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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 Dragonsmyth7on Dec 14, 2024 5:07pm
148 Views
Post# 36362667

A reminder, DOD is sneaky, The fifth element

A reminder, DOD is sneaky, The fifth elementGood afternoon people,
It is a raining sidewise up here.  The wind is so strong that it is moving the house.  I could not understand why the house was cheap until the first good rainstorm.  The lay of the land funnels the wind right into the front of the house.  Oh well back to Ucore.

If you all remember I said that we would be lucky if we got much news about the DOD sample and the deal with DOD.  Mark is under a gag rule.  The one thing that he can report is money.  I don't know.  Something to do with two federal laws butting heads. So DOD added money but we have no idea how much.  It could be the 10 million on the backside of the award contract or full funding to build the commerial plant in LA.
Also I think we all made a mistake.  If you all go back to that video I found from the first of September.  Pat says that he has a mix of DY and Tb that was 98.5 pure.  Not that was 98% Dy and 2% Tb.  He did not say how much Dy to Tb was in the mix.  Remember under gag rule.

DOD is sneaky.  Anybody found out who is renting the rest of the hanger down in LA.  What if a DOD company rented that space.  Then ordered all the parts needed for seven RSX machines/lines.  That would be one way that Ucore could make the timeline of in production in 2026.  Just a thought.

When I talked to Mark in the spring I found out that DOD did what it normally does it added to the award contract.  The 4 REEs needed for REE magnets but also the one needed for the AI computers.
Going to go get the mail and milk.
Dragon
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