Yes Rod, Pip's hindsight is 20/20 Dear Rod,
It is pretty easy to be 100% when you only look backward. Pip, rarely pulls his nose out of the account book and looks at anything else that might matter. His only guage for sucess is the money or money contracts. Those are real hard to get if you don't have the science to back it up. Nor is hard to figure out when Ucore will run out of money and need to do a PP. But gets mad and doesn't think about a few things. How easy is it for Ucore to do a PP. Does Ucore's PP stay open for longer than a month or two or not sell out. No, they sell out quickly and they sell all the units offered. So high demand, sometimes demand is so high that they add units. Are company insiders buying these units, Yes. Did DOD only give a test separation contact to Ucore out of the 22 companies that apply, Yes. Even with the longer time it has taken for the Demo plant to do the DOD sample. Ucore is the only game in town as far as the DOD is concern. MP is doing some lights but no heavies and sending a lot concertrate to China with a Chinese interest in the company. Lynas is at the end of a very long supply chian that China could mess with. The others are still at the lab stage of development for separation. Energy fuels maybe but looking at major retooling. The only company close to doing heavy REEs with a replacement tech for SX is Ucore. The waiting is killing me, but the one thing that the Navy taught me how to do was wait. Now Pip, waiting seem to be like worring a sore tooth. He would love to make his money and sell out but would he. Sell out or park a stop lose under his profit and see where Ucore goes.
Dragon