No matter how long it takes, only the results count! Good Evening Everyone,
Dear Pip, you are doing it again. Remember slow breathing in through the mouth and out through the nose. You never answered my question can Ucore last the summer without coming to the shareholder for money? When DOD changed the milestones and added a fifth REE that delayed the end results. Unless Ucore want to come out and say that due to the added REE the DOD program will be done at "?".
Again I say.
1st stage vs 2nd stage funding: Now, most of you know that I have said that DOD would fund the building of the first stage when Ucore proves that it can separate heavy REEs. I believe that DOD will do this to contract out most, if not all of the first stage REEs for themselves. That leaves the funding of the second stage to the OEMs. I believe that the OEMs are not going to do any funding until they know how much DOD is kicking into the pot.
Pressure: We have Political pressure from congress. WE have strategic pressure from the top bress in the penagon. To add to that Prez Biden is adding new traffs to China EVs in the next couple days. That adds international pressure to the whole mess and where is Ucore? Right in the middle. Now most of the share holders are standing pat, waiting to see how this all play out. You can see that by looking at the volume.
Am I wrong? Pip, says that I am always wrong. Only time will tell.
Dragon