RE:How low?Moulouk
i will take a stab at that
as far as cash, not much. Like running on fumes
i expect a few % dilution once again, probably at 45 cents US, to get ucore enough in bank to move forward thru CDP and start of SMC. If they don't get funding then, it's most likely over for realz
funding
AIDEA. Will either step up or they won't CDP has to work as well as pilot and offtakes have to be known
if so, they should pull the trigger on a somewhat viable loan
will that make this a must buy? Nope. They have to show they can run a smc. That's a 2026 event
Possibly doe, DOD or dla funds some. But tons of cash just went to lynas and MP. Reemf got 20 million for separation testing. Ucore has always been shut out. So can't say I would expect cash from those sources
offtakes might have some upfront cash incentive to get project going. But could be more wishful thinking
ucore can be taken private at like 20 cents if CDP works and it's their only option
not so much rosy. There. Is that straight up enough?