why doesn't Pat finally reveal to his loyal investors the nature of the conversations he has been having regarding Ucore's Brownfield Uranium deposit? It has been 2 years since he announced inquiries, the price of Uranium has more than doubled, and it would make sense as a revenue source. 


Sincerely,

     Rapidsx1
















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