Ucore Rare Metals Inc. V.UCU

How low?

[Moulouk]

Hi Dragon,

Yes, I think it is a joke, because abortion laws are so far from Ucore (a non cash generating business and without much money), that I think that you are joking around with your questions.

Now, more down to earth questions, as I have not checked in a long time. What is the current burning rate and how much money left in the bank? Another question: assuming UCU tries to raise money (short term), who will be willing to invest.

Answer to these few questions might tell us how low (or high) it can go. 

Moulouk

[PipinoCuevas]

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

[Moulouk]

Thanks Pip! So not much cash. 1) Streaming agreement. In my mind, before a potential third party throw money in a streaming agreement to fund the construction of a plant up to production, an important DD is performed. Questions such as when will it be ready and whether the demo plant can be scale-up to a commercial plant will be analyzed. So in my mind, at this point, it seems unlikely in the