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Bullboard - Stock Discussion Forum 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 Discussion

Ucore Rare Metals Inc. > Okay, let's talk funding.
View:
Post by Dragonsmyth7 on Nov 09, 2023 3:36pm

Okay, let's talk funding.

Dear Pip,
Okay let's talk finding.  For this question let's assume that what Ucore has said is true.  That RSX works and works the way Ucore has said it does.  (Yes, Pip you can rake me over the coals if that is wrong later.) 
Funding, by Ucore's latest video from Red Cloud.  Thanks, Rapid.
We know that Ucore has 4 million for heavy REEs testing.
If testing proves that RSX can separate heavy REEs, then Ucore has 10 million to build SMC in LA.
Plus a second award for building SMC, amount unknown.
PLus the Canadian government funding, amount unknown.
Plus OEM offtakes, which are more likely if US and canadian governments are funding SMC. 

Okay Pip, How much is that worth in stock price?  If Ucore get this funding what is your best guess to how high will that push Ucore stock price?  Over 2, 3, 5, 10?

Remember DOD is looking at this from a war point of view.  Having a secure scource of REEs supply in US.  If there is trouble with China the first thing they will do is cut of supply.
Dragon
Comment by PipinoCuevas on Nov 09, 2023 8:50pm
This post has been removed in accordance with Community Policy
Comment by Dragonsmyth7 on Nov 09, 2023 11:14pm
Dear Pip, Pip, I am really starting to worry about you.  You don't miss stuff like this.  So what is going on?  I said nothing about LA and the tax break down the line. So you don't have to listen to Pat any more than you have to, I have stop at the spot you missed. Dragon  https://youtu.be/oWYKkw7T3Fs?t=799
Comment by VeritasBob on Nov 10, 2023 5:57am
Appears Dragon meant "If testing proves that RSX can separate heavy REEs, then Ucore has 10 million to build SMC in LA." as DOD follow-on to 4 million, but Pip interpreted 10 million to be LA tax credits.
Comment by Dragonsmyth7 on Nov 10, 2023 9:23am
Dear Bob,  Because Pip, was reading not listening.  I don't think he likes the sound of Pat's voice. Dragon
Comment by PipinoCuevas on Nov 10, 2023 11:14am
This post has been removed in accordance with Community Policy
Comment by Dragonsmyth7 on Nov 10, 2023 4:16pm
Dear Pip,  Yes, read too quickly and did not listen close enough to hear about the second award after the ten million.  Listen to the first Red Cloud video. You know that you got that 55 million stuck in your head and you can't let it go.  Even when you know that is not the way it is going down.  To get to 5000 tpa, yes it is 55 million but that is the second stage. The ...more  
Comment by PipinoCuevas on Nov 10, 2023 6:33pm
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Comment by PipinoCuevas on Nov 10, 2023 1:58pm
This post has been removed in accordance with Community Policy
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