Okay people,
You all know me. I am the retired federal worker that worked for and served in the US Navy for thirty plus years. I am the glass is half full guy that Pip and other go to great lengths to point out when I am wrong. But strangely never say a thing when I am right.
Some on here think that Rapid's numbers are a pipe dream that would never happen. To be honest, I think that Rapid's numbers are a little to low in the long term. So I am going to write out my reasons to think that Rapid's number are more possible than not. If nothing else it will give Pip and others something to poke fun at.
Reason 1. China's economy is collapsing. Very real possibility that REEs out of China could stop. Which would lead to worldwide panic. Just check the news.
Reason 2. The way Ucore has setup there business. They when from a junior miner to a tech company that does separation. You all know the sweet spot that Ucore is aiming for. That would make it a choke point stock. Much like Microsoft was back in the 90s with operating systems.
Reason 3. Pat talks about the DOD due diligence done before the 4 million award was given to Ucore. Having worked a little bit in that world I can tell you that Ucore would have never have gotten that award unless they could separate heavy REES. So all you people that think that Ucore has not proved it can separate heavies. The proof is in the money that Ucore got from DOD.
Reason 4. Daily it is looking more and more like Ucore is going to build at least three SMC in the next three to five years. Most like in brownfield sites to save time.
Reason 5. Ucore's business model. The tech can be licenced to other separaters.
Reason 6. When governments get in to deals like this what can happen and what is possible can get a little crazy. Saw it first hand with the Mystery box for 688 subs. A little company like Ucore came up with a tech that would replace a lot of very heavy equipment and do the job 35% faster. DOD poured millions in upgrading the company.
Reason 7. I do believe that Ucore's stock will do a rise next year with the award of more money from DOD and deals with OEMs. But like I have said before to get to Rapid's numbers Ucore would have to go on to an exchange. So that ETF, mutual funds and insurance companies can buy into Ucore. Because they can't as long as Ucore is a penny stock.
We are all here because we see the potential that Ucore has. Even Pip and Rod.
Have a great day.
Dragon