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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 Apr 12, 2024 2:07pm
120 Views
Post# 35986265

Pip asks: Isn't all revenue non-dilutive?

Pip asks: Isn't all revenue non-dilutive?
Not necessarily.
 
As part of its Ross-Adams cleanup, Newmont has footed the bill for updated burrow samples from the mine (Performed in August 2023, with results received in December 2023), and are now constructing (and footing the bill for) haul roads into the mine. I see these as value added at this point, given the foregone conclusion (in the minds of serious Ucore investors) that Uranium will be monetized and not abandoned at Ross-Adams. 
So the question is, how much will this all cost Ucore/Shareholders? And the answer: Nothing--it's all free! It's of value and it's free. We got some free updated samples, tested for mineralization, and free roads leading into those minerals. And if we didn't have these things, we would have to be spending money to get them. And that would be "dilutive revenue".
 
It's like this: Imagine that I drive Dragon to a lake , and then I take Dragon out onto the lake on my boat, and and then Dragon catches a nice fish. How much expense was there for Dragon? All he had to do was go fish; I had to know where the fish were and bring him out there.
 
In conclusion, I am very smart--super smart-- and you should not question my thinking, as it is too incredible for you to even fathom. 
 
:)
 
P.S. Did I mention how smart I am?
 
;)
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