Not the last split Pip, but the next one.Dear Pip,
I don't have dementia, early or otherwise Pip. You need to catch up is all.
As you pointed out Ucore did a reverse 1 for 10 split 4 years ago. An none of us were happy about it including management. The things you do to keep the company alive. When Ucore starts making money with the first SMC. I don't see them paying a dividend, even if it is only a penny a share. So they will want to keep as much money in the company for the next SMC in Canada. So to pay the long time share holders they will most likely split the stock. My question to Rod was, before or after that split not the last split. Do try to keep up, Pip. I am starting to worry about you. We still have to meet for coffee at the needle in Seattle or have you forgot?
As for a hundred dollar a share, you still don't see the big picture. Still stuck in the numbers and not seeing.
As I have said before, the only thing that Ucore has to do is separate heavy REEs to get full funding from DOD. The only place in the world that separates heavy REEs right now is China. The last place DOD wants to use for a supplier. Are they going through third party buyers to keep REEs stockpiled. More than likely and paying a pretty penney too.
Ucore was the only one out of fifteen companies that got money to test their separation tech. Nobody else.
China the worlds supplier is falling apart. Things are starting to not come out of China. So the question is, when will REEs exports go off line?
Get your head out of the numbers, Pip and look at the whole picture.
If Ucore is the only company in world that is separating heavy REEs, What would Ucore stock price be?
Dragon